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Revision as of 17:10, 1 December 2021 by Mch115 (talk | contribs) (I updated the CED page with updated information about the organization, changes to the leadership, new research reports, and the latest recipients of its annual leadership awards.)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) American think tank
Committee for Economic Development
AbbreviationCED
Formation1942
Typenonprofit organization
HeadquartersNew York, New York, United States
PresidentDr. Lori Esposito Murray
Revenue$4,699,329 (2014)
Expenses$4,502,539 (2014)
Websitewww.ced.org

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. 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 Marshall Plan, the economic development program that helped rebuild Europe and maintain the peace; and the Bretton Woods Agreement that established the new global financial system, and both the World Bank and International Monetary Fund.

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: pre-K education importance and funding, bipartisan campaign reform, corporate governance reform, U.S. fiscal health, academic standards in K-12 education, post-secondary education access and achievement, importance of STEM education, immigration, free trade, foreign assistance, women on corporate boards, Medicare and broader healthcare reform, crony capitalism, inequality, judicial selection reform, child care, the role of business in promoting educational attainment, digital learning, teacher compensation and quality, corporate short-termism, federal tax reform, social security, 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 are disseminated widely, achieving tangible impact at the local, state, and national levels.

History

CED was founded in 1942 by a group of business leaders led by 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 successfully worked to garner support among the American business community for the Marshall Plan.

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 pre-kindergarten and college, advocated campaign finance reform nationally, placed more women in corporate leadership, and reduced government spending.

In January 2015, the Committee for Economic Development merged with The Conference Board, given the many synergies between the two organizations. Both are non-partisan, non-lobbying, and have Trustees comprised mainly from the business community.

Leadership

CED’s president is Dr. Lori Esposito Murray. Prior to Murray, the organization was led by Bernard Bailey (2018 – 2020) and Steve Odland (2013-2018). Michael Petro is CED's Executive Vice President, and Joseph Minarik is the organization's senior vice president and director of research.

Principles

The organization'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 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.

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.

Recent CED policy research includes:

  • Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness
  • The Reconciliation Bill: Finding an Affordable Way to Build Back Better
  • Building Infrastructure in Real Time: Avoiding Regulatory Paralysis
  • New York City: Rebuilding a Future-Focused Economy
  • Global Supply Chains: Compete, Don't Retreat
  • Reimagining K-12 Education: Emerging from Disruption with Insights for Reform
  • Containing the Pandemic Public Debt
  • A US Workforce Training Plan for the Postpandemic Economy
  • Vaccinating America
  • Broadband Access - Connecting America
  • A US Infrastructure Plan: Building for the Long Haul
  • COVID-19's Impact on Women in the Workplace: Avoiding a Major Setback
  • Business Leaders Should Act to Advance New York City's COVID-19 Response
  • CED Report: First Hundred Days Plan
  • 2020 Election: Achieving a Safe, Accessible, and Credible Election during COVID-19
  • Sustaining Capitalism: 2020 Election Series

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.

Distinguished Performance Awards Dinner

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.

2021 Honorees:

2020 Honorees:

A full list of past honorees can be found here.

References

  1. ^ "Committee for Economic Development" (PDF). Foundation Center. Retrieved 23 March 2017.
  2. "About". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  3. "Reports". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  4. ^ About CED
  5. The Conference Board to Merge with the Committee for Economic Development
  6. "Lori Esposito Murray". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  7. Michael Petro
  8. Joseph Minarik
  9. "About". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  10. "Policy Issues". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  11. "Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  12. "The Reconciliation Bill: Finding an Affordable Way to Build Back Better". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  13. "Building Infrastructure in Real Time: Avoiding Regulatory Paralysis". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  14. "New York City: Rebuilding a Future-Focused Economy". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  15. "Global Supply Chains: Compete, Don't Retreat". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  16. "Reimagining K-12: Emerging from Disruption with Insights for Reform". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  17. "Containing the Pandemic Public Debt". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  18. "A US Workforce Training Plan for the Postpandemic Economy". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  19. "Vaccinating America". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  20. "Broadband Access - Connecting America | Committee for Economic Development of The Conference Board". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  21. "A US Infrastructure Plan: Building for the Long Haul". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  22. "COVID-19's Impact on Women in the Workplace: Avoiding a Major Setback | Committee for Economic Development of The Conference Board". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  23. "Business Leaders Should Act to Advance New York City's COVID-19 Response". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  24. "CED Report: First Hundred Days Plan". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  25. "2020 Election: Achieving a Safe, Accessible, and Credible Election during COVID-19". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  26. "Sustaining Capitalism: 2020 Election Series". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
  27. CED Policy Conferences
  28. CED Distinguished Performance Awards Dinner
  29. "Award Winners". Committee for Economic Development of The Conference Board. Retrieved 2021-12-01.
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