Who's Behind the Institute?
The Institute was formed by a private group alarmed about the loss of direction in international economic policies not only in the United States but in the other major trading powers as well. The board represents a wide range of experience and expertise in international economic affairs, business and the law.
Initially, the board was chaired by Lawrence Eagleburger, the first career diplomat to become U.S. Secretary of State. The board is now chaired by Harald B. Malmgren, who played a major role as Deputy U.S. Trade Representative in drafting the Trade Act of 1974 — which introduced "fast track" negotiating authority — and launching the Tokyo Round negotiations of 1973-79.
The President of the Institute, Hugh Corbet, was for two decades the Director of the Trade Policy Research Centre in London. The Centre did a great deal in the 1970s to keep the “liberal trade” flag flying as adherence to GATT rules deteriorated and led, in the early 1980s, to the near collapse of the multilateral trading system.
At that time, then, the Centre was well placed to play a significant part in building the inter-governmental consensus and support necessary to launch what turned out to be the Uruguay Round negotiations of 1986-94. This it did through a series of informal roundtable meetings of trade ministers, senior officials, business leaders and independent experts. See Building on a Track Record.
In 2002-2004 the chairman of the board was Clayton Yeutter, who as the U.S. Trade Representative, did the lion’s share in launching the Uruguay Round negotiations and then, as U.S. Secretary of Agriculture, in the “make or break” period of carrying them out. Yeutter is now the Chairman Emeritus.
What Kind of Power?
"We have to debate what kind of superpower the United States is to be in the world, what we want and need to do beyond military action, how to reach out better trade policies, more opening to Third World trade, more aid. We can't solve the world's problems, but if we are the sole superpower, we have to do more than provide weapons"
TRUDY RUBIN, columnist in
"The United States is a liberal, progressive society through and through; and to the extent that Americans believe in power politics, they believe it must be a means of advancing the principles of a liberal civilization and world order"
ROBERT KAGAN, "Power
"In a rapidly integrating world economy the maintenance, development and extension of the international economic order, underpinning peace and prosperity, has to be a central plank in the foreign policy of the United States and other major trading countries"
Photo: Lawrence Eagleburger and Friend (Courtesy Bush Presidential