ANNUAL REPORT
Atlantic_Council_Annual_Report_0513
Atlantic_Council_Annual_Report_0513
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24 ATLANTIC COUNCIL 2015 <strong>ANNUAL</strong> <strong>REPORT</strong><br />
GLOBAL BUSINESS & ECONOMICS PROGRAM 25<br />
When US Secretary of State John Kerry needed<br />
to make a major policy speech in support of free<br />
trade, he chose the Atlantic Council as his venue,<br />
recognizing the Global Business Program’s<br />
unique ability to blend economics and security.<br />
“The Atlantic Council has become<br />
an essential forum for twenty-first<br />
century issues.”<br />
– MARILLYN HEWSON, CHAIRMAN, PRESIDENT, AND CEO,<br />
LOCKHEED MARTIN CORPORATION<br />
Pushing for the passage of Trade Promotion<br />
Authority, the secretary delivered a powerful<br />
message on the importance of free trade as a<br />
strategic tool to support international stability.<br />
He argued passionately for trade’s value in<br />
cementing alliances.<br />
The Global Business and Economics Program was<br />
founded to provide just this sort of forum. Led<br />
by former Executive Director of the International<br />
Monetary Fund Andrea Montanino, the Program<br />
convenes business leaders, government officials,<br />
and top experts to explore trends and frame<br />
policies that advance global economic growth<br />
and stability, with a particular focus on the<br />
transatlantic community.<br />
Secretary Kerry’s speech was the centerpiece<br />
of Atlantic Council programming on new<br />
free trade agreements—particularly the<br />
Transatlantic Trade and Investment Partnership<br />
(TTIP) and the Trans-Pacific Partnership (TPP).<br />
The Global Business Program’s newsletter<br />
TTIP&TRADEinAction has provided a worldwide<br />
audience with a weekly review of news<br />
and analysis of these groundbreaking trade<br />
negotiations.<br />
[ABOVE]<br />
Atlantic Council board directors Nelson Cunningham and Adrienne Arsht (left) with US Secretary of State John Kerry and<br />
Atlantic Council President and CEO Frederick Kempe. Secretary Kerry was at the Atlantic Council speaking on the central<br />
importance of TTIP and TTP to America’s security in the twenty-first century.<br />
AN INTERVIEW WITH<br />
C. BOYDEN GRAY<br />
C. Boyden Gray, former US ambassador to the European<br />
Union and White House counsel under President George H.<br />
W. Bush, founded the C. Boyden Gray Fellowship on Global<br />
Finance and Growth.<br />
Q: WHAT IS BEHIND THE COUNCIL’S PAST NINE YEARS<br />
OF TREMENDOUS GROWTH?<br />
A: The world has gotten a lot more difficult in the last many years.<br />
And the Atlantic Council is now remembering—what I grew up<br />
hearing—the clarion call of any southern lawyer: God bless the man<br />
who sues my client. The more trouble spots there are, sadly, the<br />
more necessary is the Atlantic Council in answering market needs<br />
for outside, objective expertise on these critical issues. The Council<br />
is a great organization responding to a difficult time in history.<br />
Q: WHAT ROLE DOES THE COUNCIL’S COMMUNITY OF<br />
INFLUENCE PLAY IN THE COUNCIL’S WORK?<br />
A: There is a deep bench of talent involved with the Council—both<br />
its staff and board. There is really a lot of firepower; and their<br />
practitioner’s approach sets the Council apart.<br />
Ideology, philosophy, vision and all that is very important,<br />
and we have a lot. But actually executing is paramount.<br />
My father was in government much of his life and he used<br />
to say, “any fool can think up a good idea, but it takes a<br />
genius to work it through the bureaucracy.” The Council’s<br />
community comprises people who have done the work,<br />
and that makes all the difference.<br />
Q: WHY LEND YOUR NAME TO THE BOYDEN GRAY<br />
FELLOW?<br />
A: The cornerstone of what the Atlantic Council can do is on<br />
the other side of the Atlantic Ocean. Europe is our largest<br />
trading partner and combines to form the biggest segment<br />
of global GDP. We share a common culture and common<br />
values. We should be acting as a united front against all<br />
the assaults on the key Western values of honest dealing,<br />
protection of private property and market economies, and<br />
individual liberty.<br />
We have to get the relationship straight with our European<br />
siblings—the people who naturally share our values—in<br />
order to reaffirm the prominence of those values. That’s<br />
why I’m glad the Council is refocusing its work on Europe<br />
with the Future Europe Initiative [Editor’s Note: See<br />
page 28].<br />
It’s important work to be done, and it starts—in a way—<br />
with finance and trade. If nothing else, the Great Recession<br />
showed that if we aren’t straight on the financial front, the<br />
end result will be ugly. Chris Brummer (the first Gray Fellow)<br />
has awakened everyone to the need for that coordination.<br />
Q: WHAT IS YOUR VISION FOR THE GRAY FELLOW,<br />
AND FOR THE ATLANTIC COUNCIL, GOING<br />
FORWARD?<br />
A: I hope that the Gray Fellow can contribute to a<br />
reestablishment of the historic ties with Europe, especially in<br />
connection with banking and finance. We have let those ties<br />
drift, but they are critical to the strength of the economies<br />
of both continents and to our ability to project our common<br />
values to the rest of the world.<br />
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