Atlantic Council

The economic partnership between the United States and EU is a model for and a driving force of the global economy.  Together, the United States and European Union comprise nearly 40% of global GDP and share the world’s largest trading relationship.  Transatlantic investment by the deeply integrated business community is an even greater source of prosperity, economic growth, job creation and innovation in both markets, and further illustrates our profound economic interdependence.  The economic ties between the United States and EU are sturdy, even in times of political divergence, continuing to deepen and solidify these ties and further open our markets is of mutual benefit for both parties.

As globalization continues to expand, it is increasing wealth and power for many emerging countries, and fundamentally transforming the dynamics of the global economy.  Transatlantic cooperation and leadership will be increasingly crucial to ensure continued openness and stability in the global economy, to support international economic institutions and high standards, and to counter regionalism or economic nationalism.  

In order to promote further transatlantic economic integration and cooperation, the Atlantic Council has launched the Business and Economics Advisory Group (BEAG).  This group of internationally renowned policy experts and leaders from the academic, business, and political fields in both Europe and the United States will heighten the visibility and level of debate on a wide range of transatlantic business and economic policy issues.  

The BEAG, co-chaired by Caio Coch-Weser, vice chairman of Deutsche Bank, and Stuart Eizenstat, former deputy secretary of the U.S. Treasury, examines key economic topics where there is an identifiable common transatlantic challenge, and identifies specific avenues for transatlantic cooperation on those topics.  BEAG members will be instrumental in policy formation and debates regarding economic and trade policy in both the United States and Europe, providing expertise and stature to the Council’s work on a range of economic and business issues, including:

• The future of trade liberalization initiatives
• The impact of emerging economies in the global arena
• Economic aspects of climate change
• The international impact of private capital movements
• Transatlantic leadership in global economic institutions

The BEAG will serves as a key advisory group for the Atlantic Council’s Global Business and Economics Program.

More on the BEAG's activities is available here.

Co-Chairs:

Stuart Eizenstat, Co-Chair Head of International Trade and Finance Covington & Burling

	Caio Koch-Weser, Co-Chair Vice Chairman Deutsche Bank Group

Members:

Timothy Adams, Managing Director, The Lindsay Group

Leszek Balcerowicz, Professor, Warsaw School of Economics

Nancy Birdsall, President, Center for Global Development

Jeffrey Frankel, James W. Harpel Professor, Kennedy School of Government, Harvard University

Ronald Freeman, Member of the Board, Troika Dialogue

Jacob A. Frenkel, Vice Chairman, American International Group, Inc.

Brian Henderson, Vice Chair, Atlantic Council

Alan Larson, Senior International Policy Advisor, Covington & Burling

Jean Lemierre, Senior Advisor to the Chairman, BNP-Paribas

Erika Mann, Member of European Parliament, European Parliament

Mario Monti, President, Bocconi University, Milan

Wolfgang Munchau, Director, Eurointelligence Advisors Ltd.

Daniel M. Price, Partner, Sidley Austin

Kenneth Rogoff, Thomas D. Cabot Professor, Harvard University

Andre Sapir, Senior Fellow, Breugel, and Economics Professor, Université Libre de Bruxelles

Paula Stern, Chairwoman, The Stern Group

Daniel Yergin, Chairman, Cambridge Energy Research Associates