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Stephen S. Roach

Stephen S. Roach

Writing for PS since 2011
158 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. Biden and Xi Pick the Low-Hanging Fruit
    roach159_BRENDAN SMIALOWSKIAFP via Getty Images_bidenxi Brendan Smialowski/AFP via Getty Images

    Biden and Xi Pick the Low-Hanging Fruit

    Nov 17, 2023 Stephen S. Roach explains why the US and Chinese presidents managed to make progress on the issues they did in San Francisco.

  2. A Better Biden-Xi Summit?
    roach158_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images

    A Better Biden-Xi Summit?

    Oct 26, 2023 Stephen S. Roach proposes three objectives to pursue at a possible meeting between the US and Chinese presidents in November.

  3. American Tactics vs. Chinese Strategy
    roach157_CFOTOFuture Publishing via Getty Images_mate60 pro CFOTO/Future Publishing via Getty Images

    American Tactics vs. Chinese Strategy

    Sep 27, 2023 Stephen S. Roach warns that short-termism will never be enough to offset the long-term benefits of strategic thinking.

  4. China’s Policy Paralysis
    roach156_ JOHANNES EISELEAFP via Getty Images_chinese debt JOHANNES EISELE/AFP via Getty Images

    China’s Policy Paralysis

    Aug 24, 2023 Stephen S. Roach argues that the government’s muted stimulus is an attempt to wean itself off debt-intensive economic growth.

  5. US-China Decoupling by the Numbers
    roach155_Justin SullivanGetty Images_us china trade war Justin Sullivan/Getty Images

    US-China Decoupling by the Numbers

    Jul 26, 2023 Stephen S. Roach warns that targeted bilateral actions will not resolve, and could worsen, America’s outsize trade deficit.

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  1. sierakowski103_WOJTEK RADWANSKIAFP via Getty Images_pis WOJTEK RADWANSKI/AFP via Getty Images

    Poland’s Democratic Rebirth Pains

    Sławomir Sierakowski describes the rapid marginalization of the recently defeated Law and Justice party and its autocratic leader.
  2. mateen1_Robert CianfloneGetty Images_facebook news Robert Cianflone/Getty Images

    What Google and Facebook Owe News Publishers

    Haaris Mateen, et al. support laws requiring Big Tech to pay media companies for the content featured on their digital platforms.
  3. haass162_BettmannContributorGetty Images kissinger Bettmann / Contributor Getty Images

    The Legacy of Henry Kissinger

    Richard Haass

    The passing of America’s preeminent foreign-policy thinker and practitioner marks the end of an era. Throughout his long and extraordinarily influential career, Henry Kissinger built a legacy that Americans would be wise to heed in this new era of great-power politics and global disarray.

    reviews the life and career of America’s preeminent foreign-policy scholar-practitioner.
  4. yu74_JOHANNES EISELEAFP via Getty Images_ china real estate JOHANNES EISELE/AFP via Getty Images)

    Fixing China’s Real-Estate Sector

    Yu Yongding suggests three measures the government can take to address property developers’ deteriorating finances.
  5. zizek25_MAHMUD HAMSAFP via Getty Images_israel palestine MAHMUD HAMS/AFP via Getty Images

    The New Roots of Anti-Semitism

    Slavoj Žižek worries that Zionist fundamentalism is exacerbating the problem it purports to solve.
  6. ghosh71_Seth Sidney BerrySOPA ImagesLightRocket via Getty Images_honduras Seth Sidney Berry/SOPA Images/LightRocket via Getty Images

    When Investors Subvert States

    Jayati Ghosh urges policymakers to end the undemocratic practice of allowing multinationals to sue sovereign countries.
  7. espinosa5_Joe RaedleGetty Images_solar panels Joe Raedle/Getty Images)

    Accelerating Latin America’s Clean-Energy Revolution

    Patricia Espinosa & Lourdes Melgar tout the huge opportunities and identify the main challenges of the transition to renewables in the region.
  8. acemoglu66_Michael M. SantiagoGetty Images_trump protest Michael M. Santiago/Getty Images

    What Anti-Trumpism Is Missing

    Daron Acemoglu urges Democrats to support working-class interests and priorities after many years of neglect.
  9. elerian161_Getty Images_global economy Getty Images

    Beware the New Consensus on the Global Economy

    Mohamed A. El-Erian worries that domestic political divisions and market volatility could exacerbate financial vulnerabilities.

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