International Economic Development Council

International Economic Development Council is a non-profit, non-partisan membership organization that serves as a leading resource for economic development professionals, with members from over 50 countries, including United States, Canada, Mexico, China, and European Union. The organization is headquartered in Washington, D.C. and has a strong presence in New York City, Los Angeles, and Chicago. The council works closely with renowned institutions such as Harvard University, Stanford University, and Massachusetts Institute of Technology to advance the field of economic development. The council's members include professionals from World Bank, International Monetary Fund, and United Nations.

● History

The International Economic Development Council was founded in 1937 as the National Industrial Council, with the goal of promoting industrial development in the United States. Over the years, the organization has undergone several name changes, becoming the National Council for Urban Economic Development in 1973 and finally the International Economic Development Council in 1995. The council has a long history of collaboration with prominent organizations such as National Association of Counties, National League of Cities, and U.S. Conference of Mayors. The council has also worked with notable figures such as Robert Kennedy, Hubert Humphrey, and Jimmy Carter on various economic development initiatives. The council's history is closely tied to significant events such as the Great Depression, World War II, and the Cold War, which have shaped the organization's mission and objectives.

● Mission_and_Objectives

The mission of the International Economic Development Council is to provide leadership and expertise to its members, helping them to create jobs, investments, and economic growth in their communities. The council's objectives include promoting sustainable development, innovation, and entrepreneurship, as well as providing training and education to its members. The council works closely with organizations such as World Trade Organization, Organisation for Economic Co-operation and Development, and International Labour Organization to achieve its objectives. The council's members are also involved in various initiatives such as the United Nations Sustainable Development Goals and the Paris Agreement. The council's mission is aligned with the goals of prominent institutions such as Carnegie Endowment for International Peace, Brookings Institution, and Center for Strategic and International Studies.

● Membership_and_Certification

The International Economic Development Council has over 5,000 members, including economic development professionals, business leaders, and government officials from around the world. The council offers various membership categories, including individual membership, organizational membership, and student membership. The council also offers a certification program, the Certified Economic Developer (CEcD) designation, which is recognized as a standard of excellence in the field of economic development. The council's members have access to exclusive resources and networking opportunities, including the Annual Conference, Leadership Summit, and Policy Forum. The council's members are also involved in various committees and task forces, such as the Committee on Economic Development and the Task Force on Innovation and Entrepreneurship.

● Programs_and_Initiatives

The International Economic Development Council offers a range of programs and initiatives to support its members and advance the field of economic development. These include training and education programs, research and publications, and advocacy and policy initiatives. The council also offers various awards and recognition programs, including the Excellence in Economic Development Awards and the Leadership Award for Public Service. The council's programs and initiatives are designed to promote economic development best practices, innovation, and sustainability. The council works closely with organizations such as National Governors Association, National Conference of State Legislatures, and U.S. Chamber of Commerce to advance its programs and initiatives. The council's members are also involved in various initiatives such as the Small Business Administration's Small Business Development Centers and the Department of Commerce's Economic Development Administration.

● Research_and_Publications

The International Economic Development Council publishes various research reports and publications, including the Economic Development Journal, Economic Development Quarterly, and IEDC Economic Development Guide. The council's research focuses on topics such as economic development trends, industry analysis, and policy analysis. The council also conducts surveys and benchmarking studies to provide insights and best practices for its members. The council's research and publications are widely recognized and respected in the field of economic development, and are often cited by prominent institutions such as Federal Reserve, Congressional Budget Office, and Government Accountability Office. The council's members have access to exclusive research and publications, including the IEDC Research Report and the Economic Development Newsletter.

● Leadership_and_Governance

The International Economic Development Council is led by a Board of Directors, which includes prominent economic development professionals and business leaders from around the world. The council's President and CEO is Nancy McLernon, who has extensive experience in economic development and has worked with organizations such as National Association of Manufacturers and U.S. Chamber of Commerce. The council's leadership team also includes Vice Presidents and Directors who are responsible for various aspects of the organization's operations, including membership, marketing, and finance. The council's governance structure includes various committees and task forces, such as the Audit Committee, Finance Committee, and Nominating Committee. The council's members are also involved in various governance activities, including the Annual Meeting and the Leadership Election. The council's leadership and governance are guided by a strong commitment to transparency, accountability, and excellence.