McCormack, Richard T. - (United States)

ID: 243430
Organisation: LeC
Land des Treffens: DEU-Bonn im Jahr 1983

Has served nearly five decades advising policymakers on foreign affairs and global economic developments. He is currently a senior advisor for CSIS (Center for Strategic and International Studies) in Washington, D.C. His most recent economic analyses are listed at the CSIS website under his name.

After the election of Ronald Reagan in 1981, McCormack was named the Assistant Secretary of State for Economic and Business Affairs. He was confirmed unanimously by the Senate. In 1985, McCormack was appointed the U.S. Ambassador to the Organization of American States (OAS). While ambassador, in 1986, the State Department published McCormack’s presentation, “Obstacles to Investment and Economic Growth in Latin America,” which proposed an interrelated macroeconomic, trade policy, and investment policy initiative. His proposed policy package was implemented and later called “The Washington Consensus.” For his outstanding sustained performance as the U.S. Ambassador to the OAS, McCormack was awarded the State Department’s Superior Honor Award.

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