THE BROOKINGS INSTITUTION

The Brookings Institution is an independent organization devoted to nonparti-

san research, education, and publication in economics, government, foreign pol-
icy, and the social sciences generally. Its principal purposes are to aid in the
development of sound public policies and to promote public understanding of
issues of national importance. The Institution was founded on December 8,
1927, to merge the activities of the Institute for Government Research, founded
in 1916, the Institute of Economics, founded in 1922, and the Robert Brookings
Graduate School of Economics and Government, founded in 1924. The Institu-
tion maintains a position of neutrality on issues of public policy to safeguard the
intellectual freedom of the staff.

Board of Trustees

James A. Johnson Cyrus F. Freidheim Jr. Ann Dibble Jordan

Chairman Bart Friedman Michael H. Jordan
Stephen Friedman Marie L. Knowles
Leonard Abramson Ann M. Fudge David O. Maxwell
Michael H. Armacost Henry Louis Gates Jr. Mario M. Morino
Elizabeth E. Bailey Jeffrey W. Greenberg Steven L. Rattner
Zoë Baird Brian L. Greenspun Rozanne L. Ridgway
Alan R. Batkin Lee H. Hamilton Judith Rodin
James W. Cicconi William A. Haseltine Warren B. Rudman
Alan M. Dachs Teresa Heinz Leonard D. Schaeffer
D. Ronald Daniel Samuel Hellman Joan E. Spero
Robert A. Day Joel Z. Hyatt John L. Thornton
Lawrence K. Fish Shirley Ann Jackson Vincent J. Trosino
William C. Ford Jr. Robert L. Johnson Stephen M. Wolf

Honorary Trustees

Rex J. Bates Roy M. Huffington Charles W. Robinson

Louis W. Cabot Vernon E. Jordan Jr. James D. Robinson III
A. W. Clausen Breene M. Kerr Howard D. Samuel
William T. Coleman Jr. James T. Lynn B. Francis Saul II
Lloyd N. Cutler Jessica Tuchman Mathews Ralph S. Saul
Bruce B. Dayton Donald F. McHenry Henry B. Schacht
Douglas Dillon Robert S. McNamara Michael P. Schulhof
Charles W. Duncan Jr. Mary Patterson McPherson Robert Brookings Smith
Walter Y. Elisha Arjay Miller Morris Tanenbaum
Robert F. Erburu Constance Berry Newman John C. Whitehead
Robert D. Haas Maconda Brown O’Connor James D. Wolfensohn
Andrew Heiskell Donald S. Perkins Ezra K. Zilkha
F. Warren Hellman Samuel Pisar
Robert A. Helman J. Woodward Redmond