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Stephen Roach: Preparing for the next Asia By Prieur du Plessis, on November 14th, 2009 posted in: Investment, Markets, Money  Leave your comment
Asia has proven comparatively resilient against the current downturn, but hurdles still lie ahead. In order to maintain robust growth rates in the face of weak US demand, the region’s dynamic economies must stoke domestic consumption and embrace environmentally sustainable development policies. So says Stephen Roach, chairman of Morgan Stanley Asia and author of The Next Asia: Opportunities and Challenges for a New Globalization. Clay Chandler, Asia editor with McKinsey’s publishing group, spoke to Roach in Hong Kong.
Source: Clay Chandler, McKinsey Quarterly, November 13, 2009. More on this topic (What's this?) Congressmen Grayson, Clay and Miller Introduce CFPA Amendment to Help Reduce Looting (George Washington's Blog, 10/21/09) Morgan Stanley CEO Steps Down, Will Remain As Chairman (Money Morning, 9/10/09) Morgan Stanley and Bank of America Report Solid Earnings (Wall Street Daily, 4/20/12)  Leave a Reply |
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