Prior to joining ADB in 2007, Donghyun was a tenured associate professor of economics at Nanyang Technological University in Singapore. He has a PhD in economics from UCLA in the US, and his main research fields are international finance, international trade, and development economics. His research, which has been published extensively in journals and books, revolves around policy-oriented topics relevant for Asia’s long-term development, including the middle-income trap, service sector development, and financial sector development. Dr. Park plays a leading role in the production of Asian Development Outlook, ADB’s flagship annual publication.
Blogs by this Author
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Fed interest rate hike: How hard will it hit Asia?
Published on Tuesday, 26 December 2017
The Fed’s rate hike won’t have much impact in emerging Asia, at least in the short term.
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The global financial crisis and middle-income countries
Published on Monday, 06 November 2017
To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
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Taper Tantrum 2.0? How Fed’s balance sheet normalization affects Asia
Published on Wednesday, 18 October 2017
It’s high time for emerging Asian markets to prepare themselves for the tighter global financial conditions that Fed balance sheet normalization entails.
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Is economic growth in middle-income countries different from low-income countries?
Published on Wednesday, 11 October 2017
A new ADB working paper provides insights into what factors drive growth at middle-income economies.
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US interest rate hikes: How should Asia respond?
Published on Wednesday, 14 June 2017
Urgent action is needed to reduce leverage levels in case US interest rates rise faster than expected.
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Can Asia take the next step to high-income?
Published on Friday, 09 June 2017
Moving beyond middle-income status through sustained rapid growth is the natural next step for the region.
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Can Asia reach high-income?
Published on Thursday, 18 May 2017
Total factor productivity growth in middle-income countries depends on innovation, human capital, and infrastructure.
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Are infrastructure bonds the next big thing in infrastructure financing?
Published on Tuesday, 02 May 2017
The region’s infrastructure bond market is still at a nascent stage.
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Structural change in Asia – good for growth but bad for equity?
Published on Friday, 07 October 2016
Recent empirical analysis of the nexus between productivity growth and wage inequality in several Asian economies provides new, policy-relevant evidence.
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The human dimension of population aging in Asia
Published on Thursday, 29 September 2016
In Asia’s demographic transition, let’s not forget about the elderly. The human dimension is the key to a greyer but richer and happier region.