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Stephen S. Roach

Stephen S. Roach

Writing for PS since 2011
152 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. The AI Moment of Truth for Chinese Censorship
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    The AI Moment of Truth for Chinese Censorship

    May 24, 2023 Stephen S. Roach thinks the country is poorly positioned to capitalize on recent advances with large language models.

  2. The Economic Costs of America’s Conflict with China
    roach152_Anna MoneymakerGetty Images_janetyellen Anna Moneymaker/Getty Images

    The Economic Costs of America’s Conflict with China

    Apr 24, 2023 Stephen S. Roach highlights new research calculating output losses resulting from both sides' emphasis on national security.

  3. How China Benefits from Another US Banking Crisis
    roach151_ TIMOTHY A. CLARYAFP via Getty Images)_svb collapse TIMOTHY A. CLARY/AFP via Getty Images)

    How China Benefits from Another US Banking Crisis

    Mar 24, 2023 Stephen S. Roach thinks America’s latest financial trouble will reinforce a narrative of terminal national decline.

  4. Sleepwalking Toward Accidental Conflict
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    Sleepwalking Toward Accidental Conflict

    Feb 27, 2023 Stephen S. Roach compares current geopolitical conditions in Europe and Asia to the run-up to World War I.

  5. The Sino-American Tech Trap
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    The Sino-American Tech Trap

    Jan 24, 2023 Stephen S. Roach warns that relying on export restrictions without boosting R&D spending is a losing formula for the US.

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  1. basu92_Win McNameeGetty Images_samaltmanopenaisenate Win McNamee/Getty Images

    Governing the Unknown

    Kaushik Basu suggests a few principles to guide policymakers as they try to keep up with rapidly advancing technologies.
  2. oyebanji2_ PIUS UTOMI EKPEIAFP via Getty Images_lassa fever PIUS UTOMI EKPEI/AFP via Getty Images

    Fast-Tracking a Lassa Fever Vaccine

    Oyeronke Oyebanji outlines what West African governments can learn from the development and distribution of the COVID-19 jab.
  3. schleussner1_David McNewGetty Images_heatwave David McNew/Getty Images

    Climate Science Beats Climate Fatalism

    Carl-Friedrich Schleussner, et al. show that the more ambitious 1.5º target for global warming is still feasible – and more necessary than ever.
  4. benami202_Burak KaraGetty Images_erdogan Burak Kara/Getty Images

    Turkey’s Pragmatic Islamist

    Shlomo Ben-Ami expects Recep Tayyip Erdoğan’s latest electoral victory to have little impact on Turkish foreign policy.
  5. sierakowski98_Jaap ArriensNurPhoto via Getty Images_donaldtusk Jaap Arriens/NurPhoto via Getty Images

    Poland's Electoral Inquisition

    Sławomir Sierakowski decries a new law designed to disqualify opposition candidates from running in this year's general election.
  6. stiglitz318_Drew AngererGetty Images_ira Drew Angerer/Getty Images

    Western Industrial Policy and International Law

    Joseph E. Stiglitz

    With recent landmark legislation to support decarbonization and innovation, the United States is making up for lost time after its failed 40-year experiment with neoliberalism. But if it is serious about embracing a new paradigm, it will need to do more to help bring the rest of the world along.

    explains how to minimize the political risks of new spending packages in the US and Europe.
  7. mohan4_STEFANI REYNOLDSAFP via Getty Images_imf STEFANI REYNOLDS/AFP via Getty Images

    The IMF’s Turn to Lead on Climate

    Rakesh Mohan, et al. explain how the International Monetary Fund can best support green investment where it is needed the most.
  8. nye_Joe RaedleGetty Images_trump Joe Raedle/Getty Images

    If Trump Returns

    Joseph S. Nye, Jr.

    What would a second Donald Trump presidency mean for US foreign policy and the world? While the man himself is unpredictable, his first term and his behavior since losing re-election in 2020 offer plenty of clues, none of which will be comforting to America's allies.

    considers the implications of the 2024 presidential election for America's foreign policy and global standing.
  9. alnuaimi1_GodongUniversal Images Group via Getty Images_UAEsolar Godong/Universal Images Group via Getty Images

    A Western Distraction from Climate Action

    Ali Rashid Al Nuaimi warns that calls for the removal of Sultan Al Jaber as COP28 president-designate are a dangerous diversion.

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