“Finance for the Post-Covid World: Risks and Opportunities” (with Thorsten Beck) in Prospects of the Global Economy after Covid-19 (Co-edited with Thorsten Beck), Center for economic Policy Research (CEPR) Press, February 2022

“Fostering FinTech for financial transformation: The case of South Korea” (with Thorsten Beck, Taiki Lee and Yong Tae Kim), in Fostering fintech for financial transformation: the case of South Korea, (co-edited with Thorsten Beck), Center for economic Policy Research (CEPR) Press, August 2021CEPR Report, pp. 143-182, August 2021.

“Digitalization of Finance in Korea”, (with Taiki Lee, Yong Tae Kim and Thorsten Beck), KIF Working Paper 2021-08, Korea Institute of Finance, 2021.

“Use of national currencies for trade settlement in East Asia: A proposal”, (with Il Houng Lee), in Financial Development and Cooperation in Asia and the Pacific edited by Edward KY Chen and Wendy Dobson, Routledge, 2014.

“Crisis Impact”, in Rebalancing for Sustainable Growth: Asia’s Postcrisis Challenge edited by Masahiro Kawai and Jong-Wha Lee, Springer, 2015.

“International Monetary Reforms: A Critical Appraisal of Some Proposals” (with Charles Wyplosz), paper presented to International Preparatory Conference for the 2013 G20 Russia Summit on International Monetary System, Energy, and Sustainable Development, Seoul, September 21, 2012.

“A Macroprudential Approach to Financial Supervision and Monetary Policy in Emerging Economies”, KDI Journal of Economic Policy, Vol. 34, No. 1, pp. 3-27, 2012.

“The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies”, in Asian Perspectives on Financial Sector Reforms and Regulation edited by Masahiro Kawai and Eswar S. Prasad, Asian Development Bank Institute and Brookings Institution Press, 2011.

“G20 Financial Regulatory Reform: Current Status and Future Challenges”, (with Sungmin Kim), in Global leadership in transition: Making the G20 more effective and responsive edited by Colin I. Bradford and Wonhyuk Lim, Brookings Institution Press, 2011.

“From Crisis to Recovery: Korea’s Policy Response to the Global Financial Meltdown, August 2007-June 2009,” in Navigating Turbulence in Northeast Asia: The Future of US-ROK alliance, Joint US-Korea Academic Studies, pp.17-44, 2011.

“The Future of the IMF and of Regional Cooperation in East Asia”, (with Charles Wyplosz), in The New International Monetary System: Essays in Honor of Alexander Swoboda edited by Charles Wyplosz, Routledge, 2010.

"Who Destabilized the Korean Stock Market?", (with Innwon Park) in International Capital Flows in Calm and Turbulent Times: The Need for New International Architecture edited by Stephany Griffith-Jones, Ricardo Gottschalk, and Jacques Cailoux, The University Michigan Press, 2009.

"Proliferation of FTAs and Prospects for Trade Liberalization in East Asia", (with Inkyo Cheong) in China, Asia and the World Economy edited by Barry Eichengreen, Yung Chul Park, and Charles Wyplosz, Oxford University Press, 2008.

“Sub-prime crisis and East Asia”, paper presented to Bellagio Meeting, European Central Bank, Frankfurt, January 2008.

“Inflation targeting in Korea: Successes, Good luck or Bad Luck?”, (with Charles Wyplosz) in Ten Years after the Korean Crisis: Crisis, Adjustment and Long-run Economic Growth edited by Meral Karasulu and Doo Yong Yang, IMF & KIEP, 2008.

"Recovery and Sustainability in East Asia " (with Jong Wha Lee), in Managing Currency Crises in Emerging Markets, edited by Michael P. Dooley, Jeffrey A. Frankel, University of Chicago Press, 2007.

"IMF Structural Programs: comment", in Economic and Financial Crises in Emerging Market Economies edited by Martin Feldstein, The University of Chicago Press, 2007.

"Global Imbalances: Time for Action", (with Alan Ahearne, William Cline, Jean Pisani-Ferry, Kyung Tae Lee, and John Williamson), Policy Briefs, No. PB07-4, Peterson Institute for International Economics, 2007.

"IMF Structural Programs: comment", in Economic and Financial Crises in Emerging Market Economies edited by Martin Feldstein, The University of Chicago Press, 2007.

“Global Imbalances: Implications for Emerging Asia”, (with Barry Eichengreen), paper presented to the IADB Annual Meetings Seminar, Madrid, May 2006.

“Prospects for Regional Financial and Monetary Integration in East Asia”, (with Doo Yong Yang), Policy Reference No. 06-06, Korea Institute for International Economic Policy (KIEP), 2006.

"Macroprudential Approach to Financial Supervision and Regulation: Conceptual and Operational Issues", paper presented to IMF-FSC/FSS conference on Macroprudential Supervision, Seoul, November 2006.

 "Regional Financial Integration in East Asia: Challenges and Prospects," in Regional Financial Cooperation edited by Jose Antonio Ocampo, Brookings Institution Press, 2006.

 "Asian Bond Market Development: Rationale and Strategy", (with Jae Ha Park, Julia Leung, Kanit Sangsubhan), in Regional Financial Cooperation edited by Jose Antonio Ocampo, Brookings Institution Press, 2006.

"Developing the Bond Market(s) in East Asia: Global, Regional, or National"(with Robert N McCauley) in Asian Bond Markets: Issues and Prospects, Bank for International Settlement, No. 30, pp. 19-39, 2006.

"Finance and Economic Development in East Asia", (with WonHo Song and Yunjong Wang), in A New Financial Market Structure for East Asia edited by Takatoshi Ito, Yung Chul Park, and Yun Jong Wang, Edward Elgar, 2005.

"Financial Liberalization and Capital Market in East Asia", (with Barry Eichengreen), in A New Financial Market Structure for East Asia edited by Takatoshi Ito, Yung Chul Park, and Yun Jong Wang, Edward Elgar, 2005.

"Why Has There been Less Financial Integration in Asia than in Europe?" (With Barry Eichengreen) in A New Financial Market Structure for East Asia edited by Takatoshi Ito, Yung Chul Park, and Yun Jong Wang, Edward Elgar, 2005.

"A Tale of Two Crises: Korea’s Experience with External Debt Management 1979-80 and 1997-98," Debt Sustainability and Development Strategies, UNCTAD, 2005.

“In Search of a New East Asian Development Paradigm: Governance, Markets and Institutions” (with Choong Yong Ahn and Yunjong Wang), in Diversity in Development: Reconsidering the Washington Consensus edited by Jan Joost Teunissen and Age Akkerman, Forum on Debt and Development (FONDAD), 2004.

"Exchange rate regimes in East Asia"(with Takatoshi Ito), in Monetary and Financial Integration in East Asia (Volume 1) edited by Asian Development Bank, Palgrave Macmillan, 2004.

"Beyond the Chiang Mai Initiative: Prospects for regional financial and monetary integration in East Asia ", the Technical Group meeting of G-24, September 2004.

"A Currency Union in East Asia"(with Jong-Wha Lee and Kwanho Shin), in Monetary and Financial Integration in East Asia (Volume 2) edited by Asian Development Bank, Palgrave Macmillan, 2004.

"Towards a Market-Oriented Strategy of Financial Development", in Financial Development and Integration in East Asia edited by Chung Young Ahn, Takatoshi Ito, M. Kawai, and Yung Chul Park, Korea Institute for International Economic Policy (KIEP), 2003.

"Prospects for Financial Integration in East Asia: The Chiang Mai Initiative and Beyond", (with Yunjong Wang), in China's Role in Asia and the World Economy: Fostering Stability and Growth, edited by Jan Joost Teunissen, Fondad and KIEP, 2003.

"Managing Capital Account Liberalization: The Experiences of Indonesia, Malaysia, Korea, and Thailand", (with Chi-Young Song), in Capital Liberalization in Transition Countries: Lessons from the past and for the future edited by Age F.P. Bakker and Brayan Chapple, Edward Elgar, 2003.

“Flexibility or Nominal Anchors: Exchange Rate Policy in Asia", (with Rudiger Dornbusch), in Exchange Rate Policies in Emerging Asian Countries co-edited with Stefan Collignon and Jean Pisani-Ferry, Routledge, 2003.

"Financial liberalization and economic integration in East Asia", (with Kee-Hong Bae), Financial Stability and Growth in Emerging Economies: The Role of the Financial Sector edited by Jan Joost Teunissen and Mark Teunissen, FONDAD, 2003.

"Finance and Economic Development in Korea", (with Wonho Song, Yunjong Wang), in Financial Development and Integration in East Asia edited by Chung Young Ahn, Takatoshi Ito, M. Kawai, and Yung Chul Park, Korea Institute for International Economic Policy (KIEP), 2003.

"Does East Asia Need a New Paradigm of Development?", in Brookings Trade Forum 2002 edited by Susan M. Collins and Dani Rodrik, Brookings, 2003.

"Toward creating a regional monetary arrangement in East Asia", (with C. Fred Bergsten), ADBI Research Paper Series, No.50, 2002.

"Recovery and Sustainability in East Asia " (with Jong Wha Lee), in Korean Crisis and Recovery edited by David T. Coe and Se Jik Kim, IMF and KIEP, 2002.

"Prospects for financial integration and exchange rate policy cooperation in East Asia", ADBI Research Paper Series, No.48, 2002.

“Financial liberalization and economic integration in East Asia”, PECC Finance Forum Conference on “Issues and Prospects for Regional Cooperation for Financial Stability and Development, August 2002.

"Financial Crisis and Recovery: Patterns of Adjustment in East Asia, 1996-99", (with Jong Wha Lee), ADBI Research Paper Series, No. 45, 2002.

"Can East Asia Emulate European Economic Integration?", (with Yunjong Wang), KIEP Discussion Paper 02-09, KIEP, 2002.

"Beyond the Chiang Mai Initiative: Rationale and Need for a Regional Monetary Arrangement in East Asia ", in A Regional Approach to Financial Crisis Prevention: Lesson from Europe and Initiatives in Asia, Latin America and Africa edited by Jan Joost Teunissen, FONDAD, 2002.

"A Framework for Exchange Rate Policy in Korea", (with Michael Dooley and Rudi Dornbusch), in Korean Crisis and Recovery edited by David T. Coe and Se Jik Kim, IMF and KIEP, 2002.

"Reform of the international financial system and institutions in light of the Asian financial crisis", (with Yunjong Wang), G-24 Discussion Paper Series, No.12, United Nations, 2001.

"Financial Contagion in the East Asian Crisis: With Special Reference to the Republic of Korea" (with Chi-Young Song), in International Financial Contagion edited by Stijn Claessens and Kirsten Forbes, Springer Science & Business Media, 2001.

"East Asia’s Experiences with Floating Rates" (with Chi-Young Song), in New Challenges of Crisis Prevention: Addressing Global Economic Imbalances in the North and Boom-Bust Cycles in the South edited by Jan Joost Teunissen, FONDAD, 2001.

"A Post-Crisis Paradigm of Development for East Asia: Governance, Markets, and Institutions", a background study for the paradigm project of the ADBI, 2001.

"Reforming the International Financial System: Prospects for Regional Financial Cooperation in East Asia", (with Yunjong Wang), in Reforming the International financial System: Crisis Prevention and Response edited by Jan Joost Teunissen, FONDAD, 2000.

"On reforming the international financial system: an East Asian perspective," paper presented to the Annual Bank Conference on Development Economics in Europe “Governance of Equity and Global Markets,” organized by the French Council of Economic Analysis and the World Bank, June 21-23, 2000.

"Ideas on Reforming the International Financial System," in Reforming the international Monetary and Financial System edited by Peter B. Kenen and Alexander K. Swoboda, International Monetary Fund, 2000.

“Prospects of Regional Economic Cooperation in East Asia”, in Current Status and Future Prospects of Economic Cooperation in East Asia edited by Yung Chul Park and Nozoe Shinichi, Asiatic Research Institute, Korea University, 2000.

"The Financial Crisis in Korea: From Miracle to Meltdown?", in G-24: The Developing Countries in the International Financial System edited by Eduardo Mayobre, Lynne Rienner Publishers, 1999.

"The Banking Reform in Korea: Issues and Challenges," in Strengthening the Banking System in China: Issues and Experience, BIS Policy Papers, No. 7, BIS, 1999.

"Exchange Rate System and Capital Controls in East Asian Emerging Market Economies," in Exchange Rate Regimes in Emerging Market Economies co-edited with Yunjong Wang, Conference Proceedings, No. 99-01, KIEP, 1999.

"Exchange Rate Policies in Korea: Has Exchange Rate Volatility increased After the Crisis?", (with Chae Shick Chung and Yunjong Wang), KIEP Working Paper, No. 99-33, 1999.

"What Have We learned from the Korean Financial Crisis?", in The Asian Crisis: A New Agenda For Euro-Asian Cooperation edited by Jean-Claude Berthelemy and Tommy Koh, World Scientific Publishing, 1998.

"The Southeast Asian Currency Crisis and the Channels of Contagion," (with Chi-Young Song), in Financial Liberalization and Opening in East Asia: Issues and Policy Challenges, Korea Institute of Finance, 1998.

"The Financial Crisis in Korea and Its Lessons for Reform of the International Financial System", in Regulatory and Supervisory Challenges in a New Era of Global Finance edited by Jan Joost FONDAD, 1998.

“Managing foreign capital flows: the experiences of the Republic of Korea, Thailand, Malaysia and Indonesia”, in Capital Account Regimes and the Developing Countries edited by Gerald K. Helleiner, Palgrave Macmillan, 1998.

“Managing Foreign Capital Flows: The Experiences of Korea, Malaysia, Thailand, and Indonesia”, (with Chi-Young Song), in Financial Liberalization and Opening in East Asia: Issues and Policy Challenges, Korea Institute of Finance, 1998.

“Financial Integration in a Second Best World: Are We Still Sure About Our Classical Prejudices?”, (with Rudiger Dornbusch), in Financial Liberalization and Opening in East Asia: Issues and Policy Challenges, Korea Institute of Finance, 1998.

“Exports, Accumulation, and Growth in East Asia”, (with Jong-Wha Lee), in Financial Liberalization and Opening in East Asia: Issues and Policy Challenges, Korea Institute of Finance, 1998.

"Comments on Regionalism, Multilateralism, and Deeper Integration, by Robert Z. Lawrence," in Financial Liberalization and Opening in East Asia: Issues and Policy Challenges, Korea Institute of Finance, 1998.

"Strategies for Rapid Accumulation of Savings, Investment, and Human Capital", (with Jong-Wha Lee), a revised version of a paper presented to the IMF seminar on Macroeconomic Adjustment and Growth in Tokyo, Japan, May 1997.

"Capital Movements, Real Asset Speculation, and Macroeconomic Adjustment in Korea" (with Won-Am Park), in Capital Controls, Exchange Rate, and Monetary Policy in the Open Economy edited by Sebastian Edwards, Cambridge University Press, 1997.

"The Republic of Korea’s Experience with Managing Foreign Capital Flows", in The Tobin Tax:  Coping with Financial Volatility edited by Mahbub ul Haq, Inge Kaul, and Isabelle Grunberg, Oxford University Press, 1996.

"Global Macroeconomic Management and the Developing Countries", (with Sangmoon Hahm), in The International Monetary and Financial System: Developing-Country Perspectives edited by Gerry Helleiner, Palgrave Macmillan, 1996.

"US-Japan Relations and International Institutions After the Cold War:  A Korean Perspective," in United States-Japan Relations & International Institutions After the Cold War edited by Peter Gourevitch, Takashi Inoguchi, and Courtney Purrington, University of California-San Diego, 1995.

"Financial Integration in a Second Best World: Are We Still Sure About Our Classical Prejudices?" (With Rudiger Dornbusch), in Financial Opening: Policy Lessons for Korea (co-edited with Rudiger Dornbusch), Korea Institute of Finance and International Center for Economic Growth, 1995.

"Economic Cooperation and Integration in East Asia" (with Ki-Young Chung), in Towards an Asian Economic Area edited by Vadiraj Raghawendracharya Panchamukhi and Rehman Sobhan, MacMillan India, 1995.

"Korea: Development and Structural Change in the Financial System," in The Financial Development of Japan, Korea, and Taiwan: Growth, Repression, and Liberalization, (co-edited with Hugh T. Patrick), Oxford University Press, 1994.

"Korea: Development and Structural Change of the Banking System (with Dong Won Kim), in The Financial Development of Japan, Korea, and Taiwan: Growth, Repression, and Liberalization, (co-edited with Hugh T. Patrick), Oxford University Press, 1994.

"Financial Market Policies During Korea’s Post-War Development," in New Economic Partners: Dynamic Asian Economies and Central and Eastern European Countries, OECD, 1994.

"Concepts and Issues," in The Financial Development of Japan, Korea, and Taiwan: Growth, Repression, and Liberalization, (co-edited with Hugh T. Patrick), Oxford University Press, 1994.

"The role of Finance in Economic Development in South Korea and Taiwan," in Finance and Development:  Issues and Experiences edited by A. Giovannini, Center for Economic Policy Research (CEPR) and Cambridge University Press, 1993.

"South Korea: Democratization at Last", (with Sung-Joo Han), in Driven by Growth: Political Change in the Asia-Pacific Region edited by James William Morley, The East Asian Institute of Columbia University, Armonk, N.Y.: M. E. Sharpe, 1993.

"Capital Movement, Real Asset Speculation, and Macroeconomic Adjustment in South Korea," in Financial Opening:  Policy Lessons and Experiences in Developing Countries edited by Helmut Reisen and Bernard Fischer, OECD, 1993.

"The External Balance of Korea" (with Rudiger Dornbusch), in Structural Adjustment in a Newly Industrialized Country: The Korean Experiences edited by Vittorio Corbo and Sang-Mok Suh, The Johns Hopkins University Press, 1992.

“The Development of Financial Institutions and the Role of Government in Credit Allocation”, in Economic Development in the Republic of Korea: A Policy Perspective edited by Lee-Jay Cho and Yoon Hyung Kim, The East-West Center, 1991.

“Price Control and Stabilization Measures”, in Economic Development in the Republic of Korea: A Policy Perspective edited by Lee-Jay Cho and Yoon Hyung Kim, The East-West Center, 1991.

"Macroeconomic Management and Policies in East Asia," in The Pacific Economy: Growth and External Stability edited by Mohamed Ariff, Allen and Unwin, 1991.

"Lessons from Market Economies (Country Studies): South Korea," in The Transition to a Market Economy: The Broad issues edited by Paul Marer and Salvatore Zecchini, OECD, 1991.

"Financial Repression and Liberalization," in Liberalization in the process of economic development edited by Lawrence B. Krause and Kihwan Kim, University of California Press, 1991.

"Exchange Rate Policies of East Asian NICs" (with Won-Am Park), in Exchange Rate Policies in Developing and Socialist Countries edited by E. Classen, International Center for Economic Growth, 1991.

"Economic Liberalization: Experiences of South Korea and Taiwan," in Foreign Economic Liberalization:  Transformations in Socialist and Market Economies, edited by Andras Koves and Paul Marer, Westview Press, 1991.

"Changing Japanese Trade Patterns and the East Asian NICs", (with Won-Am Park), in US and Japan:  Trade and Investment in the 1990s edited by Paul Krugman, University of Chicago Press, 1991.

"Trade and Development in Pacific Asia," in One World or Several? edited by L. Emmerij, OECD Development Center, 1989.

"Structural Change and Development in Pacific Asia," Development Discussion Paper, No. 283, Harvard Institute for International Development, Harvard University, 1989.

"More Free Trade Areas?  A Korean Perspective", (with Jung Ho Yoo), in Free Trade Areas and U.S. Trade Policy edited by Jeffrey J. Shott, Institute for International Economics, 1989.

"Meeting World Challenges: US Manufacturing in the 1990s", (with Rudiger Dornbusch and Paul Krugman), Eastman Kodak Company, Communications and Public Affairs, 1989.

"Macroeconomic Developments and Prospects in pacific Asia," in World Imbalances: WIDER World Economy Group 1989 Report, the World Institute for Development of Economics Research of the United Nations University, 1989.

"Global Welfare Implications of the Emergence of Asian NICs," The Journal of Asiatic Studies, Vol. 31, No. 1, pp. 133-148, 1988.

"Economic Growth and External Balance Constraint: The Case of Korea," in The Open Economy edited by Rudiger Dornbusch and F. Leslie C. H. Helmers, The World Bank, 1988.

""Financial Liberalization and Prospects for Resource Mobilization in Korea," in Korea: the year 2000 edited by Han Sung Joo and Robert John Myers, University Press of America, 1987.

"Financing of Export-Oriented Growth in Korea" (with Wontack Hong), in Pacific Growth and Financial Interdependence edited by Augustine H. H. Tan and Basant Kapur, Allen and Unwin, 1986.

"Prospects of the Korean Economy as a Trading Nation," The Journal of Asiatic Studies, Vol. 28. No. 2, pp. 1-19, 1985.

"Korea’s Experience with External Debt Management," in International Debt and the Developing Countries edited by Gordon Whitford Smith and John T. Cuddington, The World Bank, 1985.

"Economic Stabilization and Liberalization in Korea, 1980-1984," proceedings of the seminar commemorating the 35th anniversary of the Bank of Korea, Monetary Policy in a Changing Financial Environment, The Bank of Korea, 1985.

“Recent Developments and the Short-term Prospects of the Korean Economy," paper prepared for the International Herald Tribune, July 1985.

"Inflation and Stabilization Policies in Korea, 1960-1980," paper presented to Conference on Inflation in East Asian Countries, Chung-Hua Institution for Economic Research, Taipei, Taiwan, May 1983.

"Export-led Growth and Industrial Transformation in Korea, 1970-1980," Discussion Paper, No. 7, Korea University Institute of Economic Development, 1983.

"Financial institutions and markets in South Korea", (with Sang-Woo Nam), in Financial Institutions and Markets in the Far East edited by Michael T. Skully, The Macmillan Press Ltd., 1982.

"Export-led Development: The Korean Experience, 1960-1978," in Export-led Industrialization and Development edited by Eddy Lee, Asian Employment Programme, ILO, 1981.

"Export Growth and Balance of Payments in Korea, 1960-1978," in Trade and Growth of the Advanced Developing Countries in the Pacific Basin: Papers and Proceedings of the Eleventh Pacific Trade and Development Conference, edited by Wontack Hong and Lawrence B. Krause, Korea Development Institute Press, 1981.

"A Study on the Savings Behavior in Korea, 1962-1973", (with Mahn Je Kim), in Planning Model and Macroeconomic Policy Issues edited by Chuk Kyo Kim, Korea Development Institute, 1977.

""The Unorganized Money Market in Korea," Domestic Finance Studies, Number 28, Public and Private Finance Division, Development Economics Department, IBRD, August 1976.

"The Effects of Indexation of Financial Contracts and Wages on Inflation in Developing Countries," The Journal of Asiatic Studies, Vol. 18, No. 2, pp. 189-213, 1975.