Includes bibliographical references (p. 403-405) and index.

A world in crisis
The globalization debate
Chinese rebalancing
Pan-Asian challenges
U.S.-China tensions

"Morgan Stanley's Asia Chairman offers his views on investment opportunities in Asia As Morgan Stanley's chief Asia specialist, getting Asia right is Stephen Roach's personal obsession, and this in-depth compilation represents more than 50 of Roach's key research efforts not just on Asia, but also on how the region fits into the broad context of increasingly globalized financial markets. The book argues that the "Asia factor" is not a static concept, but rather one that is constantly changing and evolving. Broken down into four parts-Asia's critical role in globalization; the coming 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-this book will help readers understand and profit from the world's most dynamic region. Stephen S. Roach, PhD (Hong Kong), is Chairman of Morgan Stanley Asia, serving as the firm's senior representative to clients, governments, and regulators across the region"--Provided by publisher.