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Stephen Roach on Asia

悲観派エコノミスト(世界の武者陵司、高橋乗宣)とも言われるStephen Roachがアジアについても懸念している。

Global: Pondering Asia

Stephen Roach (New York)

I was unprepared for what I found in Asia over the past two weeks. The role of China appears to be on the cusp of an important transition, as pressure builds on its leadership to confront the mounting imbalances of an overheated economy. With the exclusion of India — where I was stunned by the solid and increasingly powerful dynamic of its IT-enabled services transformation — the rest of the region is far too China-centric for my liking. A likely slowing in the Chinese economy could unmask a new instability in Asia — an outcome that could prove quite vexing for a still-unbalanced global economy. ...

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