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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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    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.
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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.
  3. halland9_FREDRIK VARFJELLNTBAFP via Getty Images_norwaynaturalgas Fredrik Varfjell/NTB/AFP via Getty Images
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    Norway Is a Ukraine War Profiteer

    Håvard Halland & Knut Anton Mork

    The Norwegian finance ministry recently revealed just how much the country has benefited from Russia's invasion of Ukraine, estimating its windfall natural-gas revenues for 2022-23 to be around $111 billion. Yet rather than transferring these gains to those on the front line, the government is hoarding them.

     argue that the country should give its windfall gains from gas exports to those on the front lines.
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    Navigating the Risks of Digital Public Infrastructure

    Carl Gahnberg calls for guardrails and policy guidelines to prevent governments from abusing the policy paradigm.
  5. gill10_Nhac NguyenGettyImages_vietnam_street_vendor Nhac Nguyen/Getty Images
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    Services Are the New Road to Development

    Indermit Gill & Aaditya Mattoo explain why developing countries need a new paradigm to replace the old manufacturing-led model.
  6. dalay4_GAVRIIL GRIGOROVPOOLAFP via Getty Images_putin Gavril Griforov/POOL/AFP via Getty Images
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    Russia Just Lost Its Great-Power Status

    Galip Dalay explains why the fall of Syrian dictator Bashar al-Assad has diminished the Kremlin’s global influence.
  7. moyo30_sesameGetty Images_philanthropy sesame/Getty Images
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    Twelve Questions for Philanthropists

    Dambisa Moyo offers practical advice to those who want to contribute effectively to charitable causes.
  8. op_aschecter1_Westend61Getty Images_books Westend61/Getty Images
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    PS Commentators’ Best Reads in 2024

    PS editors

    At the end of a year of domestic and international upheaval, Project Syndicate commentators share their favorite books from the past 12 months. Covering a wide array of genres and disciplines, this year’s picks provide fresh perspectives on the defining challenges of our time and how to confront them.

     ask Project Syndicate contributors to select the books that resonated with them the most over the past year.
  9. seid1_Reinhard Dirscherlullstein bild via Getty Images_seagrass Reinhard Dirscherlullstein bild via Getty Images
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    The World Needs Ocean-Based Climate Solutions

    Ilana Seid calls for creative mechanisms for financing investment in our planet’s largest carbon sink.

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