Bilderbergconferencereport1986.Pdf
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I\) :!:a:J U1 mr-- I\)• . ......_. mc ::!m l>··.. ::rJ "'C ,.....mz .... "'" m. ......--· (/) ::rJ . .',..... co .. co "'" en BILDERBERG MEETINGS GLENEAGLES CONFERENCE 25-27 April 1986 NOT FOR QUOTA TION CONTENTS LIST OF PARTICIPANTS .................................................................... 5 INTRODUCTION ..............................................................•.............. 10 AGENDA ........................................................................................ II I. THE SOVIET UNION UNDER GORBACHEV: FOREIGN POLICY IMPLICATIONS Working Paper .......................................................................... 13 Opening Remarks from the Panel, I ... ............................................. 19 Opening Remarks from the Panel, II . 20 Discussion . .. .. .. .. .. .. ... .. .. ..... .. .. .. ... 21 II. THE WESTERN GLOBAL RESPONSE TO THE SOVIET CHALLENGE Opening Remarks from the Panel, I .. .. .. .. .. .. .. 27 Opening Remarks from the Panel, II ............................................... 28 Opening Remarks from the Panel, III . 29 Discussion . .. .. 30 III. THE FRAGMENTATION OF THE WORLD ECONOMY: DEBT, CURRENCY DISORDER, PROTECTIONISM, UNEVEN GROWTH Working Paper . .. .. .. .. .. .. .. .. .. .. .. .. 35 Opening Remarks from the Panel, I . 41 Opening Remarks from the Panel, II ........................................... :: . 42 Opening Remarks from the Panel, III .............................................. 44 Discussion . 44 IV. CURRENT EVENTS: TERRORISM Opening Remarks from the Panel, I ..................................... ......... .. 51 Opening Remarks from the Panel, II . 51 Opening Remarks from the Panel, III . 52 Opening Remarks from the Panel, IV . 53 Discussion . 54 V. SOUTH AFRICA Working Paper .. .. .. ... .. .. .. ... .. .. .. .. .. .. .. .. .. 57 Opening Remarks from the Panel, I ................................................ 61 Opening Remarks from the Panel, II ............................................... 62 Opening Remarks from the Panel, III .............................................. 64 Discussion . 65 CLOSING REMARKS . 68 3 • LIST OF PARTICIPANTS CHAIRMAN: LORD ROLL OF IPSDEN* Joint Chairman, S.G. Warburg & Co., Ltd. HONORARY SECRETARY GENERAL FOR EUROPE AND CANADA: VICTOR HALBERSTADT* Professor of Public Finance, Leyden Univeristy HONORARY SECRETARY GENERAL FOR THE U.S.A.: THEODORE L. ELIOT, JR.* Executive Director, The Center for Asian Pacific Affairs, The Asia Foundation SWE CARL JOHAN AABERG Under-Secretary of State NOR TORVILD AAKVAAG Director General, Norsk Hydro A/S UK ANTONY A. ACLAND Permanent Under-Secretary of State and Head of the Diplomatic Service; Ambas sador-Designate to Washington ITA GIOVANNI AGNELLI** President, Fiat S.p.A. DEN T AGE ANDERSEN* Managing Director and Chief Executive, Den Danske Bank AUS HANNES ANDROSCH* Chairman of the Managing Board of Dir'ectors, Creditanstalt-Bankverein; For mer Minister of Finance; Former Vice Chancellor USA GEORGE W. BALL•• Former Under Secretary of State FRO MARTIN BANGEMANN Minister of Economic Affairs UK JOHN F.H. BARING Chairman, Baring Brothers & Co., Ltd. USA ROBERT L. BARTLEY Editor, "The Wall Street Journal" ICE EINAR BENEDIKTSSON Ambassador to the United Kingdom USA JACK F. BENNETT* Director and Senior Vice President, Exxon Corporation TUR SELAHA TTIN BEY AZIT* Director of Companies CAN CONRAD M. BLACK* Chairman, Argus Corporation Ltd. UK LORD BOARDMAN Chairman, National Westminster Bank PLC USA NICHOLAS F. BRADY* Chairman, Dillon, Read & Co., Inc.; Former U.S. Senator (New Jersey) NETH HANS VAN DEN BROEK Minister for Foreign Affairs USA RICHARD R. BURT U.S. Ambassador to the Federal Republic of Germany TUR YA VUS CANEY! Governor of the Central Bank ORE COSTA CARRAS* Director of Companies SPA JAIME CARVAJAL URQUIJO* Chairman, Banco Hispano Industrial USA JOHN H. CHAFEE U.S. Senator (Rhode Island) FRA ALAIN CHEV ALIER Chairman, Moet Hennessy USA HENRY F. COOPER, JR. Deputy U.S. Negotiator, Defense and Space Group USA KENNETH W. DAM* Vice President, IBM Corporation; For mer Deputy Secretary of State FRA DA YID DAUTRESME General Partner, Lazard Freres & Cie. BEL ETIENNE DA V!GNON* Director, Societe Generale de Belgique; Former Member of the Commission of the European Communities 5 USA ROBERT A. DAY, JR. NETH Chairman, Trust Company of the West INT MAX KOHNSTAMM** WILLEM F. DU!SENBERG President, De Nederlandsche Bank NV Former President, European University UK JOHN L. EGAN Institute Chairman and Chief Executive, BEL LEON J.G. LAMBERT* Jaguar PLC Chairman, Groupe Bruxelles Lambert USA DANIEL J. EVANS S.A. USA U.S. Senator (Washington) INT ALEXANDRE LAMFALUSSY MURRAY H. FINLEY* President, Amalgamated Clothing and General Manager, Bank for International Settlements IRE Textile Workers Union LIE H.S.H. PRINCE HANS-ADAM GARRET FITZGERALD Prime Minister CAN BARBARA FRUM VON LIECHTENSTEIN Host of "The Journal" (Television Pro- SWI FRANZ J. LOTOLF* gram of the Canadian Broadcasting General Manager and Member of the Corporation) Executive Board, Swiss Bank CAN ALLAN E. GOTLIEB Corporation UK Ambassador to the United States ITA ANTONIO MACCANICO LORD GREENHILL OF HARROW Former Permanent Under-Secretary of General Secretary, Office of the President of the Italian Republic the Foreign and Commonwealth Office; CAN DONALDS. MACDONALD* Senior Partner, McCarthy & McCarthy CAN Director of Companies ORE STEPHANOS MANOS ANTHONY G.S. GRIFFIN** Director of Companies Member of Parliament SWE STEN GUSTAFSSON* USA CHARLES Mee. MATHIAS, JR.* U.S. Senator (Maryland) Chairman of the Board, SAAB- POR SCANIAAB LEONARDO MATHIAS Ambassador to the United States ICE USA DONALD F. McHENRY GEIR HALLGR!MSSON* Governor of the Central Bank; Former University Research Professor of Diplo- Prime Minister; Former Minister for macy and International Affairs, George- Foreign Affairs town University; Former Ambassador to USA ARTHUR A. HARTMAN Ambassador to the U.S.S.R. the United Nations UK FRA THIERRY DE MONTBRIAL* DENIS \V. HEALEY Member of Parliament; Opposition Director, French Institute of Interna- Spokesman on Foreign Affairs tional Relations; Professor of Economics, USA HENRY J. HEINZ II** Ecole Polytechnique Chairman of the Board, H.J. Heinz ITA MARIO MONTI* -company, Inc. Professor of Economics and Director of UK the Centre for Monetary and Financial LORD HOME OF THE HIRSEL Former Prime Minister; Former Chair- Economics, Bocconi University, Milan man of Bilderberg Meetings USA ARNOLD L. HORELICK NETH H.M. THE QUEEN OF THE Director, The Rand/UCLA Center for NETHERLANDS the Study of Soviet International NETH H.R.H. PRINCE CLAUS OF THE Behavior USA ROBERT D. HORMATS NETHERLANDS Director, Goldman Sachs International ITA TOMMASO PADOA-SCHIOPPA Deputy Director General, Banca d'Italia Corporation; Former Assistant Secretary UK MICHAEL P ALLISER Chairman, Samuel Montagu & Co. of State for Economic and Business Affairs (Holdings) Limited; Chairman of the AUS HANS IGLER Partner, Schoeller & Co. Council, International Institute for Stra- tegic Studies Bankaktiengesellschaft FIN JAAKKO lLONIEMI USA ROBERT L. PFAL TZGRAFF, JR. President, Institute for Foreign Policy Member of the Management Board, Analysis, Inc. Union Bank of Finland; Former Ambas- DEN HERBERT PUNDIK Editor-in-Chief, "Politiken" sador to the United States SWI ROBERT A. JEKER UK ROBERT p. REID Chairman, Shell UK Ltd. President of the Executive Board, Credit UK MALCOLM RIFKIND Suisse Secretary of State for Scotland UK FRA MICHEL ROCARD Member of Parliament (Socialist Party) SIMON JENKINS Political Editor, "The Economist" SWI PAUL R. JOLLES SPA MARIANO RUBIO Governor, Bank of Spain Chairman of the Board, Nestle S.A.; ITA RENATO RUGGIERO General Secretary, Ministry for Foreign Former State Secretary for Foreign Eco- nomic Affairs Affairs USA DAVIDT. KEARNS UK JOHN SAINSBURY* Chairman, J. Sainsbury PLC Chairman, Xerox Corporation CAN JEANNE SAUVE USA HENRY A. KISSINGER* Governor General of Canada Professor, Center for Strategic and Inter- ITA GAETANO SCARDOCCHIA Editor, "La Stampa" national Studies, Georgetown University; FRO WALTER SCHEEL Former President; Former Chairman of Former Secretary of State FRO HANS KLEIN Bilderberg Meetings Member of Parliament for the CDU/ FRO HELMUT SCHMIDT Former Chancellor CSU; Spokesman on Foreign Affairs FRA E. ANTOINE SEILLIERE* UK ANDREW KNIGHT* Director-General, Compagnie Generale Chief Executive, "The Daily Telegraph" d'Industrie et de Participations UK PATRICK SHEEHY Chairman, B.A.T. Industries PLC 6 7 ,,_.,__,., ~--~-'O\J-"'"'"~ .,=--.---.-------~·- POR ARTUR SANTOS SILVA Former Under-Secretary of the Treasury; UK ALEC s. DONKIN Organizer, 1986 Conference Former Vice President, Bank of Portu USA CHARLES w. MULLER President, Murden and Company gal; President, Banco Portugues de Investimento LIST OF ABBREVIATIONS: UK JOHN SMITH Member of Parliament (Labour Party) FRO THEO SOMMER* Publisher, "Die Zeit" AUS Austria ITA LUIGI SPA VENTA Professor of Economics, University of BEL Belgium Rome CAN Canada UK DAVID STEEL Member of Parliament; Leader of the DEN Denmark Liberal Party FIN Finland BEL FRANK SW AELEN President, Christian Democratic Party FRA France TUR SEY FI T AS HAN Managing Director, Foreign Policy FRG Federal Republic of Germany Institute ORE Greece NOR NILS MORTEN UDGAARD Deputy Secretary, Prime Minister's ICE Iceland Office INT International USA PAULA. VOLCKER Chairman, Board of Governors of the IRE Ireland Federal Reserve System ITA Italy FRO ANGELIKA E.C. VOLLE Research Fellow, Deutsche Gesellschaft LIE Liechtenstein fiir Auswartige