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Fulbright New Century Scholars Program
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Sunwoong Kim

Kim, Sunwoong

  • Professor
  • University of Wisconsin-Milwaukee
  • Department of Economics
  • United States
Biography
Sunwoong Kim is Professor of Economics and the Chair of the Department of Economics at the University of Wisconsin - Milwaukee. He also taught at Bryn Mawr College, University of Pennsylvania, Justus-Liebig University of Giessen (Germany), Ajou University (Korea), and KDI School of Public Policy and Management (Korea).

Originally from Korea, he obtained Ph.D. in Economics and Urban Planning from MIT in 1985. He is a specialist in applied micro economics. His current research interests include economics of education, urban and real estate economics, and labor economic. Currently he works on several policy issues on Korean labor and education.

He has published articles in well known professional journals including American Economic Review, Journal of Political Economy, The Review of Economics and Statistics, Journal of Urban Economics, Journal of Regional Science, Regional Science and Urban Economics, Journal of Housing Economics, Journal of Housing Research, and Social Science Quarterly. Currently he is the Co-Editor of International Economics Journal.

Selected Publications

  • Kim, S. and Ju-Ho Lee, "Changing Facets of Higher Education in Korea: Market Competition and the Role of the State," 2005, Higher Education, forthcoming
  • Kim, S., "Accountability and Governance in the U.S. Public School System in the U.S.," KEDI Journal of Education Policy, vol. 1, no. 1, pp. 61-83, 2004.
  • Lee, Ju-Ho, S. Kim, and Seung-Bo Kim, "Ranking and Competition among Korean Colleges and Universities," Economic Studies [Kyungjehak Yeonku], vol 51, no. 2, pp. 5-36. (in Korean)

 

Abstract
South Korea has experienced a spectacular expansion of higher education during the last five decades. In 1950, the number of students enrolled in higher education institutions was only 11,358. In 2002, the number is more than 3.5 million, and the current enrollment rate for higher education exceeds 80%. Such a large-scale expansion of the higher education system inevitably brings about challenges to the society. In particular, there has been a growing tension between elitism and mass access to higher education and the proper role of the government.

Elitism in higher education puts excellence as the most important objective in the higher education system. A large amount of resources are devoted to a small number of beneficiaries, and consequently the quality of education for each student in the system is generally high. In the case of elitist public higher education system, the students are subsidized by the government. When the elitist higher education system is mostly financed privately, the cost to the student has to be high, and the high costs of attending elite universities certainly restrict the access for a large segment of the society. In an elitist system, a well-established hierarchy of universities will emerge naturally, and the coveted slots for prestigious universities are typically allocated by a competitive admission process. As the level of the preparation for the admission process can vary widely across socio-economic class of the students, such system is bound to be less accessible to underprivileged groups. On the other hand, the policy objective of accessibility puts the highest priority on equal access to higher education by all social classes. As the financial resources are the largest impediment to most high school graduates who seek higher education, the increased accessibility requires more public subsidy in order to reduce the out-of-pocket cost by students. However, as the cost of quality higher education is high, no country in the world has successfully provided quality higher education to everybody who wants to go to college. Given the fiscal constraint, the most common compromise is to sacrifice the quality of education and individual attention to the students.

The research proposal intends to research this tension in depth from political, economic, and social perspectives. In particular, it will study the political economy of the public policy choice in detail. The research will include both positive and normative dimensions. The positive dimensions of the research will cover why certain policies have been adopted and examine the unintended consequences of the adopted policies. The normative dimensions of the study explore the dynamic as well as static trade-offs of the policy choice in the Korean economy and society, and try to find the most desirable public policy option in various stages of the development. While education policy is one of the most important issues in Korea, there has been relatively little attempt to gain a comparative perspective by actively engaging with experts from other countries in Korea. The NCS program will also provide opportunities for international scholars to understand the Korea's past policy choices and to contribute the formation of future polices.

 

 
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