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.
This paper investigates the channels of growth spillovers and estimates the degree of macroeconomic interdependence between emerging East Asia and G3 economies.
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.
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.
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.
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.
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.
This paper investigates the links between financial integration and regulatory quality; and equity home bias in emerging Asia.
The paper assesses the potential for a monetary union in Asia by evaluating the progress of business cycle synchronization among 10 major East Asian countries.
Food price inflation and volatility have a significant and adverse effect on the health of the most vulnerable in developing countries.
This paper studies the factors that determine food prices, specifically focusing on the transmission of external shocks to domestic prices. It examines the sources of food price fluctuations in 11 developing Asian countries.