Richard C. Koo is the Chief
Economist of Nomura Research Institute with responsibilities to provide
independent economic and market analysis to Nomura Securities, the leading
securities house in Japan,
and its clients. Consistently voted as one of the most reliable
economists by Japanese capital and financial market participants for nearly a
decade, he has also advised successive prime ministers on how best to deal with
Japan's
economic and banking problems. He is also the only non-Japanese member of
the Defense Strategy Study Conference of the Japan Ministry of Defense. Prior to joining Nomura, he was an economist
with the Federal Reserve Bank of New
York, and was a Doctoral Fellow of the Board of
Governors of the Federal Reserve System. Author of many books and a former
visiting professor of Waseda University over 10 years, he was awarded the
Abramson Award by the National Association of Business Economics, Washington,
D.C. for 2001. His latest book “The Holy
Grail of Macroeconomics - Lessons from
Japan’s Great Recession” (John Wiley & Sons, 2008) has been translated into
and sold in four different languages.