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Pui Yoong

Economist (South Asia) at The World Bank

Pui Shen Yoong is an accomplished economist currently serving at The World Bank, focusing on economic policy and development in South Asia. With a professional background that spans over a decade, Yoong has engaged in various roles and projects aimed at fostering economic growth in emerging markets.

Professional Background

  • Current Role: Pui Shen Yoong is an Economist in the Macroeconomics, Trade and Investment Global Practice at The World Bank, where he has been involved in significant projects related to economic development in South Asia.4
  • Previous Experience: Before his current position, he worked as an Economist for the South Asia region from September 2019 to November 2021. His other roles include positions in Indonesia and as a consultant for various countries including Myanmar and Malaysia.14 His expertise encompasses macroeconomic monitoring, fiscal policy, and capacity building for finance ministries.

Education

Yoong holds a Master of Arts (M.A.) from The Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS) and has completed his undergraduate studies at Middlebury College, among other institutions.1

Research Contributions

He has contributed to several publications, including a notable report on the economic impact of COVID-19 on South Asia, which highlights the unique challenges faced by the region during the pandemic.3 Additionally, he authored a paper on labor productivity in Indonesia, emphasizing the importance of job quality over quantity.2

Language Proficiency

Pui Shen Yoong is proficient in multiple languages, including Portuguese (native), Spanish (limited working proficiency), Bahasa Indonesia (intermediate), and English (native or bilingual proficiency).1

Overall, Pui Shen Yoong's extensive experience and academic background position him as a key figure in addressing economic challenges in South Asia through his work with The World Bank.

Highlights

Apr 12 · linkedin

Ayer el #BancoMundial publicó nuestro análisis y proyecciones para 147 economías: https://lnkd.in/dc_eRbRA. La perspectiva para #Paraguay es favorable:

⬆ Suponiendo buenas condiciones climáticas, se espera que Paraguay crezca en promedio un 3,7 % entre 2024 y 2026. ⬇ También se espera que la pobreza (medida en USD 6,85 por persona por día, PPA) disminuya aún más, llegando al 18,2 en 2026. 💹 Con condiciones macrofiscales estables, la inflación bajo control y medidas para abordar desafíos clave como las pensiones, Paraguay está más cerca que nunca de alcanzar el estatus de grado de inversión. 🚸 Sin embargo, debe asegurarse de que estas mejoras "macro" se traduzcan en mejoras "micro", es decir, una reducción más rápida de la pobreza y una clase media más numerosa. 🌤 Generar resiliencia ante las pertubaciones provocadas por fenómenos meteorológicos extremos, impulsar la productividad de las empresas para crear mejores empleos y seguir mejorando la calidad de la gobernanza podrían ayudar a Paraguay a fortalecer aún más su economía.

Yesterday the #WorldBank published analysis and projections for 148 developing economies. Things look good for #Paraguay: ⬆Assuming good weather continues, Paraguay is expected to grow by an average of 3.7 percent over 2024-2026. ⬇Poverty (measured at US$6.85 per person per day, PPP) is also expected to decline further, reaching 18.2 percent in 2026. 💹With stable macro fiscal conditions, inflation under control, and steps towards addressing key challenges such as pensions, Paraguay is closer than ever to investment grade status. 🚸 But it also needs to ensure that these 'macro' improvements translates into 'micro' ones, i.e., faster poverty reduction and a larger middle class. 🌤Building resilience to shocks from extreme weather events, boosting the productivity of firms to create better jobs, and continuing to improve the quality of governance could help Paraguay to further strengthen its economy.

Related Questions

What are Pui Shen Yoong's main responsibilities as an Economist in South Asia at The World Bank?
How has Pui Shen Yoong's work impacted economic development in South Asia?
What specific projects has Pui Shen Yoong led or contributed to at The World Bank?
What are Pui Shen Yoong's key achievements in her career at The World Bank?
How does Pui Shen Yoong's experience in Latin America compare to her work in South Asia?
Pui Yoong
Pui Yoong, photo 1
Pui Yoong, photo 2
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Location

Washington, District of Columbia, United States