Clyde Prestowitz is the founder and president of the Economic Strategy Institute (ESI), where he has become one of the world's leading writers and strategists on globalization and competitiveness, and an influential advisor to the U.S. and other governments. He has also advised a number of global corporations such as Intel, FormFactor, and Fedex and serves on the advisory board of Indonesia's Center for International and Strategic Studies. He is the author of the 2010 book The Betrayal of American Prosperity: Free Market Delusions, America's Decline, and How We Must Compete in the Post-Dollar Era.
The New York Times has called Prestowitz one of the most far-seeing forecasters of global trends. He was among the very first to warn of the approach of the recent economic crisis, the decline of the dollar, and the dangers of the global trade imbalances.
Prior to founding ESI, Prestowitz served as counselor to the secretary of commerce in President Ronald Reagan's administration where he headed U.S. negotiations with Japan, Korea, the European Union, Southeast Asia, and Latin America and served as a leader of the first U.S. trade mission to China. Subsequently, he became a fellow of the Carnegie Endowment for International Peace and was appointed vice chairman of President Bill Clinton's Commission on Trade and Investment in the Asia-Pacific Region as well as a member of the advisory board of the U.S. Export-Import Bank.
In addition, he was elected vice chairman of the Pacific Basin Economic Council and has served on the Intel Policy Advisory Board, the advisory board of the Indonesian Center for Strategic and International Studies, the International Advisory Board of the American Management Association, and as strategic advisor to the chairman of FormFactor Corp.
Before joining the Commerce Department, he was head of global marketing with the American Can Company, vice president-Japan for Egon Zehnder International, and director of European marketing and planning for Scott Paper Company.
Clyde Prestowitz regularly writes for leading publications, including the
New York Times, the Washington Post, Fortune, and Foreign Affairs. He is the
author of the best-selling books, Trading Places, Asia after the
Miracle, Rogue Nation, and the recent, Three Billion New
Capitalists: the Great Shift of Wealth and Power to the East.
Prestowitz has a B.A. with honors from Swarthmore College; an M.A. in East-West policies and economics from the East-West Center of the University of Hawaii; and an MBA from the Wharton Graduate School of Business. He also studied at Keio University in Tokyo.
Clyde Prestowitz is the president of the Economic Strategy Institute and writes on the global economy for FP.