Day 1: Wednesday, 2 September
| Time | Item |
|---|---|
| 8:30 AM – 9:30 AM | Registration and Coffee |
| 9:30 AM – 9:50 AM |
High-Level Opening of the Conference
|
| Session 1 – The economic challenges of an ageing and shrinking population | |
| 9:50 AM – 10:25 AM |
“The Root Cause of Japan’s 30-year Stagnation: Implications for China, the U.S., and Other Mature
Economies”
|
| 10:25 AM – 10:50 AM |
“Impact of Super-Aging on the Monetary Policy Environment: Implications for Korea”
|
| 10:50 AM – 11:15 AM |
“Spatial Inequalities and Demographic Decline in Korea: Implications for Growth and Cohesion”
|
| 11:15 AM – 11:35 AM | Coffee Break |
| 11:35 AM – 12:35 PM |
|
| 12:35 PM – 2:00 PM | Lunch Break |
| Session 2 – Causes and implications of ultra-low fertility | |
| 2:00 PM – 2:35 PM |
"The Motherhood Effect and Ultra-Low Fertility: Causes, Consequences, and Policy Implications"
|
| 2:35 PM – 3:00 PM |
"Status Concerns, Intensive Parenting, and Low Fertility in Korea"
|
| 3:00 PM – 3:25 PM |
“The Growth and Fiscal Cost of Late Aging: Demographic Drag and Compressed Fiscal Adjustment”
|
| 3:25 PM – 3:40 PM | Coffee Break |
| 3:40 PM – 4:40 PM |
|
| 4:40 PM – 4:45 PM |
|
Day 2: Thursday, 3 September
| Time | Item |
|---|---|
| 8:30 AM – 9:30 AM | Registration and Coffee |
| 9:30 AM – 9:40 AM |
Opening of the Conference Day 2
|
| Session 3 – Population Ageing and Technological Progress | |
| 9:40 AM – 10:15 AM |
Demographic Change, Economic Growth, and Technological Adaptation
|
| 10:15 AM – 10:40 AM |
"A Boost from AI in Ageing Societies? Early Insights"
|
| 10:40 AM – 11:05 AM |
"The Rise of Artificial Intelligence and Labor-Market Imbalances Resulting from Population Change in Korea."
|
| 11:05 AM – 11:25 AM | Coffee Break |
| 11:25 AM – 12:25 PM |
|
| 12:25 PM – 1:50 PM | Lunch Break |
| Session 4 – Opportunity of an Ageing Society | |
| 1:50 PM – 2:25 PM |
“Declining Fertility, GDP growth and Directed Technical Change.”
|
| 2:25 PM – 2:50 PM |
“A Development Strategy for the Advanced Biohealth Industry”
|
| 2:50 PM – 3:05 PM | Coffee Break |
| 3:05 PM – 4:05 PM |
Policy Panel: Bold Policy Innovation for Prosperity in an Ageing and Shrinking
Korea
|
| 4:05 PM – 4:15 PM |
Closing of the Conference
|
Hyun Song Shin currently serves as the Governor of the Bank of Korea (BOK) and the Chairman of its Monetary Policy Board. He is widely recognized for his extensive expertise in economics, public policy, and finance, having worked in academia, international institutions, and government. Before joining the BOK, he held several prominent roles at the Bank for International Settlements (BIS). He served as Head of the Monetary and Economic Department from 2025 to 2026 and Head of the Research Department from 2014 to 2025, while serving as BIS Economic Adviser (2014-2026). In Korea, he served as Senior Adviser to the Korean president in 2010, while on leave from Princeton, playing a leading role in formulating financial stability policy and shaping the agenda during Korea’s G20 presidency. Academically, from 2006 to 2014, he was the Hughes-Rogers Professor of Economics at Princeton University. Prior to Princeton, he was Professor of Finance at the London School of Economics (2000-2006), having returned to the University of Oxford as a University Lecturer (1996-2000). Before that, he briefly served as Professor of Economics at the University of Southampton (1994-1996). He began his academic career as a Tutorial Fellow at University College, Oxford. He earned his DPhill (1988) and MPhill (1987) in Economics from Nuffield College, Oxford, and a BA in Philosophy, Politics and Economics, also from Magdalen College, Oxford, in 1985.
Åsa Johansson is currently Director of the Policy and Research Branch of the Economics Department of the OECD. She also served as Deputy Director of the Statistics and Data Directorate of the OECD. Previously she was the Head of the Structural Policies Surveillance Division at the OECD Economics Department where she headed policy research on structural policies including overseeing the work on the OECD flagship publication Going for Growth. Earlier in her career she was the Head of a Country Studies Division in the Economics Department overseeing the work on country review reports. At the OECD she has led research on a range of topics including Environmental Policies, Economic Implications of Multinational Tax Planning, Taxation and Economic Growth, Public Finance, Intergenerational Social Mobility, Structural Policies in Housing Markets, Long-Term Growth scenarios, Long-Term Trade and Specialisation Patterns. She has published in academic and policy-oriented journals on a wide range of topics.
Fumio Hayashi is Professor Emeritus at the National Graduate Institute for Policy Studies (GRIPS) in Tokyo and one of Japan's leading economists in the fields of macroeconomics and applied econometrics. He received his Ph.D. in Economics from Harvard University in 1980 and has held academic positions at the University of Tokyo, Hitotsubashi University, the University of Pennsylvania, Columbia University, and the University of Chicago. Professor Hayashi is widely known for his influential research on consumption, investment, saving behavior, and the Japanese economy, as well as for his graduate textbook Econometrics, which is used extensively in economics programs worldwide. He is a Fellow of the Econometric Society and a Foreign Honorary Member of both the American Academy of Arts and Sciences and the American Economic Association
Dr. Hwang is Head of the Financial & Monetary Economic Studies Team at the Bank of Korea’s Economic Research Institute (ERI). He has worked at the Bank of Korea since 2003, conducting research in the Research Department and the Monetary Policy Department. Before joining the ERI, he served as a Senior Economist advising the Governor. His research interests include monetary policy and its association with structural issues such as population aging, as well as household portfolio choice and trust. He has published in journals including the Journal of International Money and Finance, International Review of Economics & Finance, and Journal of Behavioral and Experimental Economics. He currently serves on the Editorial Board of Economic Analysis. Dr. Hwang received his Ph.D. and B.A. in Economics from the University of Illinois at Urbana-Champaign and Sungkyunkwan University, respectively.
Volker Ziemann has been an economist in the OECD’s Economics Department since 2011. He currently works on the Korea and Sweden country desk and has previously served in the Public Economics Division and on the Austria, Slovakia, Slovenia, Türkiye and Ukraine desks. He has co-authored numerous OECD Economic Surveys for those countries. Before joining the OECD, Volker was an economist at the French Treasury and a research engineer at EDHEC Business School. His research has been widely published in internationally recognised scientific journals, and he has also taught graduate-level financial econometrics at EDHEC. A German national, Volker holds master’s degrees in economics from Humboldt University in Berlin, Germany, and ENSAE in Paris, France, as well as a Ph.D. in Finance from Aix-Marseille University, France.
Taehyoung Cho, who holds a Ph.D. in Economics from Chung-Ang University, Seoul, Korea, is currently Principal Professor of Office of Economic Education at the Bank of Korea. Since beginning his career at the Bank in 1995, after graduation from Seoul National University, Dr. Cho has worked in the areas of the Korean economy, the international commodity markets, global economic issues, producers’ prices, national accounts statistics, capital measurement and productivity analysis, North Korean economic studies, etc. At present, he is doing research, above all, on decomposing Korea’s past economic growth, forecasting its long future growth, and drawing key strategies to maintain its growth potential. He has a priority interest in reviving the economy under the declining and aging population, and reallocating industries and investment domestically and globally under the new demographics. Economic impacts of and policy responses to climate changes are also within his research agenda.
Matthias Schief is a Economist in the Structural Policy Research Division of the OECD Economics Department. He joined the OECD in 2023 after earning a PhD in Economics from Brown University. His work focuses on population ageing, productivity, and artificial intelligence. Beyond his role at the OECD, Matthias’s research examines the measurement and drivers of economic inequality, as well as broader topics in macroeconomics and political economy.
Jisoo Hwang is an Associate Professor of Economics at Seoul National University. Her research fields are labor and family economics, with a focus on low fertility, gender gaps in labor markets, and how policies and life events shape individuals’ careers, family formation, and health. Her work has been published in leading journals such as the Review of Economics and Statistics, Journal of Human Resources, and Demography. In 2026, she was appointed by the French Presidency to the G7 Gender Equality Advisory Council, a high-level expert group advising the G7 on gender equality policy. She also currently serves on the Executive Committee of the Asian and Australasian Society of Labour Economics (AASLE). She received her Ph.D. in Economics from Harvard University in 2013, and her B.A. in Economics from Seoul National University in 2008.
Dr. Minchul Yum is an Associate Professor, Dean's Distinguished Fellow, and a CEPR (Center for Economic and Policy Research) Research Affiliate (Macroeconomics and Growth). Before joining VCU in August 2024, he was an Assistant Professor at the University of Mannheim (Germany) from 2015 to 2022, and an Associate Professor at the University of Southampton (United Kingdom) from 2023 to 2024. He earned his Ph.D. in Economics from the Ohio State University in 2015.
His recent research has appeared in leading economics journals, including the American Economic Review and Econometrica, has been cited by major media outlets such as The Economist (U.K.), The Telegraph (U.K.), Nikkei (Japan), and The New York Times (U.S.). He has received several awards in recognition of his work, including the Young Scholar Award from the Korea-America Economic Association and the Korean Economy Research Prize from the Korean Economic Association.
Selahattin Imrohoroglu is a macroeconomist who studies taxes, savings, and social security. His research has been published in the American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, International Economic Review, Review of Economic Dynamics, Journal of Economic Dynamics and Control, Journal of Money, Credit, and Banking, and Economic Inquiry. He is Associate Editor of the Journal of Economic Dynamics and Control and a member of the American Economic Association, Econometric Society, and the Society for Economic Dynamics.
Filiz Unsal is Deputy Director of the Policy and Research Branch in the Economics Department of the OECD, which produces analysis on a wide range of macroeconomic and structural policy issues and coordinates major flagship publications such as the Economic Outlook and Going for Growth. Earlier in her OECD career, she was the Head of the Structural Policy and Research Division, overseeing work on productivity, investment, artificial intelligence, demographics, and climate adaptation and modelling.
Prior to joining the OECD, she worked at the International Monetary Fund, where she led various key policy and research initiatives as well as country missions. She holds a Ph.D. in Economics and an MSc in Economics and Finance from the University of York (UK). Her research, focusing on macroeconomics and international trade and finance, has been widely published and has informed policymaking across advanced and emerging economies.
Kwanho Shin is a Professor of Economics at Korea University and a CESifo Research Fellow of University of Munich. He received his B.A. and M.A. in economics from Seoul National University and his Ph.D. in economics from UCLA. He served as an Assistant Professor at the University of Kansas for four years and has occasionally taught as a visiting professor at UCLA, Claremont Graduate University and Claremont McKenna College. He was elected as "One of the Fifty Future Leaders in Korea” by the Seoul Economic Daily in 2010, named as a “MaeKyung Economist” by the Maeil Business Newspaper in 2011 and awarded a “Dasan Economist Prize” by The Korean Economic Daily in 2020. He also served as a council member for the National Economic Advisory Council from 2010 to 2011 and from 2022 to 2024. His publications on business cycles, growth, monetary economics, finance, international finance, and labor economics have appeared in leading academic journals, including American Economic Review, Journal of Monetary Economics, Journal of Econometrics, Journal of Money, Credit and Banking, Journal of International Economics, Journal of International Money and Finance, Journal of Banking and Finance, and Journal of Labor Economics.
Chulhee Lee is professor of economics at Seoul National University. After receiving his doctoral degree from University of Chicago in 1996, he taught at SUNY Binghamton before he returned to Seoul in 1998. Lee published four monographs entitled
Andrew J. Scott CBE is Professor of Economics at London Business School and Principal Scientist (Economics) at the Ellison Institute of Technology. He is also a Research Fellow at the Centre for Economic Policy Research and a co-founder of The Longevity Forum. He holds a PhD from Oxford University and previously held positions at Oxford University, Harvard University, and the London School of Economics. His research focuses on the economics of longevity and ageing and is published in a wide range of leading academic journals. He is the author of The Longevity Imperative (2024) and the global best seller The Hundred Year Life (2016), both runner-ups in the FT Business Book of the Year Award. Scott has advised a range of corporations, governments and international organizations and his work is regularly featured in the media.
Eseul Choi is an Economist in the Micro and Institutional Economic Studies Team at the Economic Research Institute of the Bank of Korea. Her research focuses on climate change and innovation, examining how individuals and firms respond to environmental, technological, and institutional change. Her research includes the carbon premium in the stock market, disparities in adaptation to extreme heat, the trade-offs between climate change adaptation and water pollution, firm-level innovation for the green transition, and the impact of R&D subsidies on bank lending. She holds a BA in Economics from Seoul National University and a PhD in Economics from Iowa State University.
David Canning is a Professor of Economics and International Health at the Harvard T.H. Chan School of
Public Health.
His research has focused on the role of improvements in health and changes in demography on economic
growth. He works on the intersection of demography, epidemiology, and economics, studying both the
mechanisms behind demographic change and health improvements, and their effects on economic performance.
He has worked both at the macroeconomic level, looking at the role of the demographic dividend in
economic growth and at the microeconomic level using randomized controlled trials to study the long term
economic effects of health interventions.
David has previously held positions at the London School of Economics, Cambridge University, Columbia
University, and Queen’s University Belfast. He has been an advisor to the World Health Organization, the
World Bank, and the Asian Development Bank.
Dr. Nah is Director General of the Economic Research Institute (ERI) at the Bank of Korea. He has been
with the Bank of Korea since 1996, serving in a wide range of research and policy positions, including
Director of the Office of Sustainable Growth, Head of the Macroeconomics Team at the Economic Research
Institute, Head of the Inflation Research Team and the Economic Modelling Team in the Research
Department, and Representative of the Bank of Korea's Washington, D.C. Office.
His research focuses on macroeconomics, monetary policy, business cycles, inflation, and financial
frictions. He has published in academic journals including the Japan and the World Economy, the
International Journal of Economics and Finance, and the Journal of Finance and Knowledge
Studies.
Dr. Nah received his Ph.D. in Economics from The Ohio State University and his B.A. in Business
Administration from Seoul National University.
Dr. Lim is Deputy Director General of the Economic Research Institute (ERI) at the Bank of Korea. He has
been with the Bank of Korea since 1999, serving in a wide range of research and policy positions across
the Economic Research Institute, Financial Stability Department, Office of International Affairs,
Institute for Monetary and Economic Research. He has also held several external appointments, including
Director of the Department of Bank Risk Management at the Korea Deposit Insurance Corporation, Central
Bank Research Fellow at the Bank for International Settlements (BIS), and Economist and Trade Policy
Counsellor at Korea's Ministry of Foreign Affairs and Trade.
His research interests include financial stability, banking, monetary policy, international finance, and
international trade. He has published in leading academic journals, including Economics Letters, The
European Journal of Finance, Journal of Futures Markets, and Emerging Markets Finance and Trade. He
currently serves on the Editorial Board of Economic Analysis.
Dr. Lim received his Ph.D. in Economics from the University of Leicester, an M.Sc. in Economics from the
University of York, and both his M.A. and B.A. in Economics from Yonsei University.
Young-Seok Shin is President of the Korea Institute for Health and Social Affairs (KIHASA). He previously served as a Research Professor at the Graduate School of Public Health, Korea University.
He has held a number of policy advisory positions, including Vice Chairman of the Health Insurance Policy Advisory Committee, Vice Chairman of the Central Medical Care Assistance Committee, President of the Korean Academy of Health Policy and Management, and a member of the Evaluation Committee of the Health Insurance Review and Assessment Service. He currently serves as a member of the National Pension Fund Operation Committee and Co-Chairman of the Working Committee of the Social Security Committee.
He earned his Ph.D. in Economics from Northern Illinois University. His principal research areas include national health insurance fee schedules and reimbursement systems, healthcare workforce supply-and-demand policy, and healthcare quality and patient safety.