Donghyun Park

Economic Advisor, Strategic Knowledge Initiatives, Economic Research and Regional Cooperation Department, ADB

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 innovation, entrepreneurship, and green finance. Dr. Park plays a leading role in the production of Asian Development Outlook and Asia Bond Monitor, two major ADB flagship publications.

Throughout Asia, and around the world, a holistic view of wellness is gaining in popularity. Photo: Farsai Chaikulngamdee

Wellness in Worrying Times

Policies that promote wellness can help Asians navigate the uncertain, stressful COVID-19 world and achieve a better post-pandemic lifestyle.

Irfan A. Qureshi, Donghyun Park, Pilipinas F. Quising, Shu Tian

Many consumers in Asia are shifting to phone-based, contactless payment apps. Photo: Jonah Pettrich

Plugging Into Contactless Payment in Post-COVID Asia

Asian economies must strengthen their regulatory frameworks, and invest in digital networks and infrastructure, to support contactless payment systems.

Irfan A. Qureshi, Donghyun Park

新冠肺炎疫情有可能导致更多家庭负债。

私人债务是影响亚洲金融稳定的潜在威胁

亚洲监管机构和政策制定者应开展审慎的金融监管，以提高私人债务的质量，减少影响未来金融稳定的风险。

Donghyun Park, Arief Ramayandi, Shu Tian

The pandemic threatens to force more households into debt.

Private Debt, a Hidden Menace to Asia’s Financial Stability

Asian regulators and policy makers should undertake prudential financial supervision and regulation to improve the quality of private debt and reduce the risk of financial instability in the future.

Donghyun Park, Arief Ramayandi, Shu Tian

In India, mobile phones are being used to create “human ATMs” that provide greater access to fintech services. Photo: Ravi Sharma

Fintech is Emerging as a Driver of Innovative Financial Solutions During COVID-19

Fintech – the fusion of finance and technology – could be a game-changer for inclusive economic growth amidst the pandemic.

Donghyun Park, Shu Tian

In India, mobile phones are being used to create “human ATMs” that provide greater access to fintech services. Photo: Ravi Sharma

Финтех становится движущей силой инновационных финансовых решений во время COVID-19

Финтех - слияние финансов и современных технологий - может изменить ситуацию в сторону всеобъемлющего экономического роста в условиях пандемии.

Donghyun Park, Shu Tian

Innovative practices are key to expanding development impact in Asia and the Pacific. Photo: ADB

Five Steps for Countries to Become Innovation Leaders

The right policies can bring a new golden age of innovation for developing countries in Asia.

Elisabetta Gentile, Donghyun Park, Irfan A. Qureshi

Mapping and predicting emerging epidemics can have profound economic consequences. Photo: ADB

Mapping Asia’s Epidemics

Countries can minimize the economic risk of epidemics by investing in the tools needed to predict disease emergence.

Ilan Noy, Benno Ferrarini, Donghyun Park

A COVID-19 Contagion for the World’s Stock Markets

These charts illustrate how Asian and global stock markets reacted to the COVID-19 pandemic, with market reaction closely following local outbreaks and then moving in unison with global markets amid other shocks.

Donghyun Park, Shu Tian

Singapore is using a carbon tax to help meet its Paris Agreement commitments.

Taxing Emissions in Singapore

Singapore’s carbon tax is designed to maximize green investments while minimizing negative effects on the overall economy.

Donghyun Park, Shu Tian, Mai Lin C. Villaruel

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