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Stephen S. Roach

Stephen S. Roach

Writing for PS since 2011
164 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 Rebalancing Imperative
    op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images

    China’s Rebalancing Imperative

    Apr 19, 2024 Stephen S. Roach explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

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  1. tharoor190_R. SATISH BABUAFP via Getty Images_india elections R. SATISH BABU/AFP via Getty Images
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    Might Modi Lose?

    Shashi Tharoor predicts that the ruling Bharatiya Janata Party will perform worse than expected in India’s general election.
  2. sierakowski108_Steffen KuglerBundesregierung via Getty Images_tuskscholzmacron Steffen Kugler/Bundesregierung via Getty Images
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    The European Union’s New Triumvirate

    Sławomir Sierakowski sees France, Germany, and Poland setting a new strategic course for the bloc.
  3. bardhan12_ TAUSEEF MUSTAFAAFP via Getty Images_bjp TAUSEEF MUSTAFA/AFP via Getty Images
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    The Popular Decimation of India’s Democracy

    Pranab Bardhan examines the shrewd tactics and false narratives that underpin broad support for Prime Minister Narendra Modi.
  4. posner32_Getty Images_contract Getty Images
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    Why Non-Compete Clauses Should Be Banned

    Eric Posner explains why the arguments in favor of legally binding employees to firms ultimately fall flat.
  5. op_drchowdhury1_ IDREES MOHAMMEDAFP via Getty Images_modiindiaelection Idrees Mohammed/AFP via Getty Images
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    India’s Despotic Election

    Debasish Roy Chowdhury

    For the past decade, Indian Prime Minister Narendra Modi has been eroding civil liberties and minority rights, curtailing dissent, undermining democratic institutions, and building a cult of personality. The ongoing national election must be understood in this context.

     explains how Prime Minister Narendra Modi has eroded democratic safeguards and stacked the deck in his favor.
  6. klee19_Gerhard JorenLightRocket via Getty Images_hyundaimanufacturing Gerhard Joren/LightRocket via Getty Images
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    What Fiscally Sound Industrial Policy Can Do

    Keun Lee highlights three tools that can support domestic-market growth and development without breaking the bank.
  7. boskin94_Elijah NouvelageGetty Images_voting ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
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    Why Voters Are Unhappy About the Biden Economy

    Michael J. Boskin explains why Americans do not share the White House’s rosy assessment of its economic track record.
  8. ginsberg1_Tayfun CoskunAnadolu Agency via Getty Images_january6journalistviolence Tayfun Coskun/Anadolu Agency via Getty Images
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    Our Freedoms Depend on Press Freedom

    Jodie Ginsberg warns that the increased targeting of journalists and the media is a key indicator of democratic erosion.
  9. balasegaram2_JOHN WESSELSAFP via Getty Images_africaflood John Wessels/AFP via Getty Images
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    Climate Change Is a Worse Health Threat Than We Think

    Manica Balasegaram warns that the world is underestimating the extent to which global warming will fuel antimicrobial resistance.

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