Robert Wescott is Founder and President of Keybridge Research LLC, an economic consulting firm in Washington, DC, that has served G-7 governments, major financial institutions, Fortune 500 companies, and leading NGOs since 2001. Dr. Wescott concentrates on global macroeconomics and public policy research. He provides global asset allocation advice to high-profile international financial firms and is a frequent speaker to business, financial, academic, and government audiences around the world. Dr. Wescott also testifies as an expert before U.S. Congressional committees on economic, financial, and energy policy matters.
From 1999 until 2001, Wescott served as Special Assistant to the President for Economic Policy at the White House. As economic adviser to President Clinton on the National Economic Council, he helped to develop Administration policies toward G-7 countries, Russia, China, India, other key emerging-market economies, and the international financial system. During 1993-94, Wescott was Chief Economist at the President’s Council of Economic Advisers, where he performed policy analysis and was responsible for the Administration’s economic forecasts. He helped write and edit the Economic Report of the President.
From 1994 to 1999, Wescott was Deputy Division Chief at the International Monetary Fund. In the IMF’s Research Department he was responsible for the World Economic Outlook, the Fund’s semi-annual review of world economic prospects, key risks, and policy challenges. In the European Department he was responsible for Eastern European countries in transition. He participated in IMF missions to Japan, China, Poland, and a number of countries in Western Europe.
Between 1982 and 1993 Wescott was Senior Vice President and Chief Economist at WEFA Group (now IHS Global Insight), the economic forecasting and consulting firm, where he oversaw all forecasting, economic modeling, consulting, and research activities for the U.S. Group. For 10 years he wrote WEFA’s flagship monthly U.S. economic newsletter and its quarterly international economic newsletter. He was the firm’s primary public spokesman with clients and the media.
In 1989-90, Wescott lived in Japan, where he helped the University of Pennsylvania establish the International Center for the Study of East Asia Development (ICSEAD) in Kitakyushu, serving as its first Research Director. The research center does quantitative economic modeling and research on East Asian economies.
Dr. Wescott has published research papers in the areas of macroeconomics, fiscal policy, global saving patterns and interest rates, inflation targeting, the credit crunch in Japan, energy policy, and economic development, especially issues related to globalization. Wescott holds a Ph.D. in economics from the University of Pennsylvania, 1983, and a B.A. in economics from Bucknell University, 1977.
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