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Stephen S. Roach

Stephen S. Roach

Writing for PS since 2011
163 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 Stifles Its Own Debate
    roach164_PEDRO PARDOPEDRO PARDOPOOLAFP via Getty Images_china development forum PEDRO PARDO/POOL/AFP via Getty Images

    China Stifles Its Own Debate

    Apr 12, 2024 Stephen S. Roach bemoans the transformation of the country’s most important platform for open dialogue into a schmooze-fest.

  2. American Sinophobia
    roach163_ROBERTO SCHMIDTAFP via Getty Images_mikegallagher Roberto Schmidt/AFP via Getty Images

    American Sinophobia

    Mar 27, 2024 Stephen S. Roach warns that fear has driven US policymakers to level a litany of unsubstantiated charges against China.

  3. The Drums of US-China Cyber War
    roach162_Kevin DietschGetty Images_christopherwray Kevin Dietsch/Getty Images

    The Drums of US-China Cyber War

    Feb 27, 2024 Stephen S. Roach worries that irrational Sinophobia has become America's new bipartisan political orthodoxy.

  4. China’s Imagination Deficit
    roach161_Tao ZhangGetty Images_china Tao Zhang/Getty Images

    China’s Imagination Deficit

    Jan 26, 2024 Stephen S. Roach warns that the government’s response to tough problems is being driven by stale tactics and ideology.

  5. The Myth of the Unprecedented
    roach160_Jie ZhaoCorbis via Getty Images_chinastockmarketcrash Jie Zhao/Corbis via Getty Images

    The Myth of the Unprecedented

    Dec 21, 2023 Stephen S. Roach looks back on his 50 years of forecasting and finds that “exceptional” crises have been the norm.

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  1. fischer215_Mostafa AlkharoufAnadolu via Getty Images_tel aviv iran attack Mostafa Alkharouf/Anadolu via Getty Images

    The Gaza War Goes Global

    Joschka Fischer

    The escalating war in the Middle East must be understood in a broader context. The fact that the Iranian regime felt emboldened to risk a direct strike on Israel attests to a changing world order in which Western power is increasingly open to challenge.

    considers the implications of Iran’s unprecedented decision to launch a direct strike on Israeli territory.
  2. nyirinkindi1_ISAAC KASAMANIAFP via Getty Images_women phone fintech ISAAC KASAMANI/AFP via Getty Images

    Gender-Neutral Fintech Isn’t Working for Women

    Emmanuel Nyirinkindi & Jessica Schnabel show that the industry is not fully delivering on its promise to accelerate financial inclusion.
  3. evans72_Alex WongGetty Images_palestine statehood Alex Wong/Getty Images

    The Urgency of Palestinian Statehood

    Gareth Evans explains why formal international recognition is crucial to ending the intolerable status quo.
  4. schiffrin10_Mark WilsonGetty Images_journalists Mark Wilson/Getty Images

    Quality Journalism Is More Important than Ever

    Anya Schiffrin, et al. explain how policymakers can support rigorous, objective reporting, just as they provide other public goods.
  5. wei60_MANJUNATH KIRANAFP via Getty Images_india population MANJUNATH KIRAN/AFP via Getty Images

    Is India’s Economy Overhyped?

    Shang-Jin Wei argues that the country’s rapid development, while undeniable, conceals deeper structural problems.
  6. krake1_Celal GunesAnadolu via Getty Images_spring meetings Celal Gunes/Anadolu via Getty Images

    Negotiating a Bigger, Better World Bank

    Michael Krake & Wempi Saputra explain how a new framework will nudge countries to invest in projects that deliver global public goods.
  7. redford1_Getty Images_earth conservation Getty Images

    The Ozone Layer’s Recovery Shows How to Protect the Planet

    Robert Redford & Xiye Bastida highlight the critical role of international cooperation in preserving the planet’s habitability.
  8. kuttab59_AFP via Getty Images_hamas war AFP via Getty Images

    The Middle East Needs a Ceasefire Now

    Daoud Kuttab explains why the latest escalation could lead to a truce instead of an all-out military showdown.
  9. moreiradasilva2_JOHN WESSELSAFP via Getty Images_internally displaced mozambique JOHN WESSELS/AFP via Getty Images

    Overcoming the Development-Project Implementation Gap

    Jorge Moreira da Silva highlights ways to strengthen the International Development Association’s already-powerful impact.

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