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Susan Schwab
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Susan Schwab
Full Name and Common Aliases
Susan Elizabeth Schwab was an American economist, diplomat, and politician.
Birth and Death Dates
Born on January 5, 1952, and passed away on December 31, 2020.
Nationality and Profession(s)
American - Economist, Diplomat, Politician
Early Life and Background
Susan Schwab grew up in a family of modest means. Her parents instilled in her a strong work ethic and encouraged her to pursue higher education. She earned a Bachelor's degree from Wheaton College in 1974 and later completed her Master's degree at the University of Illinois in 1976. Schwab then pursued her Ph.D. in economics at Harvard University, graduating in 1985.
Major Accomplishments
Susan Schwab held various positions throughout her career, showcasing her versatility and expertise. She worked as a staff economist for the Council of Economic Advisers during the Reagan administration. Later, she served as the Assistant Secretary of Commerce for Trade Development, playing a key role in promoting U.S. trade interests abroad.
Notable Works or Actions
One of Schwab's most notable accomplishments was her leadership on the North American Free Trade Agreement (NAFTA) negotiations. Her diplomatic efforts helped establish strong relationships with Canadian and Mexican counterparts, ultimately leading to the agreement's ratification in 1993. In addition, she played a key role in shaping U.S. trade policy during her tenure at the Office of the U.S. Trade Representative.
Impact and Legacy
Susan Schwab left an indelible mark on American trade policy and diplomacy. Her tireless efforts to promote free trade agreements not only strengthened U.S. economic ties with its neighbors but also fostered greater global cooperation. As a trailblazer for women in economics, she paved the way for future generations of female leaders.
Why They Are Widely Quoted or Remembered
Susan Schwab is widely quoted and remembered due to her significant contributions to American trade policy and diplomacy. Her unwavering commitment to promoting free trade agreements has left a lasting impact on U.S.-Canada-Mexico relations. Her leadership and expertise have inspired countless individuals, including women in economics and politics.
In summary, Susan Schwab was an accomplished economist, diplomat, and politician whose dedication to advancing American trade interests continues to be felt today.
Quotes by Susan Schwab
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If you look at the history of trade negotiations, we all started off talking about tariffs. Now we are talking about investment and intellectual property because these are all intertwined in terms of building a shared market and generating strong growth.
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If you are able to liberalize your markets and have a competitive market place for these kinds of services, whether you are a developed or a developing country, you clearly stand to gain in terms of your capacity to attract inward investment, to have efficient commercial processes, transactions, whether you are an importer, producer or exporter.
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I'm utterly convinced that to maintain American global prosperity, we must pursue a sensible, market-oriented trade policy that provides greater market access and enforces our laws and agreements.
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It's a significant and positive development. The proof will be in trade flows and the transparency and ease of the approval process.
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We've come a long way since Cancun and this week reflected unprecedented cooperation between developed and developing countries, among developing countries, and among developed countries. We're talking about major blocks looking to provide substance.
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There is little reason to believe that the current round of cases will resolve the matter once and for all, regardless of how the process plays out. Without a negotiated solution, chances are high that the dispute will continue.
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President Bush spoke of the risks of economic isolation and the critical importance of American competitiveness. I am utterly convinced that to maintain American global prosperity, we must pursue a sensible, market-oriented trade policy that provides greater market access and enforces our laws and agreements.
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I think it is very clear that we are not going to have a successful outcome for the Doha Round, unless agriculture and services and non-agriculture market access are part of that equation. It is very hard to imagine any single one of those three being dropped out or not being part of the equation.