My Republica

Stephen S. Roach

When politics trumps economics

July 2, 2018 00:30 AM

Trump’s deficit-busting tax cuts and increases in government spending make no sense for an economy with an unemployment rate of 3.8 percent

America’s multilateral dilemma

May 30, 2018 00:30 AM

It doesn’t help when we emphasize that China is merely a large piece of a much bigger multilateral problem

China from a glass house

March 28, 2018 00:30 AM

The current debate in China is less about strategy design and more about implementation. This was Xi’s highest priority on assuming office in late 2012

Myth of sound fundamentals

March 4, 2018 00:30 AM

With dysfunctional policies pointing to a further compression of saving in the years ahead, the myth of sound US fundamentals has never rung more hollow.

Losing trade war

February 1, 2018 01:30 AM

Going after China, or any other country, without addressing the root cause of low saving is like squeezing one end of a water balloon: the water simply sloshes to the other end

Testing 2018

December 17, 2017 00:30 AM

It is important to stress that the world economy may not be nearly as resilient as the consensus seems to believe.

Trump’s tax scam

November 28, 2017 00:30 AM

According to the nonpartisan Congressional Budget Office, the tax cuts will result in a cumulative deficit of about $1.4 trillion over next decade.

Bungling on China

September 3, 2017 00:30 AM

America does not hold the trump card in its relation with China.

China’s economic resilience

July 31, 2017 00:30 AM

Were it not for China’s resilience in the depths of recent crisis, world GDP would not have contracted by 0.1 percent in 2009, but plunged by 1.3 percent.

Global China

May 31, 2017 00:30 AM

The Next China is shaping up to be outwardly focused, assertive and power-centric

A resilient China

April 3, 2017 07:23 AM

NEW HAVEN: Another growth scare has come and gone for the Chinese economy. This, of course, is very much at odds with Western conventional wisdom, which has long expected a hard landing in China. Once again, the Western perspective missed the Chinese context—a resilient system that places a high premium on stability.

China’s big sticks

January 30, 2017 00:15 AM

China is threatening to hit back. And now America will have to face the consequences

Without China

October 27, 2016 00:25 AM

Without China the world economy would be below the 2.5 percent threshold associated with global recession

China Central

August 31, 2016 00:15 AM

Even after transitioning from the “old normal” to “new normal,” global economic growth remains heavily dependent on China