Governor Talks: Korea's Monetary Policy Challenges in the Context of the Combination of the AI Upcycle and Conflict in the Middle East

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Governor Talks: Korea's Monetary Policy Challenges in the Context of the Combination of the AI Upcycle and Conflict in the Middle East

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Governor Shin will speak about Asia and Korea’s policy challenges amid various forces shaping the global and regional outlook including related to the combination of the global AI upcycle and the uncertainty from the conflict in the Middle East. In particular, he will discuss how the Bank of Korea is balancing policy tradeoffs related to its commitment to low inflation, exchange rate flexibility and financial sector stability in this uncertain global context.

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Hyung-Song Shin

Governor of the Bank of Korea Hyun-Song Shin currently serves as the Governor of the Bank of Korea (BOK) and the Chairman of its Monetary Policy Board. He is widely recognized for his extensive expertise in economics, public policy, and finance, having worked in academia, international institutions, and government. Before joining the BOK, he held several prominent roles at the Bank for International Settlements (BIS). He served as Head of the Monetary and Economic Department from 2025 to 2026 and Head of the Research Department from 2014 to 2025, while serving as BIS Economic Adviser (2014-2026). In Korea, he served as Senior Adviser to the Korean president in 2010, while on leave from Princeton, playing a leading role in formulating financial stability policy and shaping the agenda during Korea’s G20 presidency. Academically, from 2006 to 2014, he was the Hughes-Rogers Professor of Economics at Princeton University. Prior to Princeton, he was Professor of Finance at the London School of Economics (2000-2006), having returned to the University of Oxford as a University Lecturer (1996-2000). Before that, he briefly served as Professor of Economics at the University of Southampton (1994-1996). He began his academic career as a Tutorial Fellow at University College, Oxford. He earned his DPhill (1988) and MPhill (1987) in Economics from Nuffield College, Oxford, and a BA in Philosophy, Politics and Economics, also from Magdalen College, Oxford, in 1985. Krishna SrinivasanDirector of the Asia and Pacific Department, IMF

Krishna Srinivasan

Director of the Asia and Pacific Department, IMF Krishna Srinivasan is the Director of the IMF’s Asia and Pacific Department (APD). In this capacity, he oversees the institution’s work on 37 countries in the Asia-Pacific region. He was previously a Deputy Director in the Western Hemisphere Department (WHD), served in the European and Research Departments before that, and has been with the IMF since 1994. He has published several papers both at the IMF and in leading academic journals, and co-edited many books. He secured his PhD in International Finance from Indiana University and a post-graduate degree from the Delhi School of Economics, India. Hyung-Song ShinGovernor of the Bank of Korea