Park, Cyn-Young
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 Economics and Research Department (ERD), which undertakes economic and policy research and capacity building, supports ADB operations, and networks with the international research community. ERD is also responsible for producing Country Diagnostic Studies, which evaluate development constraints on ADB's developing member countries.
Author
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A new measurement is used to assess the impact of financial inclusion on poverty and income inequality of 151 economies.
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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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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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The study develops an index to measure the degree of regional integration in Asia and the Pacific (48 economies in six subregions).
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This paper investigates the channels of growth spillovers and estimates the degree of macroeconomic interdependence between emerging East Asia and G3 economies.
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Asian economies have come a long way in building local currency bond markets, but more needs to be done to strengthen market infrastructure and institutions, address inconsistent policies and regulations, and enhance corporate governance.
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Speeding up development in Myanmar requires a multipronged but more coherent strategy targeted at strong and resilient growth, employment generation and, ultimately, rapid reduction of poverty.
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Simulation results from the use of a dynamic economic forecasting model to evaluate Myanmar’s growth drivers suggest a broad horizon of opportunity for promoting rapid and inclusive economic growth.
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In this paper, the authors assess the impact of foreign participation in Korean Treasury Bond (KTB) cash and futures markets and their role in the price discovery process.
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Understanding the link between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement programs that will broaden access to financial services.