NEWSLETTER
There is a strong need for rigorous,
multi-disciplinary research to drive
informed policy- and decision-
making in emerging market
countries, because the challenges such countries face are
tremendous and their success in overcoming them will impact
millions of lives around the world.
For this reason, I am proud to see the successful establishment
of the HKUST Institute for Emerging Market Studies, supported
generously by EY. Given its close proximity to China and other
major emerging markets in Asia, HKUST is uniquely well-
positioned, both literally and figuratively, to support advanced
research needed by global and local business and policy leaders
as well as other stakeholders in emerging market countries.
Under Prof. Park's leadership, HKUST IEMS has established a
strong platform for more than 40 HKUST faculty members to
engage in meaningful research and interact with the global
academic, policy, and business communities through various
events and outreach activities. Through these initiatives, HKUST
IEMS is quickly gaining traction as an important source of
thought leadership on emerging market issues, furthering the
University's goal to have a greater impact on the world outside
its gates.
I am eager to see the meaningful insights that these research
endeavors will produce to help the citizens of the world 's most
dynamic countries realize their aspirations for better lives. If you
share this sentiment, I hope you will join me in following the
important discussions being led by HKUST IEMS.
HKUST IEMS continues its mission
to support leading research on
issues facing businesses and
policy makers in emerging market
countries. In Spring 2014 the
Institute awarded nine research
grants to HKUST faculty (selected on a competitive basis) to
explore a wide range of topics including entrepreneurship,
social networks, career trajectories of different college majors,
saving by the poor, international risk sharing, university-industry
linkages, and firm performance.
The Institute has made great progress building partnerships
globally to extend its influence, better understand key challenges
from a more global perspective, and promote meaningful
research collaborations and exchanges. HKUST IEMS signed
a 3-year agreement (2014-2016) to be one of five global
institutions joining the World Bank Network on Jobs and
Development (with other partners in India, South Africa, Poland,
and Latin America) to help find solutions to jobs challenges
around the world based on sound empirical evidence. It has also
joined the Economic Policy Forum – Emerging Economies Think
Tank Alliance for High Quality Growth (EPF), which comprises
26 institutions globally and organizes events and provides
policy recommendations, organized by the German agency for
international cooperation (GIZ). HKUST IEMS also is one of four
institutions studying emerging markets being supported by EY,
along with partners in India, mainland China, and Moscow.
These various partnerships provide a framework for HKUST IEMS
Faculty Associates to develop collaborative relationships and
participate actively in global dialogues on the opportunities and
challenges facing emerging markets.
MESSAGE FROM
THE PRESIDENT, HKUST
Tony Chan
DIRECTOR’S MESSAGE
Albert Park
FALL 2014
growth and good jobs to lagging regions within countries and
emphasizes the role of employment and skills in driving economic
growth. The goal of the NJD is to contribute to the creation of
multi-sector, multi-disciplinary solutions to the jobs challenges
around the world based on research and empirical evidence from
programs on the ground. This will help facilitate the identification
and dissemination of best practices and innovations on job
creation. As a member of the Global Partnership Program, HKUST
IEMS will support research and organize activities to contribute
to knowledge generation and knowledge sharing of different
perspectives and approaches to expanding job opportunities.
HKUST Institute for Emerging Market Studies is proud to be
collaborating with the Network on Jobs and Development (NJD)
initiative of the World Bank to pursue a multi-sectoral and multi-
disciplinary approach to the global jobs agenda during the
period 2013-16. HKUST IEMS is one of five global institutions that
are joining the NJD. Our partners include:
•
Development Policy Research Unit at University of Cape Town
(DPRU)
•
Institute for Structural Research (IBS)
•
Indian Council for Research on International Economic Relations
(ICRIER)
•
Latin American and Caribbean Economic Association (LACEA)
The NJD Initiative recognizes employment generation as a
critical condition for raising living standards, achieving poverty
reduction, and the role of globalization in improving labor
working conditions. It supports the extension of the benefits of
HKUST IEMS JOINS WORLD BANK NETWORK ON JOBS AND DEVELOPMENT
To learn more about the NJD initiative, visit
Development Policy Research Unit
Institute for Structural Research
Indian Council for Research on
International Economic Relations
Latin American and Caribbean
Economic Association
