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Stephen S. Roach

Stephen S. Roach

Writing for PS since 2011
172 commentaries
1 videos & podcasts

Stephen S. Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, is the author of Unbalanced: The Codependency of America and China (Yale University Press, 2014) and Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022).

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  1. China’s Struggles with a Consumer Society
    roach173_CFOTOFuture Publishing via Getty Images_chinashopping C FOTO/Future Publishing via Getty Images

    China’s Struggles with a Consumer Society

    Dec 19, 2024 Stephen S. Roach wonders whether the country’s political system is at odds with the values underpinning affluent societies.

  2. Asia in Denial
    roach172_Anthony KwanGetty Images_asia economy Anthony Kwan/Getty Images

    Asia in Denial

    Nov 26, 2024 Stephen S. Roach warns of misguided optimism about the state of China’s economy and Donald Trump’s tariff agenda.

  3. Sinophobia and US Election Lies
    roach171_David McNewStringerGettyImages_antichina_trump_supporter David McNew/Stringer/Getty Images

    Sinophobia and US Election Lies

    Oct 28, 2024 Stephen S. Roach laments that facts – especially about China – are in short supply as the presidential race tightens.

  4. China Is Missing in America’s Election Debate
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    China Is Missing in America’s Election Debate

    Sep 25, 2024 Stephen S. Roach laments the US presidential candidates’ unwillingness to discuss constructive solutions to tough problems.

  5. Could Kamala Harris Be the Next Richard Nixon?
    roach169_Tom WilliamsCQ-Roll Call, Inc via Getty Images_harris Tom Williams/CQ-Roll Call, Inc via Getty Images 
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    Could Kamala Harris Be the Next Richard Nixon?

    Aug 19, 2024 Stephen S. Roach suggests that Tim Walz’s nuanced views on China could influence the Democratic nominee’s foreign policy.

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  1. adebajo12_FADEL SENNAAFP via Getty Images_USmilitaryafrica Fadel Senna/AFP via Getty Images
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    What Trump’s Return Means for Africa

    Adekeye Adebajo expects a continuation of America's longstanding attitude of benign neglect toward the continent.
  2. hodgkins1_Ulet IfansastiGetty Images_mine Ulet Ifansasti/Getty Images
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    The False Promise of “Responsible Mining”

    Chelsea Hodgkins lambasts a corporate-led voluntary global standard that would harm communities and pose risks for automakers.
  3. elerian175_Spencer PlattGetty Images_nyse Spencer Platt/Getty Images
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    A Baseline Scenario for the Global Economy in 2025

    Mohamed A. El-Erian

    In 2024, global geopolitics and national politics have undergone considerable upheaval, and the world economy has both significant weaknesses, including Europe and China, and notable bright spots, especially the US. In the coming year, the range of possible outcomes will broaden further.

     offers his predictions for the new year while acknowledging that the range of possible outcomes is widening.
  4. ruto6_LUIS TATOAFP via Getty Images_africafloods Luis Tato/AFP via Getty Images
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    A New Deal for Developing Countries

    William Ruto explains what climate-vulnerable Africa will need to strengthen their resilience and sustain economic growth.
  5. mazzucato78_James Glossop - WPA PoolGetty Images_starmerinvestment James Glossop/WPA/Pool/Getty Images
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    Good Growth Requires Getting Public-Private Partnerships Right

    Mariana Mazzucato worries that a recently unveiled industrial strategy is not structured properly.
  6. delong266_Michael SwensenGetty Image_musk Michael Swensen/Getty Images
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    American Idiots

    J. Bradford DeLong considers the implications of Donald Trump and friends' effort to orchestrate an unnecessary government shutdown.
  7. fischer223_Alexander KoernerGetty Images_bundeswehr Alexander Koerner/Getty Images
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    Putin’s Setbacks Are Cold Comfort for Europe

    Joschka Fischer considers the implications of Russia's loss in Syria and Donald Trump's imminent return to the White House.
  8. brown115_WAKIL KOHSARAFP via Getty Images_afghanistanwomen Wakil Kohsar/AFP via Getty Images
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    Gender Apartheid Is a Crime Against Humanity

    Gordon Brown urges global policymakers to address the Afghan regime’s egregious violations of women and girls' rights.
  9. Matt Gush/Getty Images
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    The US Economy’s Trust Deficit

    Michael Spence considers the causes and consequences of Americans’ declining faith in media and government.

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