The Center for Strategic and International Studies (CSIS) has announced the creation of the Executive Council on Development charged with examining the role of the U.S. government and business business in the economic development of developing countries.

The group, comprised of leaders from the private sector, academia and nongovernmental organizations, is undertaking a year-long study on how the U.S. government and the private sector, independently and in partnership, can support economic growth.

The council is co-chaired by former U.S. senator Thomas Daschle, business leader Carly Fiorina, Hyatt executive chairman Thomas Pritzker and former U.S. representative Vin Weber.

“We believe that in this environment of fiscal austerity and political debate there is a unique opportunity to change the conversation on development,” said John J. Hamre, CSIS president and CEO. “We will look to the Council to offer recommendations for an aspirational agenda focused on delivering healthier people, healthier communities, and healthier nations.”

The council will publish a report along with policy recommendations in 2013 addressing some of the areas CSIS aleady has a record of research including development finance, public-private partnerships, energy trends, local sourcing, agriculture and trade.

In addition to Daschle, Fiorina, Prizker and Weber, the council includes:

• Honorary Co-chair: Henrietta H. Fore, Chairman and CEO, Holsman International, and CSIS Trustee

• R. Hunter Biden, Chairman, Rosemont Seneca Partners, LLC

• Edward D. (Ned) Breslin, CEO, Water For People

• Helene D. Gayle, President and CEO, CARE USA, and CSIS Trustee

• Mark Green, Senior Director, U.S. Global Leadership Coalition

• John J. Hamre, President and CEO, CSIS

• Benjamin W. Heineman Jr., Senior Fellow, Belfer Center for Science and International Affairs, Harvard University, and CSIS Trustee

• E. Neville Isdell, Former Chairman and CEO, The Coca-Cola Company, and CSIS Trustee

• Farooq Kathwari, Chairman, President and CEO, Ethan Allen Interiors Inc.

• Paula Luff, Vice President, Corporate Social Responsibility, Hess Corporation

• Theodore E. McCarrick, Archbishop Emeritus of Washington, and CSIS Counselor

• Robert Mosbacher Jr., Chairman, Mosbacher Energy Company

• Andrew S. Natsios, Professor in the Practice of Diplomacy, Edmund Walsh School of Foreign Service, Georgetown University

• Beatriz Perez, Chief Sustainability Officer, The Coca-Cola Company

• Katherine Pickus, Vice President, Global Citizenship and Policy, Abbott Laboratories, and Vice President, Abbott Fund

• Josette Sheeran, Executive Director, UN World Food Programme and incoming Vice Chair, World Economic Forum

• Anne-Marie Slaughter, Bert G. Kerstetter ‘66 University Professor of Politics and International Affairs, Princeton University

• Mark Suzman, Managing Director, International Policy & Programs, Bill & Melinda Gates Foundation

• Carolyn Woo, President and CEO, Catholic Relief Services