Heidi Crebo-Rediker

Adjunct Senior Fellow


Economic statecraft; economic competitiveness and infrastructure investment; international finance and markets; women and economic growth


Heidi Crebo-Rediker is an adjunct senior fellow at the Council on Foreign Relations. She is also the chief executive officer of International Capital Strategies. Prior to this, she served as the State Department's first chief economist. Appointed to this assistant secretary–level position by then Secretary of State Hillary Clinton as a centerpiece of her "economic statecraft" initiative, Crebo-Rediker provided advice and analysis to the secretary on foreign policy issues with a significant economic or financial component.

Prior to this, Crebo-Rediker was the chief of international finance and economics for the Senate Committee on Foreign Relations, following nearly two decades in Europe as a senior investment banker. In the Senate, she advised then Chairman John Kerry on a range of international and domestic economic and financial issues.

Over her investment banking career, she managed businesses ranging from European and emerging-markets debt capital markets to sovereign, supranational, and public-sector banking. In this capacity, she managed public and private financings for governments, corporations, and banks, and related advisory work.

On returning to Washington, DC, she was the founding codirector of the Global Strategic Finance Initiative at the New America Foundation. During her time in the Senate, she was the architect of the bipartisan National Infrastructure Bank legislation (BUILD Act) introduced in March 2011 and included in President Barack Obama's JOBS Act.

Crebo-Rediker was named one of the Top 25 Women in Business by the Wall Street Journal Europe. She holds degrees from Dartmouth College and the London School of Economics.

All Publications


Don’t Abdicate America’s Leadership Role at the IMF

Authors: Douglas A. Rediker and Heidi Crebo-Rediker

During his campaign, Donald Trump persuaded voters that he would look after “America First.” It would be hard to find an institution that plays a greater role in supporting the economic and strategic interests of the United States than does the IMF. Therefore, it would be in the United States’ and the world’s interests if Secretary Mnuchin were to deliver a strong and clear statement of support for the IMF from its biggest beneficiary.

See more in United States; International Organizations and Alliances


Citi GPS Women in the Economy: Global Growth Generators

Authors: Heidi Crebo-Rediker, Willem H. Buiter, Tinda Fordham, and Ebrahim Rahbari
Citi GPS: Global Perspectives & Solutions

As a relatively new field, gender in macroeconomics suffers from incomplete data and from insufficient focus outside official institutions. In “Citi GPS Women in the Economy: Global Growth Generators,” CFR Senior Fellow Heidi Crebo-Rediker in a report co-authored with Tina M. Fordham of Citi, CFR Adjunct Senior Fellow Willem Buiter, and Ebrahim Rahbari of Citi revisit the “Global Growth Generators” thesis and argue that new policy responses, as well as learning from best practice, could improve female labor force participation with significant benefits that are not just economic but have social implications as well.


See more in Global; Women; Economic Development


How to Reform Ukraine's Economy

Authors: Heidi Crebo-Rediker and Douglas A. Rediker

Heidi Crebo-Rediker and Douglas A. Rediker examine the role of the European Bank for Reconstruction and Development (EBRD) in Ukraine, arguing that the EBRD should shift its resources away from Russia and, in accordance with its mandate, support Ukraine's transition toward democracy and market-oriented economics.

See more in Ukraine; Economics


Ukraine's False Choice

Authors: Heidi Crebo-Rediker and Douglas A. Rediker

With opposition to the Russian financial support gaining strength, Ukrainian president Viktor Yanukovych faces a seemingly stark choice. He can bow to Moscow and its offer of cheap gas and easy money, or to the apparent will of Ukraine's people by resurrecting its agreement with the European Union and re-engaging with the International Monetary Fund. Muddling through—as Yanukovych has done for so long—is no longer an option, write Heidi Crebo-Rediker and Douglas A. Rediker.

See more in Ukraine; Peace, Conflict, and Human Rights

CFR Events

Symposium ⁄ New York

The Troubles of Europe

Panelists Péter Balázs

Director of EU Enlargement Studies, Central European University

, Heidi Crebo-Rediker

Senior Fellow, Council on Foreign Relations

, Anand Menon

Professor of European Politics and Foreign Affairs, King's College London

Presider Laura Zelenko

Executive Editor, Markets, Bloomberg

March 22, 2016

This meeting is on the record.

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Meeting ⁄ New York

HBO What to do About Russia

Speakers Heidi Crebo-Rediker

Senior Fellow, Council on Foreign Relations

, Ivo H. Daalder

President, Chicago Council on Global Affairs; Former U.S. Ambassador to the North Atlantic Treaty Organization (NATO)

, Kimberly Marten

Ann Whitney Olin Professor of Political Science, Barnard College, Columbia University

Presider Richard N. Haass

President, Council on Foreign Relations

December 8, 2015 5:30 p.m.-7:15 p.m.

5:30 p.m.–6:00 p.m. Reception
6:00 p.m.–7:15 p.m. Meeting
*Please note special timing*

December 8, 2015

This meeting is on the record.

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