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Albert Park Profile
Albert Park

@ADBChiefEcon

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Chief Economist of @ADB_HQ.   Managed by Chief Economist Albert Park and his team. RT ≠ endorsement  Follow on LinkedIn: https://t.co/VQVUpN9a08

Manila, Philippines
Joined March 2021
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@ADB_HQ
Asian Development Bank
2 days
In 2024, small and medium-sized enterprises (SMEs) accounted for 99.8% of businesses, employed 67.6% of the workforce, and contributed 38.7% of Asia and the Pacific's economic output. 📊 Our report offers insights to help governments support SMEs development and resilience:
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@adbpublications
ADB Publications
2 days
MSMEs contribute about 40% of exports across Asia and the Pacific, but they could face risks as global trade uncertainty deepens. Governments must act fast to protect them through better financing, trade facilitation, and stronger policy support. https://t.co/1LFXkBfiJf
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@ADBChiefEcon
Albert Park
3 days
I’m excited to announce the #CallforPapers for the “Fiscal and Monetary Policies in Developing Economies for Navigating Fragmentation Risks” Conference, co-organized with the ASEAN+3 Macroeconomic Research Office (AMRO). Selected papers will be presented in-person in Singapore
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@ADBChiefEcon
Albert Park
3 days
During the opening plenary at the Global Development Conference 2025 “Inclusive Digital Transformation: Social Impacts and Technological Innovation", I was happy to discuss the role of AI in shaping a sustainable and inclusive digital economy, as well as the importance of quality
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@adbpublications
ADB Publications
4 days
How can small businesses in Asia and the Pacific adapt to global uncertainty and shifting trade dynamics? Join the launch webinar of the Asia SME Monitor 2025 on 12-13 November to explore new insights, strategies, and policies shaping MSME growth in the region.
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@ADB_HQ
Asian Development Bank
6 days
🌿 A new ADB report shows that nature-based assets generate roughly $21 trillion across Asia and the Pacific. This finding calls for countries in the region to protect nature as a core part of how their economies operate in order to ensure long-term prosperity. 🔗 Read
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@ADB_HQ
Asian Development Bank
13 days
Nature is essential for 75% of Asia-Pacific’s economy — yet it’s missing from financial decisions. ADB’s new report shows how scaling up investments in nature can unlock sustainable, resilient growth across the region: https://t.co/t6Zq8HOI0y
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@ADBChiefEcon
Albert Park
12 days
Thanks to the #APEC2025 team for the lovely welcome dinner!
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@ADBChiefEcon
Albert Park
12 days
Great to catch up with @ambalisacan, Secretary of the National Economic and Development Authority (NEDA) in the Philippines, and Rosemarie Edillon, Undersecretary of the Policy and Planning Group at NEDA, during the #APEC2025 Finance Ministers’ Meeting and the Structural Reform
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@ADBChiefEcon
Albert Park
12 days
With Deputy Prime Minister and Minister of Finance Koo Yun Cheol who ably chaired the #APEC2025 Finance Ministers’ Meeting and the Structural Reform Ministerial Meeting. He emphasized the need for closer collaboration between governments and private sector to support the AI
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@ADBChiefEcon
Albert Park
12 days
During the #APEC2025 Structural Reform Ministerial Meeting joint session on innovation and digitalization, I discussed key findings from ADB’s Asian Development Policy Report 2025: Harnessing Digital Transformation for Good, where we point out ways that governments can better
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@ADBChiefEcon
Albert Park
12 days
During the #APEC2025 Finance Ministers’ Meeting, we endorsed the Incheon Action Plan, a five-year roadmap which focuses on innovation, finance, fiscal policy, and access and opportunity for all. Read about it here 🔗: https://t.co/sWQJDtpDKG
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@ADBChiefEcon
Albert Park
12 days
I was happy to represent ADB at the #APEC2025 Finance Ministers’ Meeting “Innovation, Finance and Fiscal Policy for Sustainable Growth” and the Structural Reform Ministerial Meeting in Incheon, Korea. During the Finance Ministers' Meeting, I underscored the resilience of Asian
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@ADBPresident
Masato Kanda
15 days
Three-quarters of Asia-Pacific's output relies on healthy ecosystems, yet less than 1% of global finance supports #NaturePositive investment. Take a moment to read @ADB_HQ’s report on Unlocking Nature for Development, which outlines how aligning governance, policy, and data
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@ADB_HQ
Asian Development Bank
15 days
#ADBNews: With 75% of regional economic output dependent on nature, Asia and the Pacific has much to gain from investing in healthy ecosystems. Our report calls on governments to upgrade their governance, policy, and data foundations to attract private finance and unlock
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@ADBChiefEcon
Albert Park
15 days
Healthy ecosystems are not environmental extras in the region’s growth story. They are productive assets at the core of Asia’s growth and resilience. Countries that invest in nature are investing in their own competitiveness and fiscal stability. Read ADB’s Asia-Pacific Climate
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