Stephen S. Roach
Stephen S. Roach | |
---|---|
Born | September 16, 1945 |
Nationality | American |
Citizenship | United States |
Education | Economics |
Alma mater | University of Wisconsin–Madison New York University |
Occupation | economist |
Employer | Yale University |
Stephen Samuel Roach (born September 16, 1945) is an American economist. He serves as senior fellow at Yale University’s Jackson Institute for Global Affairs, and a senior lecturer at the Yale School of Management. He was formerly chairman of Morgan Stanley Asia, and chief economist at Morgan Stanley, the New York City-based investment bank. In 2009, Dirk Bezemer, a Professor of Economics at the University of Groningen in the Netherlands, noted that Roach was one of the earliest to have predicted the 2008 global financial crisis.[1]
Career[edit]
Roach holds a PhD in economics from New York University,[2] and a bachelor's degree in economics from the University of Wisconsin–Madison ('68).[3]
After earning his PhD, Roach was a research fellow at the Brookings Institution in Washington, D.C. Roach served as staff economist of the Federal Reserve Board in Washington, D.C.[2] from 1972 until 1979, supervising the preparation of the official Federal Reserve projections of the U.S. economy. From 1979 until joining Morgan Stanley in 1982, Roach was Vice President for Economic Analysis for the Morgan Guaranty Trust Company in New York.[4]
Roach was with Morgan Stanley for 30-plus years. He was the investment bank's chief economist[2] since 1982, serving as head of the firm's global team of economists in New York, London, Tokyo, Hong Kong, Singapore, and Paris.[5][6] From 2007-10 he was Chairman, Morgan Stanley Asia, from 2010-12 he was Non-Executive Chairman, Morgan Stanley Asia, and since mid-2010 he has been a Senior Fellow at Yale University.[4]
In 2009, Dirk Bezemer, a Professor of Economics at the University of Groningen in the Netherlands, noted that Roach was one of the earliest to have predicted the 2008 global financial crisis.[1]
He also writes monthly columns for international media organization Project Syndicate.[7]
Roach and his wife live in New Canaan, Connecticut.[8]
Books[edit]
- Roach, Stephen, Accidental Conflict: America, China, and the Clash of False Narratives, (Yale University Press 2022) ISBN 978-0-300-25964-3
- Roach, Stephen, Unbalanced: The Codependency of America and China (2014)[9][10]
- Roach, Stephen, The Next Asia: Opportunities and Challenges for a New Globalization, (Wiley 2009)
References[edit]
- ^ a b Quoted in Bezemer, Dirk (June 16, 2009). ""No One Saw This Coming": Understanding Financial Crisis Through Accounting Models" (PDF). uni-muenchen.de. Archived from the original (PDF) on April 15, 2015. Abstracted at https://mpra.ub.uni-muenchen.de/15892/.
- ^ a b c Stephen Roach, Yale School of Management web bio. Retrieved 2013-03-27.
- ^ "Stephen S. Roach". World Economic Forum.
- ^ a b "Stephen S. Roach | World Economic Forum". Weforum.org. Retrieved March 6, 2023.
- ^ "The Subprime Crisis: Canary in a Coal Mine?". Asia Society. September 25, 2007. Retrieved March 6, 2023.
- ^ "Stephen S. Roach"
- ^ "Stephen S. Roach - Project Syndicate". Project Syndicate. Retrieved October 19, 2017.
- ^ Dinan, Michael (May 13, 2014). "'America's Wake-Up Call': Q&A with New Canaan's Stephen Roach, Economist and Author". NewCanaanite.com. Retrieved March 6, 2023.
- ^ The China Challenge May 8, 2014 issue New York Review of Books
- ^ Stephen Roach (January 28, 2014). Unbalanced: The Codependency of America and China. Yale University Press. ISBN 978-0-300-18717-5.
External links[edit]
- Column archive at Project Syndicate
- Column archive at The Globalist
- Column archive at Aljazeera
- Appearances on C-SPAN
- Stephen S. Roach on Charlie Rose
- Stephen S. Roach collected news and commentary at The New York Times
- Video of Stephen Roach discussing 'The Next Asia' at the Asia Society in New York, September 30, 2009
- "Stephen Roach". JSTOR.
- 1945 births
- 20th-century American economists
- 21st-century American economists
- Brookings Institution people
- Economists from Connecticut
- Federal Reserve economists
- Living people
- Morgan Stanley people
- New York University alumni
- People from New Canaan, Connecticut
- University of Wisconsin–Madison College of Letters and Science alumni
- Yale School of Management faculty
- Yale University fellows