Stephen Roach On The Next Asia: Opportunities And Challenges For A New Globalization

0.0

In the end, we are all products of the roads we travel. In the case of Stephen Roach, it's been the global road. He has criss-crossed the world as Morgan Stanley's first global economist, and most recently his journeys have increasingly led to Asia, at first because of events, but ultimately as a reflection of the allure and intrigue of this incredibly dynamic region for global investors. The global macro call--both for economies and financial markets -- became increasingly dependent on Asia. And getting Asia right has become Roach's personal obsession. This book represents more than 50 of Roach's key research papers, not just on Asia, but also how the region fits into the broad global context of the globalization of investing and financial markets around the world.

0.0

Stephen S. Roach is Chairman of Morgan Stanley Asia, serving as the firm's senior representative to clients, governments, and regulators across the region. Prior to his appointment as Asia Chairman in June 2007, Roach was Morgan Stanley's chief economist, heading up the firm's highly regarded global team of economists located in New York, London, Frankfurt, Paris, Tokyo, Hong Kong, and Singapore. During his 25-year career as a Senior and Chief Economist at Morgan Stanley, Roach was widely recognized as one of Wall Street's most influential thought leaders. His recent research has focused on globalization, the emergence of China and India, and the capital market implications of global imbalances. He is widely quoted in the financial press and other media, and has been a leading contributor on the op-ed pages of the world's leading newspapers. He has long advised governments and policy makers aroundthe world and frequently presents expert testimony to the U.S. Congress. Before joining Morgan Stanley in 1982, Roach was vice president for economic analysis for the Morgan Guaranty Trust Company. He also served in a senior capacity on the research staff of the Federal Reserve Board in Washington, D.C. from 1972-1979. Prior to that, he was a research fellow at the Brookings Institution in Washington, D.C. Roach holds a Ph.D. in economics from New York University and a Bachelor's degree in economics from the University of Wisconsin. Table of Contents Acknowledgments. Introduction. Chapter 1 A World In Crisis. Chapter 2 The Globalization Debate. Chapter 3 Chinese Rebalancing. Chapter 4 Pan-Asian Challenges. Chapter 5 U.S.-China Tensions. Index.