Fred Bergsten has been director of the Institute for International Economics since its creation in 1981. He is chairman of the “Shadow G-8,” which advises the G-8 countries on their annual meetings. He frequently testifies before Congressional committees. He was chairman of the Competitiveness Policy Council which was created by Congress from 1991 to 1995 and chairman of the APEC Eminent Persons Group throughout its existence from 1993 to 1995.
He was Assistant Secretary of the Treasury for International Affairs from 1977-80 and Under Secretary for Monetary Affairs from 1980-81. From 1969-71 he served as Assistant for International Economic Affairs to Henry Kissinger at the National Security Council. He has been a Senior Fellow at the Brookings Institution, Carnegie Endowment for International Peace and Council on Foreign Relations.
Few can claim to even come close to the level of expertise and understanding of global imbalances and the understanding of deeper sources which determine growth in industrial and developing countries. Decision makers across the globe will learn from his surveillance of the state of thinking on growth and the role of globalization in this context, making the case that the world is in need of globalization for the benefit of the poor and the rich equally.
Skilfully highlighting crucial issues and trends, Fred’s presentations are engaging, informative and always well received.