Stephen S. Roach
Stephen Roach | |
|---|---|
| Born | September 16, 1945 |
| Occupation(s) | Economist, academic |
| Years active | 1972–present |
| Known for | Chief economist of Morgan Stanley, chairman of Morgan Stanley Asia, senior fellow at Yale University |
Stephen Samuel Roach (born September 16, 1945) is a distinguished American economist. He holds the position of senior fellow at the Jackson Institute for Global Affairs at Yale University and serves as a senior lecturer within the Yale School of Management. Previously, he was the chairman of Morgan Stanley Asia and also acted as chief economist for Morgan Stanley, the investment bank headquartered in New York City.
Career
Roach completed his undergraduate studies in economics at the University of Wisconsin–Madison in 1968, followed by earning a PhD in economics from New York University.
Following his doctoral degree, he worked as a research fellow at the Brookings Institution in Washington, D.C. Between 1972 and 1979, Roach was employed as a staff economist at the Federal Reserve Board, where he managed official Federal Reserve economic forecasts for the United States. From 1979 until his transition to Morgan Stanley in 1982, he held the role of vice president responsible for economic analysis at the Morgan Guaranty Trust Company located in New York.
During more than three decades at Morgan Stanley, Roach functioned as chief economist starting in 1982 and directed a global network of economists based in financial centers such as New York, London, Tokyo, Hong Kong, Singapore, and Paris. He was chairman of Morgan Stanley Asia from 2007 to 2010 and subsequently served as Non-Executive Chairman for Morgan Stanley Asia until 2012. Since mid-2010, he has been affiliated with Yale University as a Senior Fellow.
In 2009, economist Dirk Bezemer recognized Roach among the first to foresee the 2008 financial crisis.
Personal life
Roach lives with his spouse in New Canaan, Connecticut.
Work
Roach regularly authors monthly opinion pieces for the international platform Project Syndicate.
- Roach, Stephen, The Next Asia: Opportunities and Challenges for a New Globalization (Wiley, 2009)
- Roach, Stephen, Unbalanced: The Codependency of America and China (Yale University Press, 2014)
- Roach, Stephen, Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022)
External links
- Archive of columns at Project Syndicate
- Collection of articles at The Globalist
- Articles archive at Aljazeera
- Video featuring Stephen Roach discussing The Next Asia presented by the Asia Society in New York on September 30, 2009
- Pages with script errors
- Articles with short description
- Articles with hCards
- No local image but image on Wikidata
- 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