HKUST Institute for Emerging Market Studies

REGION: Global

Research, Funding, Community

It is with great enthusiasm that I invite you to join the conversation that we are starting at HKUST about the challenges and opportunities facing businesses and policy-makers in emerging markets via the establishment of the HKUST Institute for Emerging Market Studies (HKUST IEMS). We are very happy that Ernst & Young has agreed to partner with us in this exciting venture by providing generous financial support for the Institute's activities for an initial five-year period (2013-17). The Provost, the Dean of the School of Business and Management, and the Dean of Humanities and Social Sciences led the efforts to establish the new Institute. 

Emerging markets will soon account for the majority of global GDP, led by a rising Asia, and their emergence is transforming global economic relations, international politics, and the business strategies of multinational companies. HKUST, as a globally elite university whose location makes it a gateway to China and other Asian economies, is well-positioned to become a thought leader on issues facing emerging markets. HKUST has over 30 faculty with research interests in emerging markets, mainly from the six Business School departments and the Division of Social Sciences. 

In order to realize this larger objective, IEMS will focus on three goals. The first is to promote high-quality faculty research and research collaboration on issues of practical importance to businesses and policy makers in emerging markets. The Institute will provide funding for faculty research projects and develop collaborations with research partners worldwide, including he network of research centers in key emerging markets being supported by Ernst & Young. The second is to communicate relevant research findings by HKUST researchers to the business and public policy communities through reports, newsletters, and events, so that they can have maximum impact on the public discourse about emerging markets. Finally, the Institute plans to provide a platform through its events for increasing knowledge, awareness, and exchange of ideas about issues facing emerging markets among academics, the business community, government officials, and other interested parties. 

It will give me great satisfaction if IEMS can successfully achieve its mission by encouraging and supporting HKUST faculty to produce world-class research on emerging markets that will have a meaningful impact on the real world, and by providing a forum that will engage faculty, students, businessmen, public officials, civil society, and the broader public in learning about and discussing the important issues affecting the world's most dynamic economies. We hope you will join us in this endeavor. 


Title: Director

Albert Park


Albert Park is a development and labor economist who is an expert on China’s economic development. His research has been featured by the Economist, New York Times, Wall Street Journal, BBC, CNN, and NPR. Professor Park is a Research Fellow of the Centre for Economic Policy Research (London), the Institute for the Study of Labor (IZA, Bonn), the International Growth Centre (Oxford/LSE/DFID), and the Human Capital and Economic Opportunity Working Group (Chicago). In recent years he has published articles in leading economics journals on firm performance, poverty and inequality, migration and employment, health and education, and the economics of aging in China. He currently serves on the editorial boards of the Journal of Comparative Economics, Oxford Economic Papers, and Chinese Economic Review. Prof. Park has co-directed numerous survey research projects in China; currently he is PI for a new firm-worker survey in the Pearl River Delta, PI for the Gansu Survey of Children and Families, a longitudinal study of rural youth, and co-PI for the China Health and Retirement Longitudinal Study (CHARLS). He previously held faculty appointments at the University of Michigan and Oxford University, and has consulted frequently for the World Bank.

HKUST Institute for Emerging Market Studies News

Contact Details

Rooms 2018 - 2020, Lo Ka Chung Building, Lee Shau Kee Campus The Hong Kong University of Science and Technology Clear Water Bay, Kowloon
Hong Kong
(852) 2358 5981
Contact Person:
Albert Park
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Company Web Address: