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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Decoupling Asia Revisited
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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Developing Local Currency Bond Markets in Asia
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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Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth
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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Myanmar: Long-Term Scenarios for Sustained Macroeconomic Growth
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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Price Discovery and Foreign Participation in the Republic of Korea’s Government Bond Cash and Futures Markets
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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Financial Inclusion, Poverty, and Income Inequality in Developing Asia
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.
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Equity Home Bias, Financial Integration, and Regulatory Reforms: Implications for Emerging Asia
This paper investigates the links between financial integration and regulatory quality; and equity home bias in emerging Asia.
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A Factor-Augmented Vector Autoregression Analysis of Business Cycle Synchronization in East Asia and Implications for a Regional Currency Union
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.
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Food Prices and Population Health in Developing Countries: An Investigation of the Effects of the Food Crisis Using a Panel Analysis
Food price inflation and volatility have a significant and adverse effect on the health of the most vulnerable in developing countries.
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Examining the Determinants of Food Prices in Developing Asia
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.