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{{Short description|American think tank}} {{Short description|American think tank}}
{{pp-protected|reason=Persistent UPE|small=yes}}

{{More citations needed|date=January 2022}}

{{Infobox organization {{Infobox organization
| name = Committee for Economic Development |name = Committee for Economic Development of The Conference Board
| image = ] |image =
]
| size = |size =
| abbreviation = CED |abbreviation = CED
|formation = 1942
| motto = Reasoned Solutions in the Nation's Interest{{citation needed|date=August 2018}}
| formation = 1942 |type = ] ]
⚫ |headquarters = ], ]
| type = ]
⚫ |website =
⚫ | headquarters = ], ]
| leader_title = President
| leader_name = ]
| revenue = $4,699,329<ref name="Ratings">{{cite web | url=http://990s.foundationcenter.org/990_pdf_archive/131/131623973/131623973_201412_990.pdf | title=Committee for Economic Development | date= | website=Foundation Center | accessdate=23 March 2017 }}</ref>
| revenue_year = 2014
| expenses = $4,502,539<ref name="Ratings" />
| expenses_year = 2014
⚫ | website =
}} }}


The '''Committee for Economic Development of The Conference Board''' ('''CED''') is an American nonprofit and nonpartisan public policy think tank. The board of trustees consist primarily of senior corporate executives from a range of U.S. industries and sectors. The organization has been credited with helping to create the ].
The '''Committee for Economic Development of The Conference Board (CED)''' is the nonprofit, nonpartisan, business-led public policy center that delivers well-researched analysis and reasoned solutions in the nation’s interest.<ref>{{Cite web|title=About|url=https://www.ced.org/about|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref> CED Trustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today’s pressing policy issues. Collectively they represent 30+ industries, over a trillion dollars in revenue, and over 4 million employees.

Since its inception in 1942, CED has addressed national priorities to promote sustained economic growth and development to benefit all Americans. CED’s work in those first few years led to great policy accomplishments, including the ], the economic development program that helped rebuild Europe and maintain the peace; and the ] that established the new global financial system, and both the ] and ].

Today, CED continues to play an important role through its trusted research and advocacy. Comprised of leading business executives, CED lends its voice and expertise on pressing policy issues. In recent decades, CED has made significant contributions across a broad portfolio, including: ] importance and funding, bipartisan campaign reform, ] reform, U.S. fiscal health, academic standards in ], post-secondary education access and achievement, importance of STEM education, immigration, ], ], women on corporate boards, ] and broader ], ], inequality, judicial selection reform, ], the role of business in promoting educational attainment, ], teacher compensation and quality, corporate short-termism, federal ], ], innovation and growth, reducing global poverty, welfare reform, and more.

CED’s work is based on seven core principles: sustainable capitalism, long-term economic growth, efficient fiscal and regulatory policy, competitive and open markets, a globally competitive workforce, equal economic opportunity, and nonpartisanship in the nation’s interest. CED's research findings<ref>{{Cite web|title=Reports|url=https://www.ced.org/reports|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref> are disseminated widely, achieving tangible impact at the local, state, and national levels.


== History == == History ==
According to '']'' the organization "originated in the ]" in 1942 and was created to encourage collaborative research among business leaders, economists, and New Deal politicians "to promote free enterprise and full employment, paying particular attention to the needs of small business".<ref name=":1">{{Cite web|last=Mudge|first=Stephanie L.|date=30 May 2019|title=Commentary: An Alliance Between Big Business and Democratic Socialists Isn't as Unlikely as It Sounds|url=https://fortune.com/2019/05/30/capitalism-democratic-socialists/|access-date=2022-01-30|website=]|language=en}}</ref>


CED was founded in 1942 by a group of business leaders led by ], president of ]; ], co-founder of ] advertising firm; and ], treasurer of ]. CED was first formed to help the ] transition from a wartime to peacetime economy. At the end of ], CED successfully worked to garner support among the American business community for the ].<ref name="About CED"></ref> The first business leaders on board were ], president of ]; ], co-founder of ] advertising firm; and ], treasurer of ].{{Citation needed|date=January 2022}} CED was first formed to help the ] transition from a wartime to peacetime economy.<ref name=":0" /> At the end of ], CED worked to garner support among the American business community for the ].<ref name=":0">{{Cite web|last=Allott|first=Daniel|date=2020-01-21|title=Capitalism must meet the challenge: Prosperity for all Americans|url=https://thehill.com/opinion/finance/479179-capitalism-must-meet-the-challenge-prosperity-for-all-americans|access-date=2022-01-30|website=]|language=en}}</ref><ref name="About CED">{{Cite web|title=About|url=https://www.ced.org/about|access-date=2022-01-30|website=Committee for Economic Development of The Conference Board}}</ref>


⚫ In January 2015, the Committee for Economic Development merged with ].<ref>{{Cite web|last=|first=|title=The Conference Board to Merge with the Committee for Economic Development|url=https://www.prnewswire.com/news-releases/the-conference-board-to-merge-with-the-committee-for-economic-development-300020593.html|access-date=2022-01-30|website=]|language=en}}</ref>{{Better source needed|reason=The current source is insufficiently reliable (]).|date=January 2022}} Both are non-partisan, non-lobbying, and have trustees drawn mainly from the business community.{{Citation needed|date=January 2022}}
⚫ Since its inception, CED has aimed to promote policies that its trustees believe will foster economic growth and development to benefit all Americans. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at the local, state, and national levels. In recent decades, CED has increased access to ] and ], advocated ] nationally, placed more women in corporate leadership, and reduced government spending.<ref name="About CED"/>


== Work ==
⚫ In January 2015, the Committee for Economic Development merged with ], given the many synergies between the two organizations.<ref></ref> Both are non-partisan, non-lobbying, and have Trustees comprised mainly from the business community.
The CED has been credited with helping to create the ], the ] (and therefore the ] and the ]) and the ].<ref name=":1" /><ref name=":0" />


⚫ Since its inception, CED has promoted policies that its trustees believe will foster American economic growth and development and indirectly benefit the country and people. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at all levels of government. More recently CED has also advocated to increase access to ] and ], for ] nationally, for more women in corporate leadership, and for reduced government spending.<ref name="About CED" />{{Better source needed|reason=The current source is insufficiently reliable (]).|date=January 2022}}
== Leadership ==


== Stated aims ==
CED’s president is Dr. Lori Esposito Murray.<ref>{{Cite web|title=Lori Esposito Murray|url=https://www.ced.org/people/single/lori-esposito-murray|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref> Prior to Murray, the organization was led by Bernard Bailey (2018 – 2020) and ] (2013-2018). Michael Petro is CED's Executive Vice President,<ref></ref> and Joseph Minarik is the organization's senior vice president and director of research.<ref></ref>
As of 2022 CED's stated aims are to sustain and promote ], improve ] and ], reform ], enhance ], and improve the fiscal health of the ].<ref name="About CED" />


== Principles == == Reception ==
The organization has been called "the capitalists who cared enough about the system to save it."<ref name=":0" />


⚫ == References ==
The organization's work is based on seven core principles: ], long-term economic growth, efficient fiscal and regulatory policy, competitive and open markets, a globally competitive workforce, equal economic opportunity, and nonpartisanship in the nation's interest.<ref>{{Cite web|title=About|url=https://www.ced.org/about|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
⚫ {{Reflist}}


== Further reading ==
CED lends its voice and expertise to help shape economic policies and initiatives that include efficient fiscal and regulatory policy, competitive and open markets, modernized infrastructure, accessible healthcare, a globally competitive workforce, education reform; and sustaining our democratic institutions.


{{Cite book|last=Schriftgiesser|first=Karl|url=https://www.worldcat.org/oclc/911692573|title=Business Comes of Age. The Story of the Committee for Economic Development and Its Impact Upon the Economic Policies of the United States, 1942-1960|date=1967|publisher=]|location=New York|language=English|oclc=911692573}}
== Policy research ==
CED conducts policy research in the following issue areas: fiscal health, education (including early childhood, K-12, and postsecondary), health care, workforce training, women in corporate leadership, regulatory policy, technology and innovation, infrastructure, and trade/economic globalization. CED aims to encourage American business leaders to take a more expansive view of their responsibilities by practicing what it calls "business stewardship" — recognizing that business leaders can promote societal health by engaging in and speaking out for the common good on timely public policy issues.<ref>{{Cite web|title=Policy Issues|url=https://www.ced.org/policyissues|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>

Recent CED policy research includes:

* Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness<ref>{{Cite web|title=Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness|url=https://www.ced.org/solutions-briefs/back-to-basic-research-an-rd-investment-plan-to-enhance-us-competitiveness|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*The Reconciliation Bill: Finding an Affordable Way to Build Back Better<ref>{{Cite web|title=The Reconciliation Bill: Finding an Affordable Way to Build Back Better|url=https://www.ced.org/solutions-briefs/the-reconciliation-bill-finding-an-affordable-way-to-build-back-better|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Building Infrastructure in Real Time: Avoiding Regulatory Paralysis<ref>{{Cite web|title=Building Infrastructure in Real Time: Avoiding Regulatory Paralysis|url=https://www.ced.org/solutions-briefs/building-infrastructure-in-real-time-avoiding-regulatory-paralysis|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*New York City: Rebuilding a Future-Focused Economy<ref>{{Cite web|title=New York City: Rebuilding a Future-Focused Economy|url=https://www.ced.org/solutions-briefs/new-york-city-rebuilding-a-future-focused-economy|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Global Supply Chains: Compete, Don't Retreat<ref>{{Cite web|title=Global Supply Chains: Compete, Don’t Retreat|url=https://www.ced.org/solutions-briefs/global-supply-chains|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Reimagining K-12 Education: Emerging from Disruption with Insights for Reform<ref>{{Cite web|title=Reimagining K-12: Emerging from Disruption with Insights for Reform|url=https://www.ced.org/solutions-briefs/reimagining-k-12-emerging-from-disruption-with-insights-for-reform|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Containing the Pandemic Public Debt<ref>{{Cite web|title=Containing the Pandemic Public Debt|url=https://www.ced.org/solutions-briefs/containing-the-pandemic-public-debt|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*A US Workforce Training Plan for the Postpandemic Economy<ref>{{Cite web|title=A US Workforce Training Plan for the Postpandemic Economy|url=https://www.ced.org/solutions-briefs/a-us-workforce-training-plan-for-the-postpandemic-economy|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Vaccinating America<ref>{{Cite web|title=Vaccinating America|url=https://www.ced.org/solutions-briefs/vaccinating-america|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Broadband Access - Connecting America<ref>{{Cite web|title=Broadband Access - Connecting America {{!}} Committee for Economic Development of The Conference Board|url=https://www.ced.org/solutions-briefs/broadband-access-connecting-america|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*A US Infrastructure Plan: Building for the Long Haul<ref>{{Cite web|title=A US Infrastructure Plan: Building for the Long Haul|url=https://www.ced.org/solutions-briefs/a-us-infrastructure-plan-building-for-the-long-haul|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*COVID-19's Impact on Women in the Workplace: Avoiding a Major Setback<ref>{{Cite web|title=COVID-19’s Impact on Women in the Workplace: Avoiding a Major Setback {{!}} Committee for Economic Development of The Conference Board|url=https://www.ced.org/solutions-briefs/covid-19s-impact-on-women-in-the-workplace-avoiding-a-major-setback|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Business Leaders Should Act to Advance New York City's COVID-19 Response<ref>{{Cite web|title=Business Leaders Should Act to Advance New York City’s COVID-19 Response|url=https://www.ced.org/solutions-briefs/business-leaders-should-act-to-advance-new-york-citys-covid-19-response|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*CED Report: First Hundred Days Plan<ref>{{Cite web|title=CED Report: First Hundred Days Plan|url=https://www.ced.org/solutions-briefs/first-hundred-days-plan|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*2020 Election: Achieving a Safe, Accessible, and Credible Election during COVID-19<ref>{{Cite web|title=2020 Election: Achieving a Safe, Accessible, and Credible Election during COVID-19|url=https://www.ced.org/solutions-briefs/2020-election-achieving-a-safe-accessible-and-credible-election-during-covi|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>
*Sustaining Capitalism: 2020 Election Series<ref>{{Cite web|title=Sustaining Capitalism: 2020 Election Series|url=https://www.ced.org/solutions-briefs/sustaining-capitalism-2020-election-series-compendium|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>

== Policy conferences ==

CED's policy conferences are forums for trustees, senior policy makers, and industry leaders to discuss pressing national issues that are aligned with CED's core policy areas: the economy, education, global competitiveness, and democratic institutions. To advance reasoned solutions from business in the nation's interest, CED convenes for two days, twice-yearly, to address these seminal economic issues.<ref></ref>

== Distinguished Leadership Awards Dinner ==
Held annually in New York City, the Distinguished Leadership Awards Dinner recognizes business leaders who have shown exemplary leadership in their companies and the communities in which they operate.<ref></ref>

2021 Honorees:

* ], President & CEO, ]; CED Distinguished Leadership Award
* Judy Marks, President & CEO, ]; CED Distinguished Leadership Award
* ], Chairman & Co-CEO, ]; CED Distinguished Leadership Award
* Margaret Keane, Executive Chair, ]; CED's Peter G. Peterson Award for Distinguished Leadership
* ], Founder & CEO, ]; Co-Founder & Chairman, ]; CED Distinguished Leadership Award
* ], Chairman & CEO, ]; CED Distinguished Leadership Award

2020 Honorees:

* ], Chairman, CEO & President, ]; CED Corporate Citizenship Award
* ], Chairman, President & CEO, ]; Peter G. Peterson Business Statesmanship Award
* ], Chairman & CEO, ]; CED Corporate Citizenship Award
* Lucinda "Cindy" Baier, President & CEO, ].; CED Corporate Citizenship Award
* Gary Norcross, Chairman & CEO, FIS; CED Corporate Citizenship Award
* ], President & CEO, ]; CED Corporate Citizenship Award

A full list of past honorees can be found . <ref>{{Cite web|title=Award Winners|url=https://www.ced.org/people/award-winners|access-date=2021-12-01|website=Committee for Economic Development of The Conference Board}}</ref>

⚫ ==References==
⚫ {{Reflist}}


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Latest revision as of 18:11, 11 March 2023

American think tank

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Committee for Economic Development of The Conference Board
AbbreviationCED
Formation1942
TypeThink tank nonprofit organization
HeadquartersNew York, NY, United States
Websitewww.ced.org

The Committee for Economic Development of The Conference Board (CED) is an American nonprofit and nonpartisan public policy think tank. The board of trustees consist primarily of senior corporate executives from a range of U.S. industries and sectors. The organization has been credited with helping to create the Marshall Plan.

History

According to Fortune the organization "originated in the Commerce Department" in 1942 and was created to encourage collaborative research among business leaders, economists, and New Deal politicians "to promote free enterprise and full employment, paying particular attention to the needs of small business".

The first business leaders on board were Paul G. Hoffman, president of Studebaker Corporation; William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Eastman Kodak Company. CED was first formed to help the U.S. economy transition from a wartime to peacetime economy. At the end of World War II, CED worked to garner support among the American business community for the Marshall Plan.

In January 2015, the Committee for Economic Development merged with The Conference Board. Both are non-partisan, non-lobbying, and have trustees drawn mainly from the business community.

Work

The CED has been credited with helping to create the Bretton Woods Agreement, the Employment Act of 1946 (and therefore the Council of Economic Advisers and the Joint Economic Committee) and the Marshall Plan.

Since its inception, CED has promoted policies that its trustees believe will foster American economic growth and development and indirectly benefit the country and people. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at all levels of government. More recently CED has also advocated to increase access to pre-kindergarten and college, for campaign finance reform nationally, for more women in corporate leadership, and for reduced government spending.

Stated aims

As of 2022 CED's stated aims are to sustain and promote free enterprise, improve education and healthcare, reform campaign finance, enhance corporate governance, and improve the fiscal health of the United States.

Reception

The organization has been called "the capitalists who cared enough about the system to save it."

References

  1. ^ Mudge, Stephanie L. (30 May 2019). "Commentary: An Alliance Between Big Business and Democratic Socialists Isn't as Unlikely as It Sounds". Fortune. Retrieved 2022-01-30.
  2. ^ Allott, Daniel (2020-01-21). "Capitalism must meet the challenge: Prosperity for all Americans". The Hill. Retrieved 2022-01-30.
  3. ^ "About". Committee for Economic Development of The Conference Board. Retrieved 2022-01-30.
  4. "The Conference Board to Merge with the Committee for Economic Development". PR Newswire. Retrieved 2022-01-30.

Further reading

Schriftgiesser, Karl (1967). Business Comes of Age. The Story of the Committee for Economic Development and Its Impact Upon the Economic Policies of the United States, 1942-1960. New York: Harper and Brothers. OCLC 911692573.

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