Showing 1 - 3 of 3
The great American growth mirage
News, Stephen S Roach, Published on 17/07/2012
» In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the US Federal Reserve's chairman at the time, had a simple message: The US is not an oasis of prosperity in an otherwise struggling world. Mr Greenspan's point is even closer to the mark today than it was back then.
China's EU focus exposes rest of Asia
News, Stephen S Roach, Published on 01/06/2012
» Asian authorities were understandably smug after the financial crisis of 2008-2009. Growth in the region slowed sharply, as might be expected of export-led economies confronted with the sharpest collapse in global trade since the 1930s. But, with the notable exception of Japan, which suffered its deepest recession of the modern era, Asia came through an extraordinarily tough period in excellent shape.
Screwing tight the bolts of connectivity
News, Stephen S Roach, Published on 31/01/2012
» Long the most fragmented nation on earth, China is being brought together like never before by a new connectivity. Its internet community is expanding at hyper speed, with profound implications for the Chinese economy, to say nothing of the country's social norms and political system. This genie cannot be stuffed back in the bottle. Once connected, there is no turning back.