Cyn-Young Park (朴信永)

Director for Regional Cooperation and Integration, Economic Research and Regional Cooperation Department

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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Emerging Asia should brace for higher global interest rates

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.

Cyn-Young Park (朴信永)

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