Deputy Prime Minister for the Economy; minister of finance and economy, planning and budget, labor and power resources
| Life | 1940 |
| Era | 대한민국 |
| Clan | 여양 진씨 |
Jin Nyeom was born on 2 December 1940 in Buan, North Jeolla, a civil servant and politician of the Yeoyang seat. He graduated from Jeonju High School and earned degrees from Seoul National University (economics, 1963), Washington University (M.A., 1968), Hanyang University (Ph.D. in economics, 1988) and the Stanford Graduate School of Business (MBA, 1994).
He passed the 14th higher civil service examination in 1962 and began as an Economic Planning Board official in 1963. He was Vice Minister of Finance (1990), Minister of Power Resources (1991-93), Minister of Labor (1995-97), first chair of the Planning and Budget Commission (1998-99), Minister of Planning and Budget (1999-2000) and Minister of Finance and Economy (2000-02), holding the rank of Deputy Prime Minister for the Economy in 2001-02. Having served once as deputy prime minister and five times as minister under three administrations, he earned the nickname "career minister".
He joined the Millennium Democratic Party in 2001 and ran for Gyeonggi governor in 2002, finishing second with 35.98 percent, and left the party that year. Later posts include outside director of LG Electronics, director of the POSCO Cheongam Foundation, chair professor at Jeonbuk National University and visiting professor at KDI School. He received the Order of Service Merit and wrote Saving the Economy, Saving the Nation (2002).
Starting at the Economic Planning Board, Jin Nyeom built a career through the Vice Ministry of Finance and several ministries. A distinctive feature is that he served under the Roh Tae-woo, Kim Young-sam and Kim Dae-jung governments.
After his foray into politics he served as outside director, professor and in academic and policy bodies. As a living person, only his public career is described.