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.
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