Hu Sheng-cheng (Chinese: 胡勝正; pinyin: Hú Shèngzhèng; 5 August 1940 – 10 July 2018) was a Taiwanese economist. He led the Council for Economic Planning and Development from 2004 to 2007 and the Financial Supervisory Commission from 2007 to 2008.

Hu Sheng-cheng
胡勝正
Chairperson of Financial Supervisory Commission
In office
25 January 2007 – 1 July 2008
Preceded byShih Jun-ji
Susan Chang (acting)
Succeeded byGordon Chen
Minister of the Council for Economic Planning and Development
In office
20 May 2004 – 21 May 2007
Preceded byLin Hsin-i
Succeeded byHo Mei-yueh
Personal details
Born(1940-08-05)5 August 1940
Taihoku Prefecture, Japanese Taiwan (today Yilan County, Taiwan
Died10 July 2018(2018-07-10) (aged 77)
Zhongzheng, Taipei, Taiwan
Alma materNational Taiwan University
University of Rochester

Academic career edit

Hu studied economics at the University of Rochester in the United States, where he earned a Ph.D,[1] after having graduated from National Taiwan University in 1962.[2] He remained in the United States, and began a teaching career at Purdue University in 1968.[3] While working in the U.S., Hu authored a pair of reports to the Social Security Administration.[4] Hu returned to Taiwan in 1996, teaching at NTU and holding a concurrent appointment at the Academia Sinica until 2001.[5]

Political career edit

Hu was appointed a minister without portfolio by premier Chang Chun-hsiung in 2001 and had oversight of financial policies.[6][7] Hu was retained by Chang's successor Yu Shyi-kun when Yu took office in February 2002.[8] Later that year, Yu initiated a six-year development plan devoted to promotion of environmentally friendly industries.[9] He placed Hu in charge of research and development, high value-added industry, and the establishment of an operation center.[10] Upon the resignation of finance minister Lee Yung-san in November, Hu was considered a potential successor.[11][12] In 2004, he was named the head of the Council for Economic Planning and Development, in addition to his duties as minister without portfolio.[13] After the resignation of Shih Jun-ji in January 2007, Hu was selected to chair the Financial Supervisory Commission.[14] He stepped down in July 2008, and was replaced by Gordon Chen.[15]

Hu later returned to the Academia Sinica as a research fellow.[16] He was an adviser to Wellington Koo's 2014 Taipei mayoral campaign.[17] In August 2016, Hu assumed the chairmanship of the Chung-Hua Institution for Economic Research.[18] He fell ill that same year,[19] and died of pulmonary calcification at National Taiwan University Hospital on 10 July 2018, aged 77.[20]

References edit

  1. ^ "Hu appointed chairman of FSC". Taipei Times. 26 January 2007. Retrieved 23 March 2016.
  2. ^ "2004 honorary degree: Sheng-Cheng Hu". Purdue University. 2004. Retrieved 2 May 2019.
  3. ^ Norberg, John (1999). Three Tigers and Purdue. Purdue University Press. p. 220. ISBN 9780931682766.
  4. ^ "Research & Analysis by Sheng Cheng Hu". Retrieved 2 May 2019.
  5. ^ "Sheng-Cheng Hu". Academia Sinica. Retrieved 24 March 2016.
  6. ^ Huang, Joyce (6 March 2001). "Four new Cabinet officials appointed". Taipei Times. Retrieved 15 August 2017.
  7. ^ Kearns, Patrick (6 March 2001). "Veteran economist aims to boost ailing economy". Taipei Times. Retrieved 15 August 2017.
  8. ^ Huang, Joyce (25 January 2002). "Yu unveils final appointments to 'combative Cabinet'". Taipei Times. Retrieved 15 August 2017.
  9. ^ Ko, Shu-ling (13 May 2002). "Government's six-year plan to develop a 'green silicon island' divides critics". Taipei Times. Retrieved 15 August 2017.
  10. ^ Ko, Shu-ling (9 May 2002). "Development plan finds support". Taipei Times. Retrieved 15 August 2017.
  11. ^ Ko, Shu-ling (26 November 2002). "Premier asks for time to fill positions". Taipei Times. Retrieved 15 August 2017.
  12. ^ Huang, Joyce (26 November 2002). "Financial-sector reforms must go on". Taipei Times. Retrieved 15 August 2017.
  13. ^ Huang, Joyce (7 June 2004). "Planner says firms need deregulation". Taipei Times. Retrieved 23 March 2016.
  14. ^ Shih, Hsiu-chuan (26 January 2007). "Cabinet unveils reshuffle details". Taipei Times. Retrieved 23 March 2016.
  15. ^ Hsu, Crystal (2 July 2008). "New FSC chairman takes office". Taipei Times. Retrieved 23 March 2016.
  16. ^ Su, Amy (6 August 2011). "Asia may save global economy: Liu". Taipei Times. Retrieved 23 March 2016.
  17. ^ Chen, Ching-min; Chung, Jake (17 January 2014). "'Hsichih Trio' supports Wellington Koo". Taipei Times. Retrieved 15 August 2017.
  18. ^ Hsu, Crystal (3 August 2016). "Hu Sheng-cheng takes helm at CIER". Taipei Times. Retrieved 15 August 2017.
  19. ^ Liao, Yu-yang; Kao, Evelyn (11 July 2018). "Renowned economist Hu Sheng-cheng dies". Central News Agency. Retrieved 13 July 2018.
  20. ^ Hsu, Crystal (12 July 2018). "CIER chairman Hu Sheng-cheng dies at age 77". Taipei Times. Retrieved 13 July 2018.