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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What the People’s Republic of China can learn from Japan on population aging
Published on Thursday, 04 April 2019
An aging population can have a dramatic impact on a country’s economy but Japan has shown that innovative approaches and policies can help mitigate the effects
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Bigger local currency bond markets can protect Asia from turmoil
Published on Friday, 15 February 2019
Research shows bigger local bond markets help countries in the strengthen their financial systems and their economies.
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Ignore rising corporate debt at your peril
Published on Thursday, 17 January 2019
Asian policy makers should be worried if they see a sustained surge in corporate borrowing.
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How global trade tensions are affecting Asian financial markets
Published on Monday, 08 October 2018
Amid uncertainty over the evolution of the PRC-US trade dispute, markets in the region are taking a wait-and-see stance.
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Do greenness standards matter for green bonds? Some empirical evidence
Published on Thursday, 09 August 2018
Widely accepted definitions and standards of greenness will help green bond markets grow and become more accurately priced.
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Are Asian currencies at risk from currency turmoil in Argentina, Turkey?
Published on Tuesday, 03 July 2018
The region's strong fundamentals limit the risk of foreign exchange volatility.
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Will Asia grow old before it becomes rich?
Published on Wednesday, 27 June 2018
Asian economies generally meet the conditions for a demography-driven middle-income trap, especially in East and Southeast Asia.
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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.