Director at Korea University
Lee Jong-wha, professor of Economics and director of the Asiatic Research Institute at Korea University, was a senior adviser for international economic affairs to former President Lee Myung-bak of South Korea.
Asian countries have been watching the Greek crisis unfold with a mixture of envy and schadenfreude. When they experienced their own financial crisis in 1997, they received far less aid, with far harsher conditions. But their recovery was also stronger, suggesting that ever-growing bailouts may not be the best prescription for recovery.