Ethics and Globalization: The Tradeoffs Underlying Our Policy Choices

A conference at the Peterson Institute for International Economics

January 7, 2013

Participant Biographies

David Blanchflower is an Bruce V. Rauner Professor of Economics at Dartmouth College. He is also a research associate of the National Bureau of Economic Research, a research fellow of the Centre for Economic Studies at the University of Munich and director of the Future of Labor Programme at the Institute for the Study of Labor at the University of Bonn. Blanchflower has written extensively on macroeconomic, fiscal, monetary and labor market policies. From 2006-2009, he was a member of the Bank of England’s Monetary Policy Committee.

William R. Cline is a senior fellow at the Peterson Institute for International Economics. During 1996–2001 while on leave from the Institute, Dr. Cline was deputy managing director and chief economist of the Institute of International Finance. Previously, he was a senior fellow at the Brookings Institution and deputy director of development and trade research at the US Treasury Department. His seminal book, The Economics of Global Warming, was published in 1992, and his most recent book is Resolving the European Debt Crisis.

George David served as the Chairman of the Board of United Technologies Corp. (UTC) from 1997 to December 31, 2009, and as its Chief Executive Officer from 1994 to April 2008 and President from January 2002 to 2006 & from 1992 to 1999. Mr. David is a board member of BP and a former board member of Citigroup. He is Vice Chairman of the Peterson Institute for International Economics and has chaired, among others, the boards of the Graduate Business School at the University of Virginia and the Wadsworth Atheneum Museum of Art in Hartford. He created UTC’s generous tuition reimbursement plan for all employees to access continuing education.

Kimberly Ann Elliott is a senior fellow at the Center for Global Development, where she writes on trade policy and globalization, with a focus on the political economy of trade and the uses of economic leverage in international negotiations. Elliott was with the Peterson Institute for many years before joining the Center where she co-authored numerous publications, including Can Labor Standards Improve Under Globalization? Elliott served a member of the USDA Consultative Group on the Elimination of Child Labor and was appointed chair of the Department of Labor’s National Advisory Committee on Labor Provisions of U.S. Free Trade Agreements. 2

Representative Barney Frank represented Massachusetts’ 4th Congressional district in the US House of Representatives from 1981 to 2013. From 2003 until his retirement, Frank was the leading Democrat on the House Financial Services Committee, and he served as committee chairman when his party held a House majority from 2007 to 2011. In that capacity was a leading co-sponsor of the Dodd-Frank Act, passed in 2010, which reformed the US financial industry following the recent crisis. Prior to his election to Congress in 1980, Congressman Frank served as a Member of the Massachusetts House of Representatives.

Michael Froman is Assistant to the President of the United States and the Deputy National Security Advisor for International Economic Affairs at the White House, where he is responsible for coordinating policy on international trade, investment, energy, climate and development issues. He serves as the US Sherpa for the G20 and G8 Summits, and staffs the President for the APEC Summits. Mr. Froman previously worked in a number of senior roles at Citigroup, and he also served during the Clinton Administration as Chief of Staff at the US Department of Treasury and Director for International Economic Affairs at the White House.

William A. Galston is College Park Professor at the University of Maryland, where he also served as Saul Stern Professor and Acting Dean of the School of Public Policy and director of the Institute for Philosophy and Public Policy. A participant in six presidential campaigns, he served from 1993 to 1995 as Deputy Assistant to President Clinton for Domestic Policy. His current research focuses on designing a new social contract and the implications of political polarization. Galston also holds the Ezra Zilkha Chair in the Brookings Institution’s Governance Studies Program.

Jagad eesh Gokhale is a senior fellow at the Cato Institute, where he works on entitlement reform, labor productivity and compensation, US fiscal policy and the impact of fiscal policy on future generations. Gokhale previously served as a consultant to the U.S. Department of Treasury, a visiting scholar with the American Enterprise Institute and senior economic adviser to the Federal Reserve Bank of Cleveland. Gokhale co-authored Fiscal and Generational Imbalances: New Budget Measures for New Budget Priorities and recently wrote Social Security: A Fresh Look at Policy Alternatives. He is currently a member of the Social Security Advisory Board

Ne il Howe is a historian, economist, and demographer who writes on generations, the economy, and social change. Howe has written extensively on American demographic and social issues, and co-authored the books Generations, Millennials Rising and Millennials in the Workplace. He is a senior associate at the Center for Strategic and International Studies, where he helps lead the Global Aging Initiative and recently co-authored The Future of 3

Retirement in East Asia. He is president and co-founder of LifeCourse Associates, which advises corporations, governments and nonprofits.

An ne O. Krueger is currently Senior Research Professor of International

Economics at Johns Hopkins School of Advanced and International Studies. Krueger served as both first deputy managing director of the International Monetary Fund and vice president for economics and research at the World Bank. At Stanford University, she was the founding director of its Center for Research on Economic Development and Policy Reform, the Herald L. and Caroline L. Ritch Professor in Humanities and Sciences, and was a senior fellow of the Hoover Institution. She was also a distinguished fellow and past president of the American Economic Association.

Andrew Moravcsik is currently Professor of Politics and Director of the European Union Program at Princeton University’s Woodrow Wilson School, after holding similar positions at Harvard University. He has written extensively on European integration, transatlantic relations, international organization and politics, defense-industrial globalization, and global human rights. He is a Non- Resident Senior Fellow of the Brookings Institution and has served as a trade negotiator for the US Government, special assistant to the Deputy Prime Minister of the Republic of Korea, and press assistant for the European Commission.

Thomas Pogge is a Professor of Law at Yale Law School and the Leitner Professor of Philosophy and International Affairs at Yale University. He directs the Global Justice Program at Yale University and serves as Research Director at the Centre for the Study of Mind in Nature at the University of Oslo and as Professorial Research Fellow at the Centre for Applied Philosophy and Public Ethics. He has written extensively on political philosophy, world poverty, and global justice and has published widely on Kant, moral and political philosophy, Rawls and global justice.

Adam S. Posen is President of the Peterson Institute for International Economics, where he has been a Senior Fellow since 1997. From 2009 to 2012, he was an external member of the Bank of England's Monetary Policy Committee. His research and policy work covers fiscal and monetary policy, central banking issues, and the economies of Europe, Japan, and the United States. Prior to joining the Institute, Dr. Posen was an economist at the Federal Reserve Bank of New York where he co-authored Inflation Targeting, with Ben Bernanke, et al. He is also currently in his third-term as a member of the US Congressional Budget Office Panel of Economic Advisers.

Dani Rodrik is the Rafiq Hariri Professor of International Political Economy at the Harvard University. He has published widely in the areas of international economics, economic development, and political economy. He is affiliated with the National Bureau of Economic Research, Centre for Economic Policy Research (London), Center for Global Development, and Council on Foreign 4

Relations. Rodrik is the author of Has Globalization Gone Too Far?, One Economics, Many Recipes: Globalization, Institutions, and Economic Growth and The New Global Economy and Developing Countries: Making Openness Work His most recent book is The Globalization Paradox.

Howard Rosen is a visiting fellow at the Peterson Institute for International Economics and is co-director of the Institute’s project on the ethical dimensions of globalization. Previously, Rosen served as staff director of the Congressional Joint Economic Committee and as executive director of the Congressionally- mandated Competitiveness Policy Council. His work focuses on the impact of changes in international trade and investment on workers, firms and communities. He drafted provisions in the Trade Act of 2002 that significantly reformed and expanded the US Trade Adjustment Assistance program.

Sir Evelyn de Rothschild is currently Chairman of E.L. Rothschild, a private investment company, and a Director of IMG Inc. Sir Evelyn was Chairman and CEO of NM Rothschild and Sons Ltd, the international investment bank until 2003. His other previous business positions included being Chairman of The Economist (1972–1989), Chairman of the British Merchant Banking & Securities House Association (1985–1989), and Deputy Chairman of the Milton Keynes Development Corporation (1971–1984). He founded and serves as chairman of the ERANDA Foundation. Sir Evelyn serves as a Governor Emeritus of the London School of Economics and Political Science. He was knighted by Queen Elizabeth II in 1989 for services to banking and finance.

Charles F. Sabel is the Maurice T. Moore Professor of Law and Social Science at Columbia Law School, a post he has held since 1995. He was formerly the Ford International Professor of Social Science at the Massachusetts Institute of Technology. A MacArthur Prize Fellow, his publications include Learning by Monitoring, A Constitution of Democratic Experimentalism, Can We Put an End to Sweatshops?: A New Democracy Forum on Raising Global Labor Standards, Experimentalist Governance in the European Union, Towards A New Architecture and The Second Industrial Divide: Possibilities for Prosperity.

Noam Scheiber is a senior editor at The New Republic magazine in Washington, DC and a Schwartz Fellow at the New America Foundation. Scheiber has written extensively on economic and political developments in The New Republic as well as contributing to numerous other news sources including The New York Times, 5

The Washington Post, CNN, CNBC and National Public Radio. He is a Rhodes Scholar and holds a masters degree in economics from Oxford University and a bachelors degree in mathematics from Tulane University. His book The Escape Artists: How Obama’s Team Fumbled the Recovery was published last year.

Arvind Subramanian is a senior fellow jointly at the Peterson Institute for International Economics and at the Center for Global Development. His most recent book, Eclipse: Living in the Shadow of China's Economic Dominance, has been named one of the three Best Books of 2012 by China Business News. Subramanian’s research interests include economic growth, trade, development, and the World Trade Organization. Previously, he was assistant director in the Research Department of the International Monetary Fund and worked at the GATT during the Uruguay Round of trade negotiations. Subramanian is a member of India’s Finance Minister's Expert Group on the G-20.

Stelios Vasilakis is Senior Program Officer for Strategy & Initiatives at the Niarchos Foundation. He has also served as research fellow and director of the New York office of the Speros Basil Vryonis Center for the Study of Hellenism, where he created and led the Center’s extensive cultural and educational programs, both in New York and California. Vasilakis has taught modern Greek, classics, and Byzantine history at New York University.

Steven R. Weisman is editorial director and public policy fellow at the Peterson Institute for International Economics, and is co-director of the Institute’s project on the ethical dimensions of globalization. Weisman joined the Institute in 2008 after serving as a correspondent, editor, and editorial writer at the New York Times, based in New York, Washington, Delhi and Tokyo. He is the author of The Great Tax Wars: Lincoln to Wilson —The Fierce Battles over Money and Power That Transformed the Nation and was the editor of Daniel Patrick Moynihan: A Portrait in Letters of an American Visionary, published in 2010.