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Randall Jones

Randall Jones

Adjunct Lecturer

About

Dr. Jones received the Decoration of the Order of the Rising Sun from the Government of Japan in 2016 and the Sungnye Medal of the Order of Diplomatic Service Merit from the Government of Korea in 2018. Currently, Dr. Jones is a professional fellow at Columbia University’s Center on Japanese Economy and Business, a non-resident distinguished fellow at the Korea Economic Institute and an adjunct lecturer at the Johns Hopkins School of Advanced International Studies. Previously, he was a visiting scholar at Columbia University in 2019-20. Dr. Jones served as the Senior Counsellor for East Asia and as Head of the Japan/Korea Desk at the Organization for Economic Cooperation and Development (OECD) in Paris from 2002 until 2019. During his 30 years at the OECD, Dr. Jones wrote all 16 OECD Economic Surveys of Korea and 15 OECD Economic Surveys of Japan, in addition to a number of other publications. Before joining the OECD in 1989, he spent three years in the US government, serving at the Council of Economic Advisers in the Executive Office of the President (1984-85), and as an advisor in the US State Department (1987-89). Dr. Jones was also the vice-president of the Japan Economic Institute in Washington (1985-87). Dr. Jones received a B.A. in Economics from Brigham Young University and a PhD in Economics from the University of Michigan in 1984. He lived in Korea from 1974 to 1976 and in Japan during 1982-83.      
OECD ECONOMIC SURVEYS:                
  • Sixteen OECD Economic Surveys of Korea (1994, 1996, 1998, 1999, 2000, 2001, 2003, 2004, 2005, 2007, 2008, 2010, 2012, 2014, 2016, 2018)
  • Fourteen OECD Economic Surveys of Japan (1994, 1995, 1996, 1997, 2003, 2005, 2006, 2008, 2009, 2011, 2013, 2015, 2017, 2019)
  • Two OECD Economic Surveys of Ireland (1995, 1997)
  • One OECD Economic Survey of the Slovak Republic (2002)
  • Strengthening Social Cohesion in Korea (2013)
OTHER PUBLICATIONS:
  • The Japanese Economy: Strategies to Cope with a Shrinking and Ageing Population (2022), Routledge Press.
  • “Policies to increase youth employment in Korea", OECD Economics Department Working Paper, forthcoming, Paris, 2022.
  • “A Unified Korean Peninsula Economy: Benefits for both Sides of the 38th Parallel” in The Future of the Korean Peninsula: Korea 2032 and Beyond, edited by M. Richey, J. Panda and D. Tizzard (2021), Routledge Press. 
  • “Labour Market Reform in Japan to Cope with a Shrinking and Ageing Population”, OECD Economics Department Working Paper No. 1568, 2019 (with Haruki Seitani), Paris.
  • “Meeting Fiscal Challenges in a Rapidly Ageing Society”, OECD Economics Department Working Paper No. 1569, 2019 (with Haruki Seitani), Paris.
  • “Korea’s Economic Growth Prospects under the Income-led Strategy”, Korea’s Economy 2019, Korea Economic Institute, Washington, D.C.
  • “Enhancing Dynamism in SMEs and Entrepreneurship in Korea”, OECD Economics Department Working Paper No. 1510, 2018 (with Jaewan Lee), Paris.
  • “Reforming the Large Business Groups to Promote Productivity and Inclusion in Korea”, OECD Economics Department Working Paper No. 1509, 2018, Paris.
  • “Boosting Productivity for Inclusive Growth in Japan”, OECD Economics Department Working Paper No. 1414, 2017 (with Yosuke Jin), Paris.
  • “Ensuring Fiscal Sustainability in Japan in the Context of a Shrinking and Ageing Population”, OECD Economics Department Working Paper No. 1413, 2017 (with Kohei Fukawa), Paris.
  • “Korea's Economy: Finding a New Momentum”, OECD Economic Observer, October 2016, Korea 20th Anniversary Edition.
  • “Labour Market Reforms in Korea to Promote Inclusive Growth”, OECD Economics Department Working Paper No. 1325, 2016 (with Kohei Fukawa), Paris.
  • “Has Abenomics Been Successful?”, The Cipher Brief, 19 June 2016, www.thecipherbrief.com/experts/randall-jones.
  • “Raising Korea’s Productivity through Innovation and Structural Reform”, OECD Economics Department Working Paper No. 1324, 2016 (with Jaewan Lee), Paris.
  • “Spurring the Development of Venture Capital in Korea”, Korea’s Economy 2016, Korea Economic Institute, 2016, Washington, DC.
  • “Achieving Fiscal Consolidation while Promoting Social Cohesion in Japan”, OECD Economics Department Working Paper No. 1262, 2015 (with Kohei Fukawa), Paris.
  • “Revitalizing Japan Requires All Three Arrows of Abenomics”, Economics Asia, Bloomberg Brief, 30 April 2015.
  • “Enhancing Dynamism and Innovation in Japan's Business Sector”, OECD Economics Department Working Paper No. 1261, 2015 (with Myungkyoo Kim), Paris.
  • “Addressing High Household Debt in Korea”, OECD Economics Department Working Paper No. 1164, 2014 (with Myungkyoo Kim), Paris.
  • “Reducing the High Rate of Poverty among the Elderly in Korea”, OECD Economics Department Working Paper No. 1163, 2014 (with Satoshi Urasawa), Paris.
  • “Japan: Making the Comeback Last”, OECD Economic Observer, April 2014, Japan 50th Anniversary Special Edition.
  • “Promoting the Financing of SMEs and Start-ups in Korea”, OECD Economics Department Working Paper No. 1162, 2014 (with Myungkyoo Kim), Paris.
  • “OECD Economic Survey of Korea”, Economics Asia, Bloomberg Brief, 19 June 2014.
  • “Reducing Income Inequality and Poverty and Promoting Social Mobility in Korea”, OECD Economics Department Working Paper No. 1153, 2014 (with Satoshi Urasawa), 2014, Paris.
  • “Fostering a Creative Economy to Drive Korean Growth”, OECD Economics Department Working Paper No. 1152, 2014, Paris.
  • “Restructuring the Electricity Sector and Promoting Green Growth in Japan”, OECD Economics Department Working Paper No. 1069, 2013 (with Myungkyoo Kim), Paris.
  • “Labour Market Policies to Promote Growth and Social Cohesion in Korea”, OECD Economics Department Working Paper No. 1068, 2013 (with Satoshi Urasawa), Paris.
  • “Education Reform in Korea", OECD Economics Department Working Paper No. 1067, 2013, Paris.
  • “An OECD Assessment of ‘Abenomics’”, Japan Spotlight, October 2013.
  • “Reforming Agriculture and Promoting Japan's Integration in the World Economy", OECD Economics Department Working Paper No. 1053, 2013 (with Shingo Kimura), Paris.
  • “Restoring Japan's Fiscal Sustainability”, OECD Economics Department Working Paper No. 1050, 2013 (with Satoshi Urasawa), Paris.
  • “Sustaining Korea's Convergence to the Highest-Income Countries”, OECD Economics Department Working Paper No. 965, 2012 (with Satoshi Urasawa), Paris.
  • “Achieving the 'Low Carbon, Green Growth' Vision in Korea”, OECD Economics Department Working Paper No. 964, 2012 (with Byungseo Yoo), Paris.
  • “Developing a New Growth Model for Korea”, Korea’s Economy 2012, Korea Economic Institute, 2012, Washington, DC.
  • “Promoting Social Cohesion in Korea”, OECD Economics Department Working Paper No. 963, 2012 (with Satoshi Urasawa), Paris.
  • “Japan’s New Growth Strategy to Create Demand and Jobs”, OECD Economics Department Working Paper No. 890, 2011 (with Byungseo Yoo), Paris.
  • “Labour Market Reforms in Japan to Improve Growth and Equity”, OECD Economics Department Working Paper No. 889, 2011 (with Satoshi Urasawa), Paris.
  • “Education Reform in Japan”, OECD Economics Department Working Paper No. 888, 2011, Paris.
  • “Korea’s Green Growth Strategy: Mitigating Climate Change and Developing New Growth Engines”, OECD Economics Department Working Paper No. 798, 2010 (with Byungseo Yoo), Paris.
  • “Health-care Reform in Korea”, OECD Economics Department Working Paper No. 797, 2010, Paris.
  • “The Korean Financial System: Overcoming the Global Financial Crisis and Addressing Remaining Problems”, OECD Economics Department Working Paper No. 796 (with Masahiko Tsutsumi and Thomas F. Cargill), 2010, Paris.    
  • “Improving the Policy Framework in Japan to Address Climate Change”, OECD Economics Department Working Paper No. 740, 2009 (with Byungseo Yoo), Paris.
  • “Health-care Reform in Japan: Controlling Costs, Improving Quality and Ensuring Equity”, OECD Economics Department Working Paper No. 739, 2009, Paris.       
  • “Tax Reform in Korea”, Korea’s Economy 2009, Korea Economic Institute, 2009, Washington, DC.
  • “Financial Stability: Overcoming the Crisis and Improving the Efficiency of the Banking Sector in Japan”, OECD Economics Department Working Paper No. 738 (with Masahiko Tsutsumi), 2009, Paris.          
  • “Boosting Productivity in Korea’s Service Sector”, OECD Economics Department Working Paper No. 673, 2009, Paris.
  • “Sustaining Growth in Korea by Reforming the Labour Market and Improving the Education System”, OECD Economics Department Working Paper No. 672 (with Masahiko Tsutsumi), 2009, Paris.
  • “Reforming the Tax System in Korea to Promote Economic Growth and Cope with Rapid Population Ageing”, OECD Economics Department Working Paper No. 671, 2009, Paris.
  • “Reforming the Labour Market in Japan to Cope with Increasing Dualism and Population Ageing”, OECD Economics Department Working Paper No. 652, 2008, Paris.       
  • “Regulatory Reform in Korea”, in A New National Strategy for Korea, 2008, Korea Herald.
  • “Enhancing the Productivity of the Service Sector in Japan”, OECD Economics Department Working Paper No. 651 (with Taesik Yoon), 2008, Paris.                                              
  • “Reforming the Tax System in Japan to Promote Fiscal Sustainability and Economic Growth”, OECD Economics Department Working Paper No. 650 (with Masahiko Tsutsumi), 2008, Paris.
  • “Public Social Spending in Korea in the Context of Rapid Population Ageing”, OECD Economics Department Working Paper No. 615 (with Taesik Yoon), 2008, Paris.                           
  • “Creating a Knowledge-based Economy in Korea”, in A New National Strategy for Korea, 2008, Korea Herald.
  • “Enhancing the Globalisation of Korea”, OECD Economics Department Working Paper No. 614 (with Taesik Yoon), 2008, Paris.     
  • “Reforming Housing and Regional Policies in Korea”, OECD Economics Department Working Paper No. 613 (with Tadashi Yokoyama), 2008, Paris.                 
  • “Sustaining Rapid Growth in Korea through Innovation”, Korea’s Economy 2007, Korea Economic Institute, 2007, Washington, DC. 
  • “R&D Key to Sustaining Rapid Growth in Korea” in Insight into Korea, 2007, Korea Herald.
  • “Strengthening the Integration of Japan in the World Economy to Benefit More Fully from Globalization” in Japan in the New Millennium, 2007, ICFAI University Press (with Taesik Yoon).
  • “Income Inequality, Poverty and Social Spending in Japan”, OECD Economics Department Working Paper No. 556, 2007, Paris.
  • “Upgrading Japan’s Innovation System to Sustain Economic Growth”, OECD Economics Department Working Paper No. 527 (with Tadashi Yokoyama), 2005, Paris.            
  • “Reforming the Pension System in Korea”, Korea’s Economy 2006, Korea Economic Institute, 2006, Washington, DC.      
  • “Sustaining High Growth through Innovation: Reforming the R&D and Education Systems in Korea”, OECD Working Paper No. 470 (with Yongchun Baek), 2005, Paris.
  • “Japan’s Economy: Firming Up?” OECD Economic Observer, January 2005, No. 246-247.
  • “The Labour Market in Korea: Enhancing Flexibility and Raising Participation” OECD Working Paper No. 469, 2005, Paris.
  • “Getting the Most Out of Public-sector Decentralisation in Korea”, OECD Working Paper No. 468 (with Tadashi Yokoyama), 2005, Paris.
  • “Product Market Competition and Economic Performance in Korea”, OECD Economics Department Working Paper No. 399, 2004 (with Yongchun Baek and Michael Wise), Paris.
  • “Reforming the Public Expenditure System in Korea”, OECD Economics Department Working Paper No. 377, 2003 (with Young-Sook Nam), Paris.                   
  • “Economic Restructuring and Institutional Changes in Korea in the Wake of the 1997 crisis”, in Economic Reform and the Future Agenda: Four Years after Korea’s Economic Crisis, Korea Development Institute and Ministry of Finance and Economy, Seoul.
  • “Financial Sector Restructuring and Regulatory Reform: Progress and Remaining Challenges” in Shaping up for Globalization, Ministry of Foreign Affairs and Trade and Korea Institute for International Economic Policy, 2001, Seoul.
  • “Economic Integration Between Hong Kong, Taiwan and the Coastal Provinces of China”, OECD Economic Studies, No. 20, Spring 1993, Paris.
  • “Developments in Trade Between the OECD and the Dynamic Asian Economies”, in Economic Integration of OECD Economies, DAEs and Central and Eastern European Countries, OECD, 1993, Paris.
  • “The Chinese Economic Area: Economic Integration Without a Free Trade Agreement”, OECD Working Paper No. 124, 1992 (with Robert King and Michael Klein), Paris.
  • “Japanese Direct Investment in the United States”, Asian Affairs: An American Review, Fall 1991, Washington, DC.
  • “The Japanese Educational System”, OECD Bulletin, April 1991, Paris.
  • “Japan’s Expanding Role in World Financial Markets”, The Columbia Journal of World Business, Fall 1989, New York.
  • “The Political Economy of Japan’s Agricultural Policies”, The World Economy, March 1989, London.
  • Foreign Direct Investment: Net Economic Benefits and Political Risks, Drexel Burnham Lambert, 1989 (with Sidney Jones), New York.
  • “The Economic Implications of Japan’s Aging Population”, Asian Survey, September 1988, Berkeley.
  • “East Asia: A Growing Center of World Economic Power”, in East Asia: Challenges for U.S. Economic and Security Interests in the 1990s, US Congress: House Ways and Means Committee, 1988, Washington.
  • “Economic Implications of Japan’s Aging Population”, in Japan, Exploring New Paths, Japan Economic Institute, 1988, Washington.
  • “The Japanese Distribution System”, ACCJ Journal, American Chamber of Commerce in Japan, December 1987, Tokyo.
  • “The U.S.-Japan Economic Problem”, Economic Outlook USA, Summer 1987, Ann Arbor. 
  • “Japan’s Role in World Financial Markets”, ACCJ Journal, American Chamber of Commerce in Japan, February 1987, Tokyo.
  • “Fiscal Policy and the Trade Deficit”, ACCJ Journal, American Chamber of Commerce in Japan, November 1985, Tokyo.      

Download Curriculum Vitae (PDF)

Expertise

Regions

  • South Korea
  • North Korea
  • Japan

Topics

  • International Economics and Finance
  • Economic Development

Languages

  • French
  • Korean
  • Japanese