Preeminent Wall Street economist Stephen Roach has been appointed a Senior Research Fellow of The Jackson Institute for Global Affairs at Yale University with a joint appointment at the Yale School of Management effective July 1, 2010. A highly influential authority on the global financial system, Roach has been at Morgan Stanley since 1982, most recently as the Chairman of Morgan Stanley Asia and previously as Chief and Senior Economist.
“Stephen Roach brings incomparable experience and expertise to Yale’s teaching programs in global affairs,” said President Richard C. Levin. “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.”
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. He has contributed articles to such influential publications as Handelsblatt, Economic Times of India, China Daily, Time Magazine and Fortune.
While at the Jackson Institute, Roach will teach courses, offer public lectures and advise students. In 2010–11 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.
“Steve Roach is one of the most respected and original thinkers on Wall Street,” said James Levinsohn, director of the Jackson Institute and Charles W. Goodyear Professor in Global Affairs. “His work has impacted policy around the globe. Placing Steve Roach in front of Yale students is exactly what the Jackson Institute is about.”
The Jackson Institute for Global Affairs was established in April 2009 with a transformational gift from John W. and Susan G. Jackson. The Institute offers courses and core teaching programs in international affairs to students considering careers in diplomatic service, international agencies or nongovernmental organizations. Affiliated with the Whitney and Betty MacMillan Center for International and Area Studies at Yale, the Institute recruits distinguished practitioners of international affairs as Senior Fellows to teach in the undergraduate and master’s programs and to mentor students from all of Yale’s schools and departments aspiring to public and international service. The Jackson Institute also provides career counseling and placement assistance to students wishing to pursue a career in diplomatic service.