Introducing The Next Asia

This week, In Other Words reviews a new book, The Next Asia: Opportunities and Challenges for a New Globalization, by Stephen S. Roach.

In this collection of more than 70 essays, chairman of Morgan Stanley Asia and one of Wall Street’s best-known economists, Roach takes a long hard look at the economy of the region and how it will shape the greater financial world of the future.

In The Next Asia Roach’s analysis builds around five essential guideposts:

The world after the financial crisis; Asia’s critical role in globalization; the upcoming rebalancing of the Chinese economy; a new pan-regional framework for integration and competition; and a frank discussion of the biggest risk to this remarkable transformation in the form of U.S.-China trade tensions.”

Prior to assuming his current position at Morgan Stanley, Roach was the firm’s chief economist, leading a global team of economists located in New York, London, Frankfurt, Paris, Tokyo, Hong Kong, and Singapore.

What follows this week is a running commentary with new discussion each day on Roach’s book by special guest contributors.