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)

BIS Working Paper No 519 9 Oct 2015

The hunt for duration: not waving but drowning?

Long-term interest rates in Europe fell sharply in 2014 to historically low levels. This development is often attributed to…

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Hyun Song Shin

Governor, Bank of Korea

All BIS publications (77)

The hunt for duration: not waving but drowning?

Global dollar credit and carry trades: a firm-level analysis

Investor redemptions and fund manager sales of emerging market bonds: how are they related?

Comparative assessment of macroprudential policies

Oil and debt

Cross-border banking and global liquidity

The international monetary and financial system: a capital account historical perspective

Capital Flows and the Risk-Taking Channel of Monetary Policy

Financial intermediation and the post-crisis financial system

All external publications (128)

Depth of knowledge and the effect of higher order uncertainty

The burden of proof in a game of persuasion

Representing the knowledge of turing machines

News management and the value of firms

Measuring the incidence of insider trading in a market for state-contingent claims

p-dominance and belief potential

Logical structure of common knowledge

A comment on a model of vertical product differentiation

Prices of state contingent claims with insider traders and the favourite longshot bias

All speeches (66)

On book equity: why it matters for monetary policy

Financial stability risks: old and new

The changing face of financial intermediation

All videos (103)

CBDCs and the challenges for central banks

Looking ahead: regulatory challenges

Central bank digital currencies

Financial resilience in the large and in the small

BIS Quarterly Review, December 2021 - Media briefing

CBDCs and the challenges for central banks

Decentralisation in digital finance: possibilities and limits

Have we avoided the Covid insolvency wave?

Not a financial crisis: revisiting old and new risks to financial stability in the recovery

All podcasts (40)

Media briefing on the BIS Quarterly Review, March 2026

Shifting currents in FX and interest rate derivatives

Media briefing on the BIS Quarterly Review, December 2025

Why the world started hedging its US Dollar exposure

Media briefing on the BIS Quarterly Review, September 2025

Stablecoins

Stability amid uncertainty

BIS Media Briefing - Annual Economic Report 2025

The next-generation monetary and financial system

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