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Hyun Song Shin

Hyun Song Shin

Governor, Bank of Korea

Hyun Song Shin was BIS Economic Adviser from May 2014 to March 2026 and also served as Head of the Monetary and Economic Department from January 2025.

Mr Shin has a background in academia. Before coming to the BIS in May 2014, he was the Hughes-Rogers Professor of Economics at Princeton University, having previously held appointments at Oxford University and the London School of Economics. He has been an intellectual leader in the fields of banking, international finance and monetary economics, topics on which he has published widely, both in leading academic and official publications.

One area of recent focus has been in developing the BIS's work agenda on digital innovation and the financial system, laying out the implications for users, financial intermediaries and the central bank. Mr Shin was part of the BIS management team that developed the BIS Innovation Hub, and served as its Interim Head at its launch in 2019.

Mr Shin is a Korean national. In 2010, while on leave from Princeton University, he served as Senior Adviser to the Korean president, taking a leading role in formulating financial stability policy in Korea and developing the agenda for the G20 during Korea's presidency.

All BIS publications (77)

All videos (103)

Video 17 Jun 2018
Cryptocurrencies: looking beyond the hype
Hyun Song Shin speaks about Chapter V of the Annual Economic Report 2018.
Video 25 Jun 2017
Globalisation: real and financial
Presentation on the BIS Annual Report by Mr Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on the occasion…
Video 27 Apr 2017
Global liquidity and procyclicality
In his presentation, Hyun Song Shin examines why global financial conditions are so attuned to the strength of the dollar, and…
Video 13 Apr 2017
Twenty years after the Asian Financial Crisis: remaining challenges for monetary and financial stability
In his speech, Hyun Song Shin discusses the current state of the global dollar funding network, and the challenges posed by…
Video 1 Jul 2016
Everything old is new again: the comeback of capital controls
Being able to move money across borders seems as central to globalisation as free trade, but it was not always so. Now the…
Video 28 Jun 2016
Regulation and structural change in financial systems
Hyun Song Shin discusses Claessen's paper "Regulation and structural change in financial systems", emphasising two key messages…
Video 26 Jun 2016
Liquidity, leverage and macro risk
In his presentation, Hyun Song Shin highlights a main message of the Annual Report: apparently disparate issues can be…
Video 8 Jun 2016
Global liquidity and procyclicality
BIS data show that the euro and yen may be starting to take on the features of an international funding currency, following in…
Video 4 Dec 2015
Uneasy calm awaiting lift-off
Media briefing for the December 2015 BIS Quarterly Review.

All podcasts (40)

00:35:42
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Podcast 18 Sep 2023
Media briefing on the BIS Quarterly Review, September 2023
Claudio Borio and Hyun Song Shin summarise the September 2023 Quarterly Review and answer journalists' questions about…
0:00 0:00
00:41:19
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Podcast 31 Aug 2023
New financial stability risks
Interview with Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on the main risks to the global economy, bond…
0:00 0:00
00:26:12
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Podcast 11 Jul 2023
The Impact of Tokenization on the Monetary System and the Need for Tokenized Central Banks
Hyun Song Shin talks with Michael Casey and Sheila Warren of Coindesk's 'Money Reimagined' about tokenisation and the unified…
0:00 0:00
00:44:33
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Podcast 7 Jul 2023
Unified Ledgers, Tokenized Deposits, and Governance
Hyun Song Shin speaks to Chris Brummer about tokenization, payments and the possible future of central banking.
0:00 0:00
00:29:46
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Podcast 20 Jun 2023
Improving the old, enabling the new
Hyun Song Shin explains the main elements of the unified ledger and how tokenisation can be a game changer for the monetary…
0:00 0:00
00:39:50
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Podcast 24 Feb 2023
Media briefing on the BIS Quarterly Review, March 2023
Claudio Borio and Hyun Song Shin summarize the March 2023 Quarterly Review and answer journalists' questions about market…
0:00 0:00
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Podcast 2 Dec 2022
Persistent risks in foreign exchange trades, hidden dollar debt
Claudio Borio and Hyun Song Shin brief the media on the key takeaways of the BIS December 2022 Quarterly Review and answer…
0:00 0:00
00:42:39
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Podcast 2 Nov 2022
The strengthening US dollar: impacts and policy implications
Interview with Hyun Song Shin, Economic Adviser and Head of Research of the BIS, on the strength of the US dollar conducted by…
0:00 0:00
00:23:30
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Podcast 19 Sep 2022
Markets swing on changing perceptions of the policy outlook: BIS Quarterly Review
Claudio Borio and Hyun Song Shin summarize the September 2022 Quarterly Review and answer journalists' questions about market…
0:00 0:00

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