Michael Chertoff, Paula Dobriansky, Jim Clifton, Joseph Stiglitz and Francis Finlay discuss how economic unease and austerity affects global security priorities.Expert political analysts and economists discuss how economic unease and austerity affects global security priorities. Michael Chertoff, Paula Dobriansky, Jim Clifton, Joseph Stiglitz and Francis Finlay are in conversation."
As Secretary of the U.S. Department of Homeland Security from 2005 to 2009, Mr. Chertoff led the country in blocking would-be terrorists from crossing our borders or implementing their plans if they were already in the country. He also transformed FEMA into an effective organization following Hurricane Katrina. His greatest successes have earned few headlines – because the important news is what didn’t happen.
At Chertoff Group, Mr. Chertoff will provide high-level strategic counsel to corporate and government leaders on a broad range of security issues, from risk identification and prevention to preparedness, response and recovery. “Risk management has become the CEO’s concern,” he says. “We help our clients develop comprehensive strategies to manage risk without building barriers that get in the way of carrying on their business.”
Before heading up the Department of Homeland Security, Mr. Chertoff served as a federal judge on the U.S. Court of Appeals for the Third Circuit. Earlier, during more than a decade as a federal prosecutor, he investigated and prosecuted cases of political corruption, organized crime, corporate fraud and terrorism – including the investigation of the 9/11 terrorist attacks.
Mr. Chertoff is a magna cum laude graduate of Harvard College (1975) and Harvard Law School (1978). From 1979-1980 he served as a clerk to Supreme Court Justice William Brennan, Jr.
In addition to his role at Chertoff Group, Mr. Chertoff is also senior of counsel at Covington & Burling LLP, and a member of the firm’s White Collar Defense and Investigations practice group.
Since 1988, Jim Clifton has served as CEO of Gallup, a leader in organizational consulting and public opinion research. His most recent innovation, the Gallup World Poll, is designed to give the world's 7 billion citizens a voice in virtually all key global issues. Mr. Clifton has pledged to continue this effort to collect world opinion for 100 years in 150 countries.
Under Mr. Clifton's leadership, Gallup has achieved a fifteenfold increase in its billing volume and expanded Gallup from a predominantly U.S.-based company to a worldwide organization with 40 offices in 30 countries and regions.
Mr. Clifton is the creator of The Gallup Path, a metric-based economic model that establishes the linkages among human nature in the workplace, customer engagement, and business outcomes. This model is used in performance management systems in more than 500 companies worldwide. He is also the author of many articles and of the book The Coming Jobs War.
Mr. Clifton serves on several boards and is Chairman of the Thurgood Marshall College Fund. He has received honorary degrees from Jackson State, Medgar Evers, and Bellevue Universities.
Paula J. Dobriansky
Ambassador Paula J. Dobriansky holds the Distinguished National Security Chair at the U.S. Naval Academy. She is also an adjunct Senior Fellow at Harvard University’s JFK Belfer Center for Science and International Affairs and Chair of the National Board of Directors of the World Affairs Councils of America. Recently, she was Senior Vice President and Global Head of Government and Regulatory Affairs at Thomson Reuters.
From May 2001 to January 2009, Ambassador Dobriansky served as Under Secretary of State for Democracy and Global Affairs (longest serving in history.) In February 2007, she was appointed the President's Special Envoy to Northern Ireland.
Prior to her Presidential appointments, Ambassador Dobriansky served as Senior Vice President and Director of the Washington Office of the Council on Foreign Relations. She was also the Council's first George F. Kennan Senior Fellow for Russian and Eurasian Studies.
Her other government appointments include Associate Director for Policy and Programs at the United States Information Agency, Deputy Assistant Secretary of State for Human Rights and Humanitarian Affairs, Deputy Head of the U.S. Delegation to the 1990 Copenhagen Conference on Security and Cooperation in Europe (CSCE), Advisor to the U.S. Delegation to the 1985 U.N. Decade for Women Conference in Nairobi, Kenya, and Director of European and Soviet Affairs at the National Security Council, the White House. From 1997-2001, she served on the Presidentially-appointed U.S. Advisory Commission on Public Diplomacy.
Ambassador Dobriansky received a B.S.F.S. summa cum laude in International Politics from Georgetown University School of Foreign Service and an M.A. and Ph.D. in Soviet political/military affairs from Harvard University. She is a Fulbright-Hays scholar, Ford and Rotary Foundation Fellow, a member of Phi Beta Kappa and a recipient of various honors, including the Secretary of State’s highest honor, the Distinguished Service Medal, and high-level international recognition such as the Commander Cross of the Order of Merit of Poland, Poland's Highest Medal of Merit, Grand Cross of Commander of the Order of the Lithuanian Grand Duke Gediminas, National Order "Star of Romania", Hungary’s Commander’s Cross Order of Merit and Ukraine’s Order of Merit. She has also received three Honorary Doctorates of Humane Letters and one Honorary Doctorate of Laws.
Francis Finlay, EastWest Institute's Co-Chairman of the Board, is currently a director of several international investment companies and Chairman or a member of a number of endowment investment committees in the US and the UK. Mr. Finlay was formerly Chairman and CEO of Clay Finlay Inc., a global investment management firm based in New York which he co-founded in 1982. The firm was acquired in 2000 and Mr. Finlay stepped down from an executive role in 2006.
Earlier in his career, Mr. Finlay held senior investment management positions at Morgan Guaranty Trust in New York and Lazard Freres in New York and previously Paris, and was a member of the investment committees of both institutions.
Mr. Finlay's interests outside the investment world include serving as Co-Chairman of the EastWest Institute in New York, a Trustee of the British Museum, Chairman of the James Martin 21st Century Foundation, and a Governor and Trustee of the Ditchley Foundation.
Educated at Oxford University, he is an Honorary Fellow of Merton College and a member of the Chancellors Court of Benefactors. Mr. Finlay served as an Adjunct Professor at Columbia University School of Business 1981-1986 and was subsequently a Governor of the London Business School 2002-2011. He is also a Chartered Financial Analyst.
Joseph E. Stiglitz
Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York and Chair of Columbia University's Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information, and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize.
Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000. In 2008 he was asked by the French President Nicolas Sarkozy to chair the Commission on the Measurement of Economic Performance and Social Progress, which released its final report in September 2009. In 2009 he was appointed by the President of the United Nations General Assembly as chair of the Commission of Experts on Reform of the International Financial and Monetary System, which also released its report in September 2009.
Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute. He serves on numerous other boards, including Amherst College's Board of Trustees and Resources for the Future.
Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D.
His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.
Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages, besides at least two pirated editions, and in the non-pirated editions has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton); Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald; Fair Trade for All (Oxford University Press), with Andrew Charlton; Making Globalization Work, (W.W. Norton and Penguin/ Allen Lane, 2006); and The Three Trillion Dollar War: The True Cost of the Iraq Conflict, (W.W. Norton and Penguin/ Allen Lane, 2008), with Linda Bilmes of Harvard University. His newest book, Freefall: America, Free Markets, and the Sinking of the World Economy, was published in January 2010 by WW Norton and Penguin/ Allen Lane.