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| {{Short description|American think tank}} | |||
| {{advert|date=May 2015}} | |||
| {{pp-protected|reason=Persistent UPE|small=yes}} | |||
| {{infobox organization | |||
| |name = Committee for Economic Development | |||
| {{More citations needed|date=January 2022}} | |||
| {{Infobox organization | |||
| |name = Committee for Economic Development of The Conference Board | |||
| |image = | |image = | ||
| ] | ] | ||
| |size = | |size = | ||
| |abbreviation = CED | |abbreviation = CED | ||
| |motto = | |||
| |formation = 1942 | |formation = 1942 | ||
| |type = ] | |type = ] ] | ||
| |headquarters = ], ] | |headquarters = ], ] | ||
| |leader_title = Chief Executive Officer | |||
| |leader_name = ] | |||
| |key_people = {{hlist|Michael Petro | Joseph Minarik}} | |||
| | 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 = | |website = | ||
| }} | }} | ||
| The '''Committee for Economic Development''' ('''CED''') is |
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 ]. | ||
| == History and principles == | |||
| 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 war-time to peace-time economy. At the end of ], CED successfully worked to garner support among the American business community for the ].<ref></ref> | |||
| Since its inception, CED has aimed to promote policies that its Members 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></ref> | |||
| 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 members comprised mainly from the business community. CED's trusted policy voice in the nation's capital of ] expands the reach of The Conference Board's research; The Conference Board's economic data further strengthens CED's policy solutions. | |||
| == Leadership == | |||
| CED's Chief Executive Officer is ], who assumed the role in 2013. 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> | |||
| == Policy research == | |||
| CED conducts policy research in four major areas: fiscal health, education (including early childhood, K-12, and postsecondary), global competitiveness, and democratic institutions. CED aims to encourage American business leaders to take a more expansive view of their responsibilities by practicing what it calls "business statesmanship" — recognizing that business leaders can promote societal health by engaging in and speaking out for the common good on timely public policy issues. | |||
| In 2017, which marks CED's 75th anniversary, much of the organization's policy research was synthesized and promoted in its book, ''Sustaining Capitalism: Bipartisan Solutions to Restore Trust & Prosperity''.<ref></ref> | |||
| Recent CED policy research: | |||
| * Immigration Policy That Works: Bringing Foreign-Born Workers into High-Shortage Occupations to Grow Our Economy<ref></ref> | |||
| * Fixing America's Roads & Bridges: The Path Forward<ref></ref> | |||
| * The Economic Impact of the Food and Beverage Industry<ref></ref> | |||
| * Corporate Income Tax Reform in 2017?<ref></ref> | |||
| * Adjusting the Prescription: Improving the ]<ref></ref> | |||
| * New Mexico Business Leaders Survey<ref></ref> | |||
| * The Federal Budget Deficit and the Public Debt: Why and How to Deal with a Lurking Problem<ref></ref> | |||
| * Every Other One: More Women on Corporate Boards<ref></ref> | |||
| * The Landscape of Campaign Contributions<ref></ref> | |||
| * Modernizing ]<ref></ref> | |||
| * Poll: Chicago Business Executives Concerned About City Government Ethics, Support Reform<ref></ref> | |||
| * Tackling Economic Inequality, Boosting Opportunity<ref></ref> | |||
| * Poll: New Mexico Business Leaders Concerned About Ethical Behavior of Elected Officials, Support Solutions<ref></ref> | |||
| * Crony Capitalism, Corruption and the Economy in the State of New Mexico<ref></ref> | |||
| * Choosing Justice? The Need for Judicial Selection Reform<ref></ref> | |||
| * Crony Capitalism: Unhealthy Relations Between Business and Government<ref></ref> | |||
| * Child Care in State Economies<ref></ref> | |||
| * Adjusting the Prescription: CED Recommendations for Health Care Reform<ref></ref> | |||
| * The Role of Business in Promoting Educational Attainment<ref></ref> | |||
| * Poll: New Mexico Business Leaders Support Campaign Finance Reform<ref></ref> | |||
| * How Business Leaders Can Support College- and Career-Readiness<ref></ref> | |||
| * Boosting California’s Postsecondary Education Performance<ref></ref> | |||
| * Survey: American Business Leaders On Campaign Finance<ref></ref> | |||
| == |
== 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> | |||
| 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> | |||
| CED's policy conferences are forums for Members, 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. At each Conference, CED also honors a distinguished business leader with the ''Leadership in the Nation's Interest Award''.<ref></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}} | |||
| Recent and distinguished speakers include: | |||
| == Work == | |||
| * Andy Ozment, Assistant Secretary, ], Cybersecurity and Communications, ] | |||
| The CED has been credited with helping to create the ], the ] (and therefore the ] and the ]) and the ].<ref name=":1" /><ref name=":0" /> | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * Former ], ] | |||
| * Former ], ] | |||
| * Former ], ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| * ] | |||
| 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}} | |||
| 2017 ''Leadership in the Nation's Interest Award'' Honorees: | |||
| * Laura Karet, President and Chief Executive Officer, ] | |||
| * ], President and Chief Executive Officer, Triple Creek Guest Ranch | |||
| == Stated aims == | |||
| Past ''Leadership in the Nation's Interest Award'' Honorees: | |||
| 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" /> | |||
| * ], President and Chief Executive Officer, ] | |||
| * ], Chairman, Chief Executive Officer, and President, ] | |||
| * Greg Sherrill, Chairman and Chief Executive Officer, ] | |||
| * Thomas C. Nelson, Chairman, President, and Chief Executive Officer, ] | |||
| == Reception == | |||
| == Distinguished Performance Awards Dinner == | |||
| The organization has been called "the capitalists who cared enough about the system to save it."<ref name=":0" /> | |||
| Held annually in New York City, the Distinguished Performance Awards Dinner recognizes business leaders who have shown leadership in their companies and the communities in which they operate.<ref></ref> | |||
| == References == | |||
| 2017 Honorees: | |||
| {{Reflist}} | |||
| * ], Chairman & Chief Executive Officer, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], President & CEO, ], Excellence in Public Policy Award | |||
| * Ronald P. O'Hanley, President & CEO, ], CED Leadership Award | |||
| * ], Group Worldwide Chairman, ], Corporate Citizenship Award | |||
| * ], President and CEO, ], Owen B. Butler Education Excellence Award | |||
| * ], President & CEO, ], Leadership in Diversity Award | |||
| == Further reading == | |||
| Past Honorees: | |||
| * ], Chairman and Chief Executive Officer, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Executive Chairman, ], Owen B. Butler Education Excellence Award | |||
| * Alan M. Dachs, President and Chief Executive Officer, ], Corporate Citizenship Award | |||
| * ], Chairman, President and CEO, ], Leadership in Diversity Award | |||
| * Takeshi "Tak" Niinami, President and CEO, ], Global Leadership Award | |||
| * ], Chairman and CEO, Grand Reserve Inn, former Chairman and CEO, ], CED Leadership Award | |||
| * ], Co-Founder, ], Owen B. Butler Education Excellence Award | |||
| * ], President and CEO, ], Corporate Citizenship Award | |||
| * ], Co-CEO, Carlson Holdings; Former Chairman and CEO, ], Leadership in Diversity Award | |||
| * ], Founder and Chairman, ], CED Leadership Award | |||
| * ], Chairman, President and CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], CEO, ], Global Leadership Award | |||
| * ], Chairman of the Executive Committee, ], Global Leadership Award | |||
| * ], President and Chief Executive Officer, ], CED Leadership Award | |||
| * ], Co-Chairman and Co-CEO, ], Excellence in Public Policy Award | |||
| * ], Managing Partner, Pritzker Group, Owen B. Butler Education Excellence Award | |||
| * ], Chairman and CEO, ], Corporate Citizenship Award | |||
| * ], Chairman and CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Chairman and CEO, ], Leadership in Diversity Award | |||
| * ], President and CEO, ], Excellence in Public Policy Award | |||
| * Joseph E. Kasputys, CEO, Economic Ventures, CED Leadership Award | |||
| * ], Chairman and CEO, ], Corporate Citizenship Award | |||
| * ], Chairman and CEO, ], Owen B. Butler Education Excellence Award | |||
| * ], Chairman, President and Chief Executive Officer, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], President and CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Chairman, President, and CEO, ], Corporate Citizenship Award | |||
| * Carl Camden, President and Chief Executive Officer, ], Excellence in Public Policy Award | |||
| * ], President and CEO, ], Leadership in Diversity Award | |||
| * ], Chairman and CEO, ], CED Leadership Award | |||
| * Bruce K. MacLaury, President Emeritus, ], CED Leadership Award | |||
| * ], Global Vice Chair, Public Policy, ], Corporate Citizenship Award | |||
| * ], Chairman and Chief Executive Officer, ], Peter G. Peterson Business Statesmanship Award | |||
| * Kees Kruythoff, Head of Unilever North America, ], Global Leadership Award | |||
| * ], Chairman and Chief Executive Officer, ], Excellence in Public Policy Award | |||
| * ], CEO & President, ], Excellence in Public Policy Award | |||
| * ], Senior Fellow and Director, Economic Policy Initiative, ], CED Leadership Award | |||
| * ], Chairman & CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Chairman, Rose Associates, Inc., CED Leadership Award | |||
| * ], CEO, ], Global Leadership Award | |||
| * ], Chairman, President and CEO, ], Corporate Citizenship Award | |||
| * ], Founder, ], Excellence in Public Policy Award | |||
| * ], Chairman, ], Peter G. Peterson Business Statesmanship Award | |||
| * Lenny Mendonca, Director Emeritus, ], CED Leadership Award | |||
| * ], Chairman and Chief Executive Officer, ], Corporate Citizenship Award | |||
| * ], President, ], Corporate Citizenship Award | |||
| * Robert H. Dugger, Founder and Managing Partner, Hanover Investment Group LLC, CED Leadership Award | |||
| * ], Chairman of the Board, ], Global Leadership Award | |||
| * ], Chairman, President and CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Worldwide Managing Director, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Chairman, President and CEO, ], Corporate Citizenship Award | |||
| * ], President, ], Global Leadership Award | |||
| * ], President, ], Excellence in Public Policy Award | |||
| * ], Chairman, Board of Directors, and CEO, ], Corporate Citizenship Award | |||
| * ], President and Chief Executive Officer, ], Peter G. Peterson Business Statesmanship Award | |||
| * ], Chairman and CEO, ], Peter G. Peterson Business Statesmanship Award | |||
| * Hugh Price, Senior Advisor, ], Excellence in Public Policy Award | |||
| * Doctor Isaiah Frank, William L. Clayton Professor of International Economics, ], Global Leadership Award | |||
| * Carla Anderson Hills, Former CEO, ], Excellence in Public Policy Award | |||
| * ], CEO, ], Corporate Citizenship Award | |||
| * ], Chairman, President and CEO, ], Corporate Citizenship Award | |||
| * ], Former Governor, North Carolina, Excellence in Public Policy Award | |||
| * ], Chairman, ], Excellence in Public Policy Award | |||
| * ], Chairman, Fuji Xerox Co., Ltd. & Keizai Doyukai, Global Leadership Award | |||
| * ], Co-Founder, ], Excellence in Public Policy Award | |||
| * ], Chairman and CEO, ], Corporate Citizenship Award | |||
| * ], Excellence in Public Policy Award | |||
| * ], Excellence in Public Policy Award | |||
| * ], Excellence in Public Policy Award | |||
| * ], Excellence in Public Policy Award | |||
| * Josh S. Weston, CEO and Chairman, ], Corporate Citizenship Award | |||
| * Donald L. Boudreau, Chief Financial Officer, ], Corporate Citizenship Award | |||
| * Verne G. Istock, Chairman, President and CEO, ], Corporate Citizenship Award | |||
| * ], Chairman and CEO, ], Corporate Citizenship Award | |||
| * Donald J. Schuenke, Chairman, ], Corporate Citizenship Award | |||
| * ], ], Distinguished Service Award | |||
| {{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}} | |||
| ==References== | |||
| {{reflist}} | |||
| {{Authority control}} | |||
| {{American think tanks}} | |||
| ] | |||
| ] | ] | ||
| ] | |||
| ] | |||
| ] | |||
Latest revision as of 18:11, 11 March 2023
American think tank
 | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Committee for Economic Development" – news · newspapers · books · scholar · JSTOR (January 2022) (Learn how and when to remove this message) |
 | |
| Abbreviation | CED |
|---|---|
| Formation | 1942 |
| Type | Think tank nonprofit organization |
| Headquarters | New York, NY, United States |
| Website | www.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
- ^ 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.
- ^ Allott, Daniel (2020-01-21). "Capitalism must meet the challenge: Prosperity for all Americans". The Hill. Retrieved 2022-01-30.
- ^ "About". Committee for Economic Development of The Conference Board. Retrieved 2022-01-30.
- "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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