Stephen Roach is a Senior Fellow at Yale University’s Jackson Institute of Global Affairs and a Senior Lecturer at Yale's School of Management. He was formerly Chairman of Morgan Stanley Asia and the firm's Chief Economist for the bulk of his 30-year career at Morgan Stanley. Mr. Roach's current teaching and research program focuses on the impacts of Asia on the broader global economy.
His writing and research also addresses globalization, trade policy, the post-crisis policy architecture, and the capital markets implications of global imbalances.

Roach's opinions on the global economy have been known to shape the policy debate from Beijing to Washington. His new book, Unbalanced: The Codependency of America and China (Yale University Press) examines the risks and opportunities of what is likely to be the world's most important economic relationship of the 21st century. The Next Asia: Opportunities and Challenges for a New Globalization (Wiley), analyzes Asia's economic imbalances and the dangers of the region's excess dependence on overextended Western consumers.

Prior to joining Morgan Stanley in 1982, Mr. Roach served on the research staff of the Federal Reserve Board and was also a research fellow at the Brookings Institution. He holds a Ph.D. in economics from New York University.