Hélène Rey — Economic Adviser and Head of Monetary and Economic Department (effective September 2026) · BIS (Bank for International Settlements)

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Hélène Rey is

Economic Adviser and Head of the Monetary and Economic Department at the. BIS on leave from

London Business School.

Until 2007, she was at Princeton University, as Professor of Economics and International Affairs in the Economics Department and the Woodrow Wilson School. She is a member of the Haut Conseil de Stabilité Financière since 2014. She was a member of the Conseil d’Analyse Economique until 2012 and on the Board of the Autorité de Contrôle Prudentiel et de Résolution (2010-2014). She is President elect of the European Economic Association, an elected Fellow of the British Academy, of the Econometric Society, of the American Academy of Arts and Sciences, a Foreign Honorary Member of the American Economic Association and a correspondant of the Académie des Sciences Morales et Politiques. She was made O.B.E for services to economics. She is a member of the Group of Thirty, of the Bellagio Group on the international economy and a member of the external advisory group to the managing director of the IMF. She is a co-author of many policy reports on European issues (for the Commission...), on the international monetary system (for the G20,...), on the climate transition in China, etc...

She writes a regular column for the French newspaper Les Echos. Her research focuses on the determinants and consequences of external trade and financial imbalances, financial crises and the organization of the international monetary system. She introduced the concept of Global Financial Cycles and qualified the idea of the Mundellian Trilemma. She was awarded an Alfred P. Sloan Research Fellowship, the 2006 Bernácer Prize and the 2012 inaugural Birgit Grodal Award of the European Economic Association. In 2013 she received the Yrjö Jahnsson Award

in 2014, the Inaugural Carl Menger Preis, the 2015 Prix Edouard Bonnefous, the 2017 Maurice Allais Prize, the 2020 Prix Turgot and the 2023 Adam Smith Award (US National Association of Business Economists). More information at

http://www.helenerey.eu/@helene_rey