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Kathleen Cooper

Former Under Secretary for Economic Affairs for the U.S. Department of Commerce

Kathleen Cooper

Kathleen Cooper is an expert on both the banking and energy industries, and in these volatile times, her invaluable experience in these two arenas places her at the forefront of economic opinion. As Under Secretary for Economic Affairs of the U.S. Department of Commerce from May 2001 until August 2005, she served as the principal economic adviser to the Secretary of Commerce. Exclusively represented by Leading Authorities speakers bureau, she is uniquely qualified to speak about energy issues, globalization, currency and financial markets, and the global economy. She has the business know-how and executive branch experience to provide clear and insightful commentary on policy matters and the economy.

A Step Ahead of the Economic Times.  As under secretary for economic affairs, Dr. Cooper oversaw the activities of the Bureau of the Census and the Bureau of Economic Analysis.  She was honored with the Commerce Department's prestigious Redfield Award for her many contributions. Accomplishments during her tenure include reengineering the 2010 Census, instituting the first quarterly measure of the U.S. service sector, achieving sustainable funding levels for accurate and timely economic statistics, and working collaboratively to develop a number of the Administration's economic policy proposals, including comprehensive private pension reform. 

Dr. Cooper was appointed senior fellow at the Tower Center for Political Studies at Southern Methodist University in August 2007, where she contributes to the Center's mission of public policy education. Previously, she served as Dean of the College of Business at the University of North Texas. Dr. Cooper recently served on the Energy Information Administration's External Review Team and on Commerce Secretary Carlos Gutierrez's advisory committee on Measuring Innovation in the 21st Century. She is a director of the Williams Companies, a Fortune 200 energy firm, and served as founding director of Texas Security Bank from 2008 through January 2010.

Economic Acumen.  Dr. Cooper served for a decade as chief economist with the Exxon Mobil Corporation.  In this capacity, she contributed to the development of the company's positions on international trade, tax, and environmental policy issues and to the energy planning assumptions used in the company plan. Before joining ExxonMobil in 1990, Dr. Cooper was executive vice president and chief economist of Security Pacific National Bank. From 1971-81, she was corporate economist and then chief economist of the United Banks of Colorado. Currently, Dr. Cooper is chair of the National Bureau of Economic Research, trustee of the Committee for Economic Development, and member of the Council on Foreign Relations and the Conference of Business Economists. She has held positions as president of the National Association of Business Economists, chair of the American Bankers Association's Economic Advisory Committee, trustee of Scripps College, past president of the U.S. Association for Energy Economics, and trustee of the American Council for Capital Formation.

 

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Download Speech Topics: Kathleen Cooper's Topics

U.S. Economic Prospects.  The US has suffered through the worst recession since World War II, but it was far less severe than the Great Depression. While the US made progress in reducing the imbalances that pushed us into recession, sufficient imbalances remain such that the next decade will require another stringent period of adjustment before the US economy is back on track for prolonged healthy growth. The enormous public debt burden that we face will reduce our resilience  and require very difficult choices at this time of economic fragility. 

Global Business. The U.S. was the fastest growing advanced economy in the world for two decades. Huge global imbalances and their detrimental effects were one result. Those deficits have partially closed, as has the US growth advantage. Trade deficits may be irrelevant measures of a country's competitiveness, but we should be concerned about our smaller share of world economic growth. What policies or preparations should be made for the rotation in growth that will continue over the next decade? 

Energy Markets. World energy markets have suffered their first decline in demand in 30 years. The last time demand fell worldwide (in the early 1980s), the pricing power of the industry shifted significantly. The world is not running out of oil, shale gas is changing the dynamics of the natural gas market, and technology holds promise to reduce US gasoline demand by mid-decade. Careful thought is imperative in as companies plan their energy future. 

Innovation -- The Key to America's Continued Global Hegemony. Continuous improvement and breakthrough developments account for U.S. dominance of the world economy.  Enhanced measures of innovation and superior ways to manage the process are critical if U.S. businesses are to remain shining stars versus other advanced economies and if they are to be able to harness the advantages from emerging economies on behalf of the American consumer.

 

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