K.C. Fung

DivisionSocial Sciences Division
DepartmentEconomics Department
AffiliationsEast Asian Studies,
Critical Race and Ethnic Studies
Web Site KC's Web Site
Office451 Engineering 2
Campus Mail StopEconomics Department
MailEconomics Department, University of California, Santa Cruz
Santa Cruz, CA
K.C. Fung

Research Interests

International trade and finance, China, Japan, WTO, foreign direct investment, economic development, global environmental economics, exchange rates, Asia/Pacific economies and Silicon Valley

Biography, Education and Training


K.C. Fung is a Full Professor of Economics (with tenure) at the University of California, Santa Cruz.  He is active in research in international trade, international finance, economic development, China, Japan and Asian economies. Since mid-2010, 26 of his peer-reviewed articles and 7 peer-reviewed chapters in books have been accepted for publication. His latest book is on Sino-Latin American Economic Relationships, paperback edition published in 2014. 

He is currently actively engaged in research in several areas, including China, Japan, international trade and international finance, economic development, Asian and Latin American economies, global environmental economics and innovation activities in Silicon Valley, Europe and Asia.  In 2015, he is the Guest Editor of a Special Issue of an academic journal with a theme related to the Economic Links between Europe and Asia.

U.S. Government Experience: K.C. was a senior economist in the President George H.W. Bush and President Bill Clinton White House Council of Economic Advisers (CEA).  He received a letter of commendation from the U.S. President while he was working in the White House.  He was a U.S. Government delegate to the OECD. 

He was on various U.S. Government economics committees and negotiation teams and worked on issues related to China, Japan, South Korea, Taiwan, India, Mexico, Brazil, South America and Europe. He was a regular member of TPSC, CFIUS (Committee on Foreign Investment in the United States), an occasional member of TPRG, an occasional member of the White House National Economic Council (NEC) Deputies Meetings and an occasional member of the White House NEC Trade and Economic Policy Working Group.  He worked on all trade-related issues, including international telecommunication and international intellectual property rights cases.  He was a member of the U.S. Uruguay Round and NAFTA Negotiation Teams, a member of the EU Airbus Agreement committee as well as a member of the Trade and Environment Working Group.

In 2015, he provided briefings on the economics and politics of China, Hong Kong and Asia to U.S. government officials and agents.  In 2012 and in 2011, he was an outside academic expert for a project related to American national economic interests in the Asia/Pacific, supported by the U.S. Government. He provided two expert testimonies to U.S. Congressional Committees, the latest one in 2011.  From 2006 to 2010, he was an adviser and an academic collaborator for the United States International Trade Commission (USITC, U.S. Government).

Experience with International Organizations: In 2015, K.C. was commissioned to provide work related to Asia by the Asian Development Bank (Manila). In 2014 and in 2013, he was an academic consultant for the Organization for Economic Co-operation and Development (OECD, Paris). In 2014, he was invited to make a presentation to the Trade Committee of the OECD. In 2013, he made a presentation to the research staff of the World Trade Organization (WTO, Geneva). 

In 2012-2013, he was an academic consultant for the World Bank.  His World Bank project involved the study of value-added trade in East Asia, South Asia and Latin America.  He conducted research related to infrastructure and connectivity for the Asian Development Bank Institute (ADBI, Tokyo) and his peer-reviewed chapter was published in 2012. Also in 2012, he was an academic consultant for the Inter-American Development Bank (IADB) and was invited to make a presentation in Washington, D.C.

In 2007, he was a Senior Research Fellow at the Bank for International Settlements (BIS).  Also in 2007, he was an academic research consultant for the WTO (Geneva).  In addition, from 2004 to 2007, he partnered with the WTO and trained senior government officials from 31 countries. His research had been published by United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) and cited by official publications of the International Monetary Fund (IMF).

Experience with European Institutions: In 2014, K.C. co-organized an academic conference at the University of Rouen, France.  In 2012, he was an invited academic expert panelist providing advice and the opening presentation to the EU Trade Commissioner (Brussels). In 2012 and previously in 2008, he was a Visiting Researcher at the Bank of Finland (Helsinki).  In 2010, he was a Visiting Professor at the University of Le Havre (France).  In 2007, he was an academic consultant for the University of Barcelona, Spain.  In 2006 and in 2007, he was a Visiting Fellow at Bruegel (Brussels).  In 2007, he provided advice to economists at the European Commission (Brussels). He was previously a Visiting Researcher at Tilburg University (Netherlands).

K.C. was the Ph.D. dissertation advisor and a co-author of Dr. Andrea Maechler, who in 2015 became the first woman to be on the governing board of the Swiss National Bank (Berne and Zurich).

In Winter and Spring 2015 and from 2012-2014, he was a member of the Economics Department Ph.D. Committee.  From 1998-2001, he was the Economics Ph.D. Program Director and the Placement Director for the Ph.D. students. He is a Co-founder of Santa Cruz Center for International Economics. In 2009, he served as Chair of a system-wide University of California International Review Committee (UCIE) for Singapore.  In 2015, he was the Chair of the system-wide University of California International Review Committee for Hong Kong.

K.C. got his B.A. (with Honors) from Swarthmore College and his Ph.D. from the University of Wisconsin-Madison.  K.C. has also taught at Stanford University, University of Wisconsin-Madison, at the joint London Business School-HKU Business School-Columbia Business School EMBA-Global Asia program, Mount Holyoke College, the joint Fudan University-HKU international MBA program (in Shanghai and Beijing), Nankai University (Tianjin, China) and the University of Hong Kong.

In 2010, he co-organized an academic conference at Stanford University (Palo Alto, California). At Stanford, he taught a Ph.D. course on international trade theory, an upper division undergraduate course on international trade and international finance, an upper division undergraduate course on the Japanese economy and a writing-intensive undergraduate course on public policy in the United States. He also served as a Dissertation Committee Member for a Stanford Ph.D. student. At UC, Santa Cruz, he taught undergraduate, Master-level and Ph.D. classes related to international trade, international finance, economic development, Asian economies as well as a writing-intensive business case study-related class.

In addition, in 2011, he was invited to be a Visiting Professor at Osaka University (Japan). He was also a Visiting Scholar/Academic Consultant at the University of Tokyo, IDE-JETRO (Japanese Government), National University of Singapore, Chung-Hua Institution for Economic Research (Taipei) and ECIPE (Brussels).