Former Prime Minister Nam Duck-woo dies at 89
SEOUL, May 19 (Yonhap) -- Nam Duck-woo, a former prime minister and finance minister who led the country's rapid economic development in the 1970s, died of complications from testicular cancer at a Seoul hospital late Saturday, his family said. He was 89.
Nam had been battling testicular cancer for the past few years and his condition had worsened with age, his family added.
Nam, who earned a doctorate in economics at Oklahoma State University, was appointed finance minister by President Park Chung-hee in 1969 and served in the role until 1974. From 1974 to 1978, Nam was deputy prime minister in charge of economic policies during South Korea's industrial development.
Before entering public service, Nam had been an economics professor at Sogang University in Seoul. Park is said to have recruited Nam after reading the scholar's criticism of the government's economic policies.
Under President Chun Doo-hwan, Nam was the prime minister from 1980 to 1982. Then from 1983 to 1991, Nam served as the head of the Korea International Trade Association.
After leaving the government, Nam continued to lend his expertise to politicians. Before the presidential election in 2007, Nam worked alongside current President Park Geun-hye, daughter of Park Chung-hee who was then vying for the ruling party's candidacy, as a senior economic adviser.
Nam is survived by his wife and three children.
jeeho@yna.co.kr
(END)
-
1 BTS most tweeted about musician in U.S. in 2020
-
2 BTS earns 2nd 'million point' song on Oricon chart with 'Dynamite'
-
3 BTS performs 'BE,' surprise Coldplay cover on 'MTV Unplugged'
-
4 (Yonhap Interview) Jeongmilla: the artist who sings Seoul's blue hill neighborhood in 'CheongPa Sonata'
-
5 BTS' 'Map of the Soul: 7' achieves record high 52nd consecutive week on Billboard 200
-
1 BTS most tweeted about musician in U.S. in 2020
-
2 U.S. court orders N. Korea to pay US$2.3 bln over 1968 capture of USS Pueblo
-
3 SHINee says vigor, passion drove new album following military enlistment hiatus
-
4 (Yonhap Interview) Jeongmilla: the artist who sings Seoul's blue hill neighborhood in 'CheongPa Sonata'
-
5 BTS performs 'BE,' surprise Coldplay cover on 'MTV Unplugged'
-
1 S. Korea announces innovative syringe method to increase vaccine doses
-
2 New virus cases below 400 on fewer testing; virus curbs extended for 2 more weeks
-
3 (LEAD) New virus cases below 400 on fewer testing; virus curbs extended for 2 more weeks
-
4 (2nd LD) Front-line medical workers get 1st injections of Pfizer's vaccine in S. Korea
-
5 (2nd LD) About 18,500 Koreans get COVID-19 vaccines on vaccination Day 1