Founder(s) | C. Fred Bergsten |
---|---|
Established | 1981 |
Focus | International Economics |
President | Adam S. Posen |
Chairman | Peter G. Peterson |
Staff | 60 |
Budget | Revenue: $11,656,904 Expenses: $12,411,364 (FYE December 2014) |
Formerly called | Institute for International Economics |
Location | Washington, D.C. |
Coordinates | 38°54′30″N 77°02′27″W / 38.9083°N 77.0409°WCoordinates: 38°54′30″N 77°02′27″W / 38.9083°N 77.0409°W |
Address | 1750 Massachusetts Ave. NW |
Website | piie |
The Peterson Institute for International Economics (PIIE; Peterson Institute), until 2006 the Institute for International Economics (IIE), is a private and non-profit think tank focused on international economics, based in Washington, D.C. It was founded by C. Fred Bergsten in 1981, and is led by Adam S. Posen. According to the 2015 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), Peterson is number 20 (of 150) in the "Top Think Tanks Worldwide" and number 13 (of 60) in the "Top Think Tanks in the United States".
The Institute was founded by C. Fred Bergsten in 1981, in response to a proposal from the German Marshall Fund. It moved to its current building on Massachusetts Avenue in 2001.
In 2006, a capital campaign led to the creation of a sizeable endowment. Previously known as the Institute of International Economics, it changed its name that same year in recognition of Peter G. Peterson's role in the capital campaign and for his longstanding support of the Institute since the early 1980s.
Adam S. Posen succeeded Bergsten as President on January 1, 2013.
The Institute's annual budget is about $11–12 million and it is financially supported by foundations, private corporations, and individuals, as well as earnings from its publications and capital fund.
Notable resident scholars at the Peterson Institute include, as of July 2015:
Nonresident scholars include Anders Borg, David Blanchflower, José de Gregorio, Robert Z. Lawrence, Avinash Persaud, Edwin M. Truman, and Justin Wolfers. Kristin Forbes and Arvind Subramanian are on leave from the Institute.