Institute for International Economics
Encyclopedia : I : IN : INS : Institute for International Economics
The Institute for International Economics (IIE) is a private non-profit and nonpartisan think tank focused on international economics, based in Washington, D.C., United States. It was founded by C. Fred Bergsten in 1981. The Institute's annual budget is about $8 million. Support is provided by a wide range of charitable foundations, private corporations, and individuals and from earnings on the Institute’s publications and capital fund. The Institute moved into its own award-winning building, which includes full conference and videoconferencing facilities, at 1750 Massachusetts Avenue (The "Embassy Row"), NW, Washington, DC, in the summer of 2001. It is located across from Brookings Institution, diagonally across from Carnegie Endowment for International Peace and next to the Johns Hopkins School of Advanced International Studies.
People
The institute chairman is former United States Secretary of Commerce, Peter G.Peterson, and vice chairman is United Technologies Corporation CEO, George David. Other prominent members of the institute's board of directors include Leszek Balcerowicz, Chairman of the National Bank of Poland; Chen Yuan, Governor of the China Development Bank; Lord Browne of Madingley, Chief Executive of BP; Jessica Einhorn, Dean of the Paul H. Nitze School of Advanced International Studies; Stanley Fischer, Governor of the Bank of Israel; Jacob A Frenkel, Vice-Chairman of American International Group and former Governor of the Bank of Israel; Maurice R. Greenberg, former CEO of American International Group; Nobuyuki Idei, former Chairman of Sony Corporation; Lee Kuan Yew, former Prime Minister of the Republic of Singapore; Mario Monti, former European Commissioner; Paul O'Neill, former United States Secretary of the Treasury; David O'Reilly, Chairman of Chevron Corp.; James W. Owens, Chief Executive of Caterpillar Inc.; David Rockefeller, former chairman of Chase Manhattan Bank; Renato Ruggiero, former Director-General of the World Trade Organization; Lawrence Summers, former United States Secretary of the Treasury; Jean-Claude Trichet, President of the European Central Bank; Laura D'Andrea Tyson, former Chairman of the President's Council of Economic Advisors; Paul Volcker, former Chairman of the Federal Reserve; Marina v.N. Whitman, Professor of Business Administration and Public Policy at the Ross School of Business; and Ernesto Zedillo, former President of Mexico.C. Fred Bergsten, previously the assistant secretary for international affairs at the U.S. Treasury Department, has been the director of the IIE since its founding.
The institute attracts some of the most influential former officials and academics as resident senior fellows. They include former Chairman of President Clinton's Council of Economics Advisors, Martin Neil Baily, former chief economist and director of research department at the IMF, Michael Mussa, and former assistant secretary for international affairs at the U.S. Treasury Department, Edwin (Ted) Truman. John Williamson, who coined the term "Washington Consensus" is also currently a resident senior fellow.
The following is a list of current resident senior fellows at IIE: C Fred. Bergsten (Director), J. Bradford Jensen (Deputy Director), Anders Åslund, William R. Cline, Gary Clyde Hufbauer, Morris Goldstein, Edward Graham, Gary Clyde Hufbauer, Nicholas Lardy, Catherine Mann, Michael Mussa, Marcus Noland, Adam Posen, Jeffrey J. Schott, Edwin M. Truman, John Williamson
Areas of research at the institute include: Debt and Development-- Corruption and Governance, Debt Relief, Foreign Aid/Technical Assistance, Technology and Developing Countries, Transition Economies, World Bank and Regional Development Banks
Globalization--Globalization and Environment, Globalization and Labor Issues and Impact Migration, Politics of Globalization
International Finance/Macroeconomics--Exchange Rate Regimes/Monetary Policy, Finance, Investment, and Debt, Global Financial Crises, International Monetary Fund, New Economy and Productivity, World Economy
International Trade and Investment--Competition Policy, Corporate Governance/Transparency E-commerce and Technology, Economic Sanctions, Energy, Foreign Direct Investment, Intellectual Property Rights, Regional Trading Blocs, Services, Tax Policy, WTO and Other Global,Institutions
US Economic Policy-- Economic Sanctions, Foreign Aid/Technical Assistance. Trade Disputes Trade Promotion Authority, US Monetary/Fiscal Policy, US Trade Policy
External links
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