University of Southern California

USC Global Conversation

The Future of the Global Economy London, October 8-9, 2012


Jack StrawJack Straw is a British Labour Party politician who has been the Member of Parliament (MP) for Blackburn since 1979. He served as Home Secretary from 1997 to 2001, Foreign Secretary from 2001 to 2006 and Lord Privy Seal and Leader of the House of Commons from 2006 to 2007 under Tony Blair. From 2007 to 2010 he was the Lord High Chancellor of Great Britain and the Secretary of State for Justice, appointed as part of Prime Minister Gordon Brown’s first Cabinet. Straw is one of only three people to have served in Cabinet continuously from 1997 to 2010 (the others being Gordon Brown and Alistair Darling).

Manuel CastellsManuel Castells, a USC University Professor and the most cited communication scholar in the world, is the recipient of Norway’s 2012 Holberg International Memorial Prize, a $775,000 accolade that recognizes outstanding scholarly work in arts and humanities, social science, law and theology. Castells is a professor of communication and sociology who holds the Wallis Annenberg Chair of Communication Technology and Society at the USC Annenberg School for Communication and Journalism. Castells is the author of 22 academic books and editor or co-author of 21 additional books, as well as more than 100 articles in academic journals. Castells was a Distinguished Visiting Professor of Technology and Society at the Massachusetts Institute of Technology from 2004 to 2009; Distinguished Visiting Professor of Technology and Society at Santa Clara University from 2006 to 2010; and Distinguished Visiting Professor of Internet Studies at Oxford University from 2006 to 2010. He has lectured in more than 300 academic institutions in 46 countries, has been awarded 14 honorary doctorates from universities in 11 countries and has won medals of honor from five governments.

Castells’ expertise in communications has earned him, among other distinguished awards, the Guggenheim Fellowship, the C. Wright Mills Award from the Society for the Study of Social Problems, Spain’s National Prize of Sociology and Political Science, the Erasmus Medal from the Academia Europaea, the Robert and Helen Lynd Lifetime Achievement Award from the American Sociological Association for his contribution to community and urban sociology, and the Oxford Internet Institute Lifetime Achievement Award.

Lord John EatwellJohn Eatwell is Director of the Cambridge Endowment for Research in Finance, and Professor of Financial Policy in the Judge Business School, University of Cambridge. He was educated at Cambridge and Harvard and has taught economics and finance at Cambridge since 1970. He became President of Queens’ College, Cambridge in 1997.

From 1985 to 1992 John Eatwell served as economic adviser to Neil Kinnock, the then leader of the Labour Party. In that post he was responsible for much of the work that led to a substantial re-alignment of the Labour Party’s economic policies. In 1992 he entered the House of Lords, and from 1993 to 1997 was Principal Opposition Spokesman on Treasury and Economic Affairs, a post he has just resumed (June 2010).

In 1988, together with Clive Hollick, he set up the Institute for Public Policy Research, which has now established itself as one of Britain’s leading policy think-tanks. He was Chairman from 1997 to 2000, and remains a Trustee.

In 1997 he joined the board of the Securities and Futures Authority (SFA), Britain’s securities markets regulator (up to the end of 2001), serving on the Enforcement Committee and the Capital Committee. His publications in this field include Global Finance at Risk: The Case for International Regulation (New Press, New York, 2000), International Capital Markets, (Oxford University Press, New York, 2002), Global Governance of Financial Systems: The Legal and Economic Regulation of Systemic Risk (Oxford University Press, New York, 2005). When the SFA ceased to operate he became a member of the Regulatory Decisions Committee of the Financial Services Authority (until 2006). He now sits as a Commissioner on the Jersey Financial Services Commission.

He is currently a director of SAV Credit Limited (a credit card company). He is an adviser to the private equity firms Warburg Pincus & Company International Ltd and Palamon Capital Partners.  John Eatwell has been a non-executive director of Cambridge Econometrics (an economic research firm) and of Rontech Ltd (a producer of management software for the financial services industry). He was a non-executive director of Anglia Television Ltd. from 1994 to 2001. From 1997-2000 he chaired the British Screen Group of companies (which included British Screen Finance, British Screen Rights, and the National Film Trustee Company). From 2000-04 he chaired the Commercial Radio Companies Association.

He was a member of the Board of Directors of the Royal Opera House, Covent Garden from 1998-2006, and a Governor of the Royal Ballet School, 2003-06. He is currently Chairman of the Royal Opera House Pension Fund Trustees. He was Chairman of the British Library, 2001-06.

Each Fall John Eatwell teaches courses at USC (“History of Economic Thought” for graduate students; and “The World Economy 2030” for undergraduates). His wife Suzi, a famous choral conductor, teaches in the USC Thornton School of Music.

Sir David KingDavid King is the Director of the Smith School of Enterprise and the Environment at the University of Oxford, Director of Research in Physical Chemistry at the University of Cambridge, Director of the Collegio Carlo Alberto, Chancellor of the University of Liverpool and a senior scientific adviser to UBS. King was the UK Government’s Chief Scientific Adviser and Head of the Government Office of Science from October 2000 to 31 December 2007. In that time, he raised the profile of the need for governments worldwide to act on climate change and was instrumental in creating the new £1bn Energy Technologies Institute.  He gave over 300 talks on climate change at venues around the world between 2002 and 2007.  In 2008 he co-authored The Hot Topic (Bloomsbury) on this subject.  As Director of the Government’s Foresight Programme, he created an in-depth horizon scanning process that advised government on a range of long-term problems, from flooding to obesity.

He has published more than 500 papers on chemical physics and on science and policy, and has been awarded numerous prizes, fellowships, and honorary degrees. King became a Fellow of the Royal Society in 1991, Foreign Fellow of the American Academy of Arts and Sciences in 2002, was knighted in 2003 for his work in science, and received the award of “Officier dans l’ordre national de la Légion d’Honneur” from the French President in 2009 for his work on climate change and on negotiation the international agreement to build the world’s largest technology project, the ITER fusion reactor.

Pip McCrostiePip McCrostie is the Global Vice Chair of Transaction Advisory Services (TAS), Ernst & Young. In that role, she focuses on ensuring that the global TAS practice delivers high-quality services to help leading corporations, private equity firms and sovereign wealth funds achieve their strategic transaction goals. As leader of more than 7,000 TAS professionals in more than 80 countries, McCrostie is committed to developing strong client relationships at all levels, and leads the investment decisions that position the TAS practice to meet the current and future demands of the international transaction market.

A qualified lawyer, McCrostie joined Ernst & Young in 1987 andhas played key roles in major transactions in the US and Europe, including considerable experience advising private equity houses on the tax aspects of transactions. She was a founder of the European Transaction Tax network and co-founded the UK Transaction Tax group. She remains a Client Service Partner on a key Ernst & Young private equity account.

Mohammed PesaranM. Hashem Pesaran is the John Elliott Chair in Economics and Professor of Economics at the University of Southern California. Previsouly, Pesaran has held positions as professor at the Faculty of Economics at the University of Cambridge and a Professorial Fellow of Trinity College, Cambridge.  He has also served as head of the Economic Research Department of the Central Bank of Iran and the Under-Secretary of the Ministry of Education, Iran. He has also been a Professor of Economics and the Director of the Applied Econometrics Program at UCLA, and Visiting Professor at the Institute of Advanced Studies in Vienna, at the University of Pennsylvania, and the University of Southern California. He is a Fellow of the British Academy, a Fellow of the Econometric Society, and a Fellow of the Journal of Econometrics. He is the recipient of the 1990 George Sell Prize from The Institute of Petroleum, London, the 1992 Royal Economic Society Prize for the best article published in The Economic Journal for the years 1990 and 1991, and the joint recipient of the Econometric Reviews Best Paper Award 2002-2004 for his paper on Long Run Structural Modeling.

Pesaran is the founding editor of the Journal of Applied Econometrics, and a co-developer of Microfit (versions 1-5), an econometric software package published by Oxford University Press. He has been a member of the Board of Trustees of the Economic Research Forum for Arab Countries, Iran, and Turkey over the period, and has served as a member of the World Bank’s Council of Advisers for the Middle East and North Africa, 1996-2000. Pesaran has served as a Director on the Board of Acorn Investment Trust and Cambridge Econometrics, and is now Honorary President of Cambridge Econometrics. In 1997 he became a Charter Member of the Oliver Wyman Institute, serving until January 2000. Between 2000 and 2002 he was appointed Vice President in charge of development and computerized trading systems at Tudor Investment Corporation, Connecticut, USA and in October 2004 he was appointed as Director of USC College Institute for Economic Policy Research. He has over 130 publications in leading scientific journals in the areas of econometrics, empirical macroeconomics and the Iranian economy, and is an expert in the economics of Oil and the Middle East.

NOTE: All speakers are subject to change without notice.