Stephen Roach

Stephen Roach

Stephen S. Roach is one of the most respected economists of his generation and one of a handful of analysts to anticipate the global financial crisis. As Non-Executive Chairman of Morgan Stanley Asia he works with Asian governments and business at the highest levels.   

During his 25-year career as an economist at Morgan Stanley, Mr. Roach was widely recognized as one of Wall Street’s most influential thought leaders.  His recent research focuses on globalization, the emergence of China and India, and the capital market implications of global imbalances.  He has long advised governments and policy makers around the world and frequently presents expert testimony to the U.S. Congress.  He is the author of Stephen Roach on The Next Asia.

He has also served in a senior capacity on the research staff of the Federal Reserve Board in Washington, D.C., and as a research fellow at the Brookings Institution in Washington, D.C.  Mr. Roach holds a Ph.D. in economics from New York University.  He is also a lecturer at Yale University.

“Many believe the Asian century is at hand. Such celebration may be premature.”

- Stephen Roach


“Chinese authorities have a completely different approach in dealing with matters of asset bubbles, credit bubbles…they are preemptive, the U.S. is reactive.”

- Stephen Roach