Background
Dr. Sam-Chung Hsieh (1919-2004) was former Governor of the Central Bank of China. During his tenure, he was responsible for
the world's largest foreign exchange reserves, and was widely recognized for achieving stability and economic growth. In his
long and distinguished career as economist and development specialist, he held key positions in multilateral institutions
including the Asian Development Bank, where as founding Director, he pioneered and was instrumental in advancing the green
revolution and in the transformation of rural Asia. He earned an international reputation for his diplomacy and leadership
in building infrastructure and improving living standards for people throughout Asia. As Secretary-General of the Joint Commission
on Rural Reconstruction and later as Chairman of Taiwan's National Development Bank, he played a leading role and led efforts
which sparked the "Taiwan Miracle." He also served as Chairman of Chung-Hua Institution for Economic Research, Taiwan's premier
research institution, and as Chairman of ChinaTrust Bank, and the Industrial Bank of Taiwan. He was professor at National
Taiwan University and visiting professor at the Cornell University-University of the Philippines joint programs.
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