Ron Baxter graduated from the London School of Economics with a degree in economics. He worked first with the International Nickel Company and Hoover Ltd and, subsequently, at the Electricity Council in London. He was Director of Economics and Statistics at the National Ports Council for many years, where he was engaged in port planning, forecasting international trade and the appraisal of investment projects, as well as the development of port statistics. In 1981 he jointly founded Baxter Eadie Ltd, specializing in the appraisal of port investment projects world-wide. He has acted as economic consultant for a wide range of private corporations and international institutions.