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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 external publications (128)

All speeches (66)

All videos (103)

Video 24 Jun 2020
Central banks and payments in the digital era
Hyun Song Shin discusses how central banks must keep evolving to meet the challenge of rapidly accelerating digital innovation,…
Video 23 Jun 2020
Central banks and payments in the digital era: media briefing on Chapter III of the Annual Economic Report 2020
Shin and Cœuré brief the media on the main messages of the special chapter of the Annual Economic Report.
Video 1 Mar 2020
Capital flows and "original sin redux"
Hyun Song Shin explains why borrowing in local currency has not made emerging markets immune to a pandemic-induced financial…
Video 3 Jan 2020
2020 AFA panel session: Fintech, financial stability and regulation
Examines issues surrounding the rise of fintechs, including the effects on financial stability, competition and financial…
Video 30 Jun 2019
Big tech in finance: opportunities and risks
Hyun Song Shin discusses big tech and finance, Facebook's Libra announcement and associated topics.
Video 30 Jun 2019
Big tech in finance: opportunities and risks
Hyun Song Shin discusses the entry of big tech companies into financial services and the new challenges this poses for…
Video 10 Apr 2019
Global imbalances and the international footprint of firms: what role for exchange rates?
The accounting basis for macroeconomics is looking increasingly creaky in an age of global firms and global value chains. Key…
Video 12 Nov 2018
We are living in a world with interconnected balance sheets, says BIS's Shin
Hyun Song Shin (Economic Adviser and Head of Research) speaks to Bloomberg about emerging market economies 20 years after the…
Video 24 Jun 2018
Cryptocurrencies and the economics of money
Hyun Song Shin explains why, despite all the hype, cryptocurrencies are a far cry from money.

All podcasts (40)

00:35:19
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Podcast 29 Jun 2022
Crypto, CBDCs, and designing money
Hyun Song Shin speaks to Chris Brummer about crypto, CBDCs, and designing money. More information about the podcast is…
0:00 0:00
00:17:30
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Podcast 21 Jun 2022
The future monetary system
What will the future of the monetary system look like? Hyun Song Shin presents a blueprint for the future monetary system as…
0:00 0:00
00:48:37
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Podcast 14 Jan 2022
The BIS in the age of digital money
Hyun Song Shin explains the role BIS plays in connecting central banks around the world to facilitate economic and financial…
0:00 0:00
00:47:08
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Podcast 24 Jun 2021
CBDCs and the future of central banking
Hyun Song Shin discusses the future of central bank digital currencies, as outlined in Chapter III of the 2021 Annual Economic…
0:00 0:00
00:29:55
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Podcast 23 Jun 2021
CBDCs - an opportunity for the monetary system
Benoit Coeuré and Hyun Song Shin discuss Chapter 3 of the Annual Economic Report on CBDCs and how the BIS sees them best…
0:00 0:00
00:26:41
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Podcast 23 Jun 2021
CBDCs: the BIS' annual overview
Hyun Song Shin discusses how central bank digital currencies can contribute to an open, safe and competitive monetary system…
0:00 0:00
00:45:47
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Podcast 2 Jul 2020
What central banks have learned from the crisis
Hyun Song Shin discusses the new policymaker toolbox that has emerged during the coronavirus crisis and what more needs to be…
0:00 0:00
00:10:49
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Podcast 24 Jun 2020
Central banks and payments in the digital era
Hyun Song Shin discusses how central banks, as guardians of the safety and integrity of the payment system, must keep evolving…
0:00 0:00
00:11:45
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Podcast 18 Dec 2019
The BIS Innovation Hub explained
Hyun Song Shin explains how the BIS Innovation Hub, a new project designed to support central bank collaboration on new…
0:00 0:00

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