Yu Kuo-hwa (; January 10, 1914 – October 4, 2000) was a Taiwanese economist who served as the
Premier of the Republic of China from 1984 to 1989.
Biography
Yu was born on 10 January 1914 in
Fenghua
Fenghua (; ) is a district (China), district of the city of Ningbo, Zhejiang Province, China. The district and its administrative hinterlands have a population of over 480,000.
Fenghua is the hometown of two former president of the Republic of ...
,
Ningbo,
Zhejiang
)
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, translit_lang1_info2 = ( Hangzhounese) ( Ningbonese) (Wenzhounese)
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, image_caption = View of the Yandang Mountains
, image_map = Zhejiang i ...
,
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
. After graduating from
Tsinghua University
Tsinghua University (THU) is a public university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of China. The university is part of Project 211, Project 985, and the Double First-Class Constructio ...
in 1934 with a bachelor's degree in
political science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and Power (social and political), power, and the analysis of political activities, political philosophy, political thought, polit ...
, he served as an aide to
Chiang Kai-shek. Yu then earned a graduate degree in economics at
Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
, where he studied from 1944 to 1946, and the
London School of Economics
The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
, where he studied finance from 1946 to 1947.
He was appointed as
Minister of Finance on 29 November 1967 and became Governor of the
Central Bank of China in 1969.
As Premier, Yu was responsible for ending Taiwan's 38 years of
martial law
Martial law is the replacement of civilian government by military rule and the suspension of civilian legal processes for military powers. Martial law can continue for a specified amount of time, or indefinitely, and standard civil liberties ...
in 1987. In October 1988, he walked out of a meeting of the
Legislative Yuan
The Legislative Yuan () is the unicameral legislature of the Republic of China (Taiwan) located in Taipei. The Legislative Yuan is composed of 113 members, who are directly elected for four-year terms by people of the Taiwan Area through a ...
, the first time a government official had done so, as extensive debate made it impossible for Yu to deliver his reports. He died from complications from leukemia at 4pm on 4 October 2000 at the Veterans' General Hospital in
Taipei
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.
Yu was preceded by
Sun Yun-suan and succeeded by
Lee Huan.
See also
*
List of premiers of the Republic of China
References
1914 births
2000 deaths
Harvard University alumni
Politicians from Ningbo
Premiers of the Republic of China on Taiwan
Ministers of finance of Taiwan
Republic of China politicians from Zhejiang
Recipients of the Order of Brilliant Star
Alumni of the London School of Economics
Taiwanese people from Zhejiang
Governors of the Central Bank of the Republic of China
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