Bilderberg Meetings Conference Report 1978

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NOT FOR QUOTATION

B I L D E R B E R G M E E T I N G S

PRINCETON

CONFERENCE

21-23 April 1978

II

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CONTENTS~ - " ' , .

LIST OF PARTICIPANTS 5

INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

I. WESTERN DEFENSE WITH ITS POLITICAL IMPLICATIONS

American Working Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...

. . . . . 11International Working Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26Discussion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

An Overview of the Alliance Today . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37Th e General Evolution of East-West Relat ions . . . . . . . . . . . . . . . . . . 39Crises Outside th e Alliance Area. ' . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40Th e Current Military Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41Theater Nuclear Systems and the Neutron Bomb . . . . . . . . . . . . . . . 42

Consultation an d Mutual U n d e r s t a n d i n g . . . . . . . . . . . . . . . . . . . . . . . . . 43Political and Economic Stra ins Within the Alliance . . . . . . . . . . . . . . 44Detente and Arms Control . . . . . . . . . . . . . . . . . . . . . . . . . : . . . . . . . . . . . 47

II. TH E CHANGING STRUCTURE OF PRODUCTION AN D TRADE:CONSEQUENCES FOR TH E WESTERNINDUSTRIALIZED COUNTRIES

American Working Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49

International Working Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64Discussion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70

Th e Role of the State in Structural Adaptation . . . . . . . . . . . . . . . . . 70Structural Change and Economic Growth . . . . . . . . . . . . . . . . . . . . . . . 72Implications for Employment, an d the Role of Labor. . . . . . . . . . . . 73Trade Policy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 5The Need for Monetary Stability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76

III. CURRENT PROBLEMS IN EUROPEAN-AMERICANRELATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79

CLOSING REMARKS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83


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LIST OF PARTICIPANTS

CHAIRMAN:

LORD HOME OF TH E HIRSEL, K . T.

HONORARY SECRET ARY GENERAL FOR EUROPE:ERNST H . VAN DER BEUGEL

HONORARY SECRETARY GENERAL FOR TH E UNITED STATES:WILLIAM P. BUNDY

HONORARY TREASURER:

C. FRITS KARSTEN

AGNELLI , GIOVANNI

ANDERSEN, K . B .

ANDREATTA, N I N O

ANGERMEYER, JOACHIM

BALL, GEORGE w.

BARTLEY, ROBERT L.

BATENBURG, ANDRE

BELL, GEORGE G .

BENNETT, Sm FREDERICBENNETT, JACK

BERTRAM, CHRISTOPH

BEYAZIT, SELAHATTIN

BREKKE, TO R

BRZEZINSKI, ZBIGNIEW

BULOW, ANDREAS VO N

CARRINGTON, LORD

CARY, F R A N K T .

CITTADINI CESI , IL MARCHESE

CLOSE, ROBERT-CHARLES

COLLADO, EMILIO G .

CONABLE, BARBER B ., JR .

CONSTANCIO, VITOR M . R .

CONTOGEORGIS, GEORGE

DAVIDSON, RALPH P.DAVIGNON, VICOMTE

DELL, EDMUND

DIEBOLD, WILLIAM, JR .

ITALY

DENMARK

ITALY

FE D . R E P. O F GERMANY

U N IT E D STATES

U N IT E D STATES

T H E NETHERLANDS

C A N A D A

UNITEQ. KINGDOM

U N IT E D STATES

U N IT E D KINGDOM

TURKEY

NORWAY

U N IT E D STATES

F E D . R E P. OF GERMANY

U N IT E D K I N G D O M

U N I T E D STATES

ITALY

BELGIUM

U N I T E D STATES

U N IT E D STATES

PORTUGAL

GREECE

U N IT E D STATES

INTERNATIONAL

U N IT E D K I N G D O M

U N IT E D STATES

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~ " "' '

INTRODUCTION

The twenty-sixth Bilderberg Meeting was held at the Henry ChaunceyConference Center, Princeton, New Jersey, U.S.A., on 21, 22 and 23 April1978, under the chairmanship of Lord Home of th e Hirsel, K.T.

There were 101 participants, drawn from a variety of fields: Government andpolitics, diplomacy, industry, trade unions, banking, the armed forces,journalism, education and specialized research institutes. They came from 18Western European countries, th e United States, Canada and variousinternational organizations.

In accordance with th e rules a0

dopted at each Meeting, all participants spokein a purely personal capacity, without in any way committing the governmentor organization to which they belonged. To enable participants to speakfrankly, th e discussions were confidential with no reporters being admitted.

The Agenda was as follows:

I. Western defense with its polit.ical implications.II. The changing structure of production and trade:

consequences for the Western industrialized countries.

In addition to th e above formal agenda, a half day's discussion was devotedto current problems in European-American relations.

In opening th e meeting, the Chairman, Lord Home, read the text of ateiegram of good wishes which he had sent to the President of th e UnitedStates on behalf of all th e Bilderberg participants.

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Bilderberg Meetings Conference Report 1978

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