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Yumi Park

Tenure Track Assistant Professor

Subjects
International economics Financial institutions Big data Politics International relations Globalisation

Primary research areas

Polit­ics of Fin­an­cial Mar­ket De­vel­op­ment
Fin­an­cial mar­ket de­vel­op­ment is shaped not only by eco­nom­ics but by do­mest­ic polit­ics. Com­pet­ing in­terests—busi­nesses, banks, spe­cial in­terests—and the design of polit­ic­al in­sti­tu­tions in­flu­ence ac­cess to cred­it, reg­u­la­tion, and re­form. These struggles de­term­ine wheth­er fin­ance sup­ports broad growth or en­trenches elite power.
In­ter­na­tion­al Mon­et­ary Re­la­tions
In­ter­na­tion­al mon­et­ary polit­ics cen­ters on agree­ments that man­age ex­change rates, li­quid­ity, and crisis re­sponse. States ne­go­ti­ate co­oper­a­tion through in­sti­tu­tions like the IMF and swap lines, but out­comes re­flect do­mest­ic in­terests and glob­al power asym­met­ries, shap­ing whose eco­nom­ies gain sta­bil­ity and whose bear ad­just­ment costs.

I un­cov­er the polit­ics be­hind money and mar­kets.

My research helps governments design and advance financial market development. It helps societies understand who gains and who loses from global financial cooperation, ensuring that growth does not come at the cost of inequality. It also helps policymakers and the public see how international agreements - such as IMF programs or central bank lending - can be governed more effectively.