Stephen Roach is a Senior Fellow at Yale University’s Jackson Institute of Global Affairs and a senior lecturer at Yale SOM. 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 Asia’s impact on the global economy. At Yale, he has introduced new courses for undergraduates and graduate students on the “The Next China” and “The Lessons of Japan.” His writing and research also addresses globalization, trade policy, the post-crisis policy architecture, and the capital markets implications of global imbalances.

His most recent book, Unbalanced: The Codependency of America and China (Yale University Press, 2014) lays bare the pitfalls and the opportunities of the current China-U.S. economic relationship.

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 PhD in economics from New York University.