Byung-Duck Kim
Senior Research Fellow, Korea Institute of Finance

His research areas are financial economics (financial policy), regulations, markets and institutions, macro-monetary economics, and pensions and public funds. He obtained his bachelor’s degree in Economics from the University of Texas at Austin, and his M.A. and Ph. D. in Economics from the University of Minnesota. He has held top positions in the public and private sectors in the Republic of Korea, including Director General for Public Funds System of the Ministry of Planning and Budget.

Insight

Private Pension Schemes and the Need to Revise the Management Fee

It is necessary to redesign private pension management fee schemes so companies have incentives to compete and develop better products.

   Korea, Republic of; Social development and protection
   SDG: Goal 10: Reduced Inequalities
Insight

Promoting the Default Option in Private Pension Systems

In the Republic of Korea, efforts are underway to adopt one of the most broadly used pension default options.

   Korea, Republic of; Finance sector development
   SDG: Goal 8: Decent Work and Economic Growth; Goal 10: Reduced Inequalities