June 7, 2010. New Haven, CT – The Jackson Institute for Global Affairs is pleased to announce the appointment of Stephen Roach as a Senior Research Fellow effective July 1, 2010. A preeminent Wall Street economist Stephen Roach has been at Morgan Stanley since 1982, first as Chief and Senior Economist and most recently as Chairman of Morgan Stanley Asia.
Roach received his Ph.D. in Economics from New York University. His research covers a broad range of topics, with recent emphasis on globalization, the emergence of China, productivity, and the macroeconomic impacts of information technology. In his latest book, “The Next Asia,” he analyzes Asia’s economic imbalances and the dangers of the continent’s dependence on Western consumers. China Business News named “The Next Asia” the 2009 Book of the Year.
Roach’s work has also appeared in academic journals, congressional testimony and on the op-ed pages of The Financial Times, The New York Times, The Washington Post and the Wall Street Journal. His opinions on the global economy have been known to shape policy from Beijing to Washington.
The Jackson Institute for Global Affairs was established in April 2009 with a transformational gift from John W. and Susan G. Jackson. James Levinsohn, the director of the Jackson Institute noted that Roach was an especially apt fit for the new Institute. “Steve Roach is one of the most respected and original thinkers on Wall Street. His work has impacted policy around the globe. Getting Steve Roach in front of Yale students is exactly what the Jackson Institute is about,” said Levinsohn. Yale President Rick Levin added, “ Stephen Roach brings incomparable experience and expertise to Yale’s teaching programs in global affairs. His appointment underscores the commitment of our new Jackson Institute to combine theory and practice in the training of world leaders for business, government and public service.”
While at the Jackson Institute , Roach will teach courses, offer public lectures and advise students. In 2010-2011 he will teach an undergraduate course on “The Next China” and “Washington and Wall Street: Markets, Policy, and Politics” with Jeffrey Garten at the School of Management. He will also teach an International Studies senior seminar on “Contemporary Economic Issues in Asia.” Roach’s courses will be among the first wave of new course offerings from the Jackson Institute.
The Whitney and Betty MacMillan Center for International and Area Studies at Yale