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Donghyun Park
Donghyun Park is currently a Principal Economist at the Economics and Research Department of the Asian Development Bank (ADB), which he joined in April 2007. Prior to joining ADB, he was a tenured Associate Professor of Economics at Nanyang Technological University in Singapore.
He has a Ph.D. in Economics from UCLA, and his main research fields are international finance and trade. His research, which has been published extensively in journals and books, focuses on policy-oriented topics relevant for Asia’s long-term development, including Asian sovereign wealth funds and Asian pension reform. Dr. Park plays a leading role in the production of Asian Development Outlook, ADB’s flagship annual publication.
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Uneven resilience: Why some emerging markets better navigate US monetary policy cycles
As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analysing data on a large sample of emerging markets, this article highlights the role of consistent strategy that strengthens macroeconomic fundamentals and institutional quality across all phases of the cycle.
