Peter B. Henry, the Matsushita Professor of International Economics at Stanford's Graduate School of Business and an affiliated faculty member with the Freeman Spogli Institute’s Center on Democracy, Development, and the Rule of Law (CDDRL), has been appointed by President Obama to the President’s Commission on White House Fellowships, the White House has announced. This distinguished and diverse group of 28 accomplished Americans is responsible for recommending an exceptional group of men and women to the President for selection as White House Fellows, America’s most prestigious program for leadership and public service.

“The men and women of this commission embody what makes the White House Fellows program so special,” said President Obama in making the June 17 announcement. “These leaders are diverse, non-partisan, and committed to mentoring our next generation of public servants. I am confident that they will select a class of White House Fellows that demonstrate extraordinary leadership, strong character, and a deep commitment to serving their country.”

“Peter Henry is a superb scholar, teacher, leader, and mentor,” said CDDRL Director and FSI and Hoover Institution Senior Fellow Larry Diamond. “This recognition is richly deserved and will give Peter a national venue to continue developing a new generation of leaders, scholars, and policy practitioners.”

Alumni of the White House Fellows Program include former Secretary of State Colin Powell, retired U.S. Army General Wesley Clark, and author Doris Kearns Goodwin.

Henry is also the John and Cynthia Fry Gunn Faculty Scholar and Associate Director of the Center for Global Business and the Economy at Stanford’s business school.  He is a Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR), a Research Associate at the National Bureau of Economic Research, a Nonresident Senior Fellow of the Brookings Institution in Washington, D.C., and a member of the Council on Foreign Relations.

Among the numerous awards and honors Henry has received are a National Science Foundation Early CAREER Development Award, a National Science Foundation Minority Graduate Fellowship, a Ford Foundation Graduate Fellowship, and the National Economic Association Dissertation Prize.  He has published several articles in journals and books, including “Capital Account Liberalization, the Cost of Capital, and Economic Growth” in the American Economic Review and “Perspective Paper on Financial Instability” in Bjorn Lomborg’s Global Crises, Global Solutions.

Dr. Henry received his BA in Economics at the University of North Carolina at Chapel Hill, and was later a Rhodes Scholar at Oxford University, where he earned a BA in Mathematics.  He received his PhD in Economics from the Massachusetts Institution of Technology.

Professor Henry is also part of the distinguished Stanford faculty group that teaches in the Draper Hills Summer Fellows on Democracy and Development Program each summer at Stanford.  From some 800 applicants, this program selects 25 to 30 rising leaders from important countries in transition – such as Russia, Iran, Iraq, Pakistan, Afghanistan, Nigeria, and Zimbabwe—and brings them to Stanford to examine and help foster linkages among democracy, development, human rights, and the rule of law in their countries.  Other Stanford faculty teaching the Draper Hills Summer Fellows include Stanford President Emeritus Gerhard Casper, FSI Deputy Director Stephen Krasner, CDDRL Director Larry Diamond and Deputy Director Kathryn Stoner-Weiss, FSI Senior Fellow Helen Stacy, Avner Greif from economics, and Erik Jensen from Stanford Law School.

As the date of the America withdrawal from Iraq approaches, there are a number of key imperatives that must be addressed and important goals to be achieved to help assure that recent hard-won gains will not be reversed once the American withdrawal takes place, argues Larry Diamond, Director of FSI’s Center on Democracy, Development, and the Rule of Law (CDDRL), and a Senior Fellow at both FSI and the Hoover Institution, in a recent op ed in the Arabic magazine, The Majalla.

Although Iraqis are eager to be rid of U.S. troops after more than six years of occupation and Americans want to bring their troops home, both share the anxiety that too rapid a withdrawal, without first laying adequate foundations, could unravel hard-won political and security gains.  To prevent a descent into “horrific violence or tyranny” in Iraq after the United States withdraws, Diamond sets out four key imperatives:

1. A more authentic and inclusive constitutional bargain must be struck among the major political, regional, and sectarian groups in Iraq;
2. The Iraqi government must make good on its pledge to integrate the Sahwa mililtia, which played a major role in stabilizing large parts of Iraq and battling al Qaeda, into the country’s civilian forces and civilian jobs;
3. Adequate provision must be made to assure a peaceful, fair, and open electoral process this coming December when the mandate of the Iraqi parliament will be renewed; and
4. Vigilant, sustained, and effective action is needed to control the corruption that is currently diverting needed monies away from the vital tasks of rebuilding infrastructure, reviving schools and health care, and strengthening the economy and improving the quality of life.

Diamond, a world renowned authority on democracy and the factors facilitating democratic transitions and consolidations, served with the Coalition Provisional Authority in Iraq in 2004 and wrote a book about the experience titled, Squandered Victory: The American Occupation and the Bungled Effort to Bring Democracy to Iraq.  His most recent, critically acclaimed book, is The Spirit of Democracy: The Struggle to Build Free Societies Throughout the World (Times Books, 2008).