ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Ms. Park specializes in Asian macroeconomics, notably country diagnostics, development policies, and the economic implications of external shocks, such as the global financial crisis. She also studies regional financial markets. She belongs to the Economic Research and Regional Cooperation Department (ERCD), which undertakes economic and policy research and capacity building, supports ADB operations, and networks with the international research community.
Author
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Education, Skill Training, and Lifelong Learning in the Era of Technological Revolution
This paper reviews recent studies on human capital and skill formation in the era of rapid aging and technological progress to offer policy suggestions in the field of education and lifelong learning.
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International Migration in Asia and the Pacific: Determinants and Role of Economic Integration
This paper examines patterns and key determinants of the movement of people from Asia and the Pacific, and explores its nexus with economic integration.
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A New Index of Globalization: Measuring Impacts of Integration on Economic Growth and Income Inequality
This study introduces a new composite index of globalization building on the separate contributions of intraregional and extraregional integration.
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Does Regional Integration Matter for Inclusive Growth? Evidence from the Multidimensional Regional Integration Index
This study constructs a multidimensional regional integration index series that embodies six key facets of regional integration.
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Global Banking Network and Regional Financial Contagion
This paper looks at how the network of cross-border banking appears to play an important role in financial contagion and how shocks are transmitted across borders.
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Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach
Trade and investment and movement of people are the main drivers of regional integration in Asia and the Pacific from 2006 to 2016. Asia comes second to the European Union in progress on regional integration.
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Financial Inclusion: New Measurement and Cross-Country Impact Assessment
A new measurement is used to assess the impact of financial inclusion on poverty and income inequality of 151 economies.
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20 Years After the Asian Financial Crisis: Lessons Learned and Future Challenges
This brief revisits lessons from the Asian financial crisis, examines the emerging challenges that could undermine future financial stability, and concludes with some policy considerations.
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A Contagion through Exposure to Foreign Banks during the Global Financial Crisis
This paper develops an empirical methodology to test the contagion effect at the country level using bilateral data on bank claims between countries.
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Asia-Pacific Regional Integration Index: Construction, Interpretation, and Comparison
The study develops an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions).