Governor Talks

Governor Chang Yong Rhee on Bank of Korea’s Innovative Approach

CHANG YONG RHEE

December 11, 2025

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CHANG YONG RHEE - Governor Chang Yong Rhee on Bank of Korea’s Innovative Approach
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In This Episode

Price stability is the main goal for central banks, and monetary policy is how they achieve it. However, societies are always in flux, and central bankers who pay close attention to emerging trends are more likely to make better policy decisions. Bank of Korea Governor Chang Yong Rhee has expanded the scope of research to include structural issues like population aging to better understand the changing dynamics of Korea’s economy. Before becoming Governor in 2022, Mr. Rhee held several senior roles in global financial institutions, including the IMF.

Watch the webcast of the 2025 Michel Camdessus Central Banking Lecture

CHANG YONG RHEE is Governor of the Bank of Korea and former director of the IMF’s Asia and Pacific Department.

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International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

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Jeff Kearns

JEFF KEARNS is on the staff of Finance & Development.

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