ADB research shows that access to finance has less impact on poverty rates in lower-middle- and low-income economies.
Cyn-Young Park (朴信永)
Ms. Park manages a team of economists to examine policy issues related to developing strategies and approaches to support regional cooperation and integration; and produce the Asian Economic Integration Report. She has been a main author and contributor to ADB’s major publications including, the flagship Asian Development Outlook, Asia Capital Markets Monitor, Asia Economic Monitor, Asia Bond Monitor, and ADB Country Diagnostic Study Series. Ms. Park has also participated in various global and regional forums, and has written and lectured extensively about the Asian economy and financial markets. Prior to joining ADB, she was an economist with the OECD.
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ICT is transforming the services sector in Asia and the Pacific. Still, we need to narrow the digital divide between countries.
Social media is a potential game-changer for online sales in Southeast Asia’s nascent e-commerce market.
A tightening cycle in US monetary policy is typically bad news for emerging Asian economies.
Women in Asia are on average 70% less likely than men to be employed, a gender gap that persists despite booming economic growth, decreasing fertility rates and increasing access to education in the region, according to a new ADB report.
The establishment of the Millennium Development Goals (MDGs) by the United Nations in 2001 was a defining moment. It rallied a global effort in the fight against poverty, hunger, and disease, while promoting universal education, gender equality, and environmental sustainability. However, new challenges have emerged while remaining ones are complex. Meanwhile, the 2015 deadline for achieving the MDGs is almost upon us, raising the question: where do we go from here?
The US Fed has been winding down its bond purchase program, widely known as “quantitative easing,” since December 2013. The program was introduced in the wake of the 2008 global financial crisis to fight the recession and foster a rapid economic recovery. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming fall and it may start raising interest rates about six months from then.