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President Lee Jae-myung to Meet 2025 Nobel Economics Laureate Peter Howitt
President Lee Jae Myung will hold talks Friday morning at Cheong Wa Dae with Peter Howitt, who shared the 2025 Nobel Memorial Prize in Economic Sciences for research on sustained growth through creative destruction. The meeting will include several senior economic and policy officials. Lee spoke earlier Wednesday in Ulsan about the future of Korean shipbuilding.
May 13, 7:45 AM·1m read1 source
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A presidential spokeswoman said Wednesday. Howitt is a Brown University honorary professor and 2025 Nobel Memorial Prize winner who shared the Nobel Memorial Prize in Economic Sciences with Philippe Aghion and Joel Mokyr.
The prize was awarded for their work on the theory of sustained economic growth through creative destruction. The meeting will also be attended by Finance Minister Koo Yun-cheol, Kim Yong-beom, presidential chief of staff for policy, Ha Joon-kyung, senior presidential secretary for economic growth and Moon Jin-yeong, presidential secretary for social affairs.
Howitt previously supervised Ha's doctoral studies at Brown University in 2003, according to Cheong Wa Dae.
President Lee Jae Myung spoke at a press conference on the future of Korean shipbuilding in Ulsan on May 13, 2026. Ulsan is 307 kilometers southeast of Seoul. Yonhap reported that the gathering at Cheong Wa Dae brings together the president with the economist whose theories center on innovation-driven expansion.
