V. Bruce "Bruce" Jularbal Tolentino, is a Filipino economist, [1] author, professor, and economic policymaker.
Born on June 2, 1953, in Baguio, to father, Toots, a salesman, and mother Florence, who managed the family's photo studio. Bruce graduated from Saint Louis High School and proceeded to the institution's university. There he was editor-in-chief of the SLU White and Blue.
Bruce left his boyhood home after the declaration of Martial Law in 1972. Pursued by the martial law military, he escaped to Marawi in Mindanao where he found his interests shifting from communications to economics as he became more and more involved in rural development.
After graduate school at Xavier University in Cagayan de Oro, Mindanao, and University of Hawaii in Honolulu, Bruce returned to the Philippines and began work in the government with a focus on policy-reform processes. He was part of the group that put together the Philippines' membership in the World Trade Organization. He was also on the team that developed the initial draft of the Agri-Agra Reform Law as well as that of the Local Government Code of 1992 Archived 2018-03-18 at the Wayback Machine .
In the 1980s, Bruce was appointed first executive director of the Agricultural Credit Policy Council (ACPC) jointly appointed by former Central Bank Governor Jobo Fernandez and former Agriculture Secretary Ramon Mitra Jr. His function was as lead technical adviser for a rehabilitation program for all of the rural banks that had been organized, and subsequently failed, during the Masagana 99 era of subsidized loans for rice and corn production.
He served as Assistant Secretary, then Undersecretary of Agriculture (for Policy, Planning, and International Trade) of the Department of Agriculture of the Philippines from 1986 to 1993.
From 2007 to 2012, he served in various positions within The Asia Foundation, including Chief Economist and Country Representative for Sri Lanka, Pakistan, and Afghanistan. [2]
From 2012 to 2018 he served as Deputy Director-General of the International Rice Research Institute, based in Los Baños, Laguna, and also elected Secretary IRRI Board of Trustees. [3] As of 2018, Bruce is the newest member of the Monetary Board, the central bank's highest policy-making body. [4]
In 2021, the Agricultural Credit Policy Council launched Enabling Rural and Agricultural Finance for Inclusive Development in the Philippines. Split into three volumes, the book is a collection of Bruce Tolentino's papers, memos, and reports that span four decades of work. It contains "... a record of the challenges, responses, successes as well as failures in rural finance and intermediation" over the course of his career.
With more than 35 years of progressive experience in governance, management, analysis, and planning socio-economic development reforms and initiatives, Bruce has been the go-to guy for many agri and food security related projects. [5]
According to Bruce, food security is a regional, even international effort. "Agriculture—which produces food—cannot be confined to the artificial borders of countries. Food is a product of human ingenuity applied to natural resources—land, water, sunlight, rainfall—that also spill across borders. Some countries, especially the large countries like the US, China, India, have more than enough food. Many other, smaller countries—such as Singapore, Malaysia, Korea—are largely dependent on food produced by others. With worsening climate change and resource degradation, as populations continue to grow, open international trade and global cooperation is becoming even more imperative to ensure that all populations of all nations share in the bounty of the earth as a whole." [6]
Bruce is married to Rory Francisco-Tolentino, former director of Philippine Business for Social Progress and Ayala Foundation and current consultant for various nonprofit management projects. He has two children.
John Harold Williamson was a British-born economist who coined the term Washington Consensus. He served as a senior fellow at the Peterson Institute for International Economics from 1981 until his retirement in 2012. During that time, he was the project director for the United Nations High-Level Panel on Financing for Development in 2001. He was also on leave as chief economist for South Asia at the World Bank during 1996–99, adviser to the International Monetary Fund from 1972 to 1974, and an economic consultant to the UK Treasury from 1968 to 1970. He was also an economics professor at Pontifícia Universidade Católica do Rio de Janeiro (1978–81), University of Warwick (1970–77), Massachusetts Institute of Technology, University of York (1963–68) and Princeton University (1962–63).
The International Rice Research Institute (IRRI) is an international agricultural research and training organization with its headquarters in Los Baños, Laguna, in the Philippines, and offices in seventeen countries. IRRI is known for its work in developing rice varieties that contributed to the Green Revolution in the 1960s which preempted the famine in Asia.
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.
CGIAR is a global partnership that unites international organizations engaged in research about food security. CGIAR research aims to reduce rural poverty, increase food security, improve human health and nutrition, and sustainable management of natural resources.
The Pakistan Institute of Development Economics is a post-graduate research institute and a public policy think tank located in the vicinity of Islamabad, Pakistan.
Agriculture in the Philippines is an important sector in the economy with crops like bananas, coconuts, pineapples, rice and sugarcanes are being mass-produced for exportation but the challenge remains as it steadily running into deficit amid growing population. As of 2022, the sector employs 24% of the Filipino workforce and it accounted for 8.9% of the total GDP.
Luis Miguel Valdivieso Montano is Peruvian politician. He was the Minister of Economy and Finance of Peru from July 2008 until January 2009. He was the Ambassador Extraordinary and Plenipotentiary of Peru in the United States in 2009.
Shenggen Fan (樊胜根) was the Director General of the International Food Policy Research Institute (IFPRI) between 2009 and 2019.
Cayetano "Dondon" Paderanga Jr. was a Filipino economist and former Director-General of the National Economic and Development Authority (NEDA), a cabinet-level agency of the Philippine government responsible for economic development and planning.
Leonides Sarao Virata was a Filipino economist. During his lifetime, he served as executive officer of various government and private companies in the country. He was appointed the secretary of the Department of Commerce and Industry from 1969 to 1970 and then chairman of the Development Bank of the Philippines from 1970 till his death in 1976. He hailed from the city of Imus in Cavite province.
Yujiro Hayami was a Japanese agricultural economist, widely considered to be an authority on the subject. He was a Rockefeller fellow at Iowa University, a winner of Purple Ribbon Medal and a Lifetime member of the International Association of Agricultural Economists. He is credited with the development Hayami Development Economics, an agricultural philosophy on the relationship of a community to the market and the state. He died on 24 December 2012.
Werner Doppler (born December 15, 1941 in Oberlustadt, Germany is an Agricultural Economist. His areas of teaching and research have been Farming Systems, Rural Development and Socioeconomics in the Tropics and Subtropics. He was Dean of Faculty at the University of Hohenheim.
Ashok Gulati is an Indian agricultural economist and a former chairman of the Commission for Agricultural Costs and Prices (CACP), the advisory body of the Government of India on food supplies and pricing policies. Gulati was instrumental in the hiking the minimum support price of several food grains. Currently he is Infosys chair professor for Agriculture at Indian Council for Research on International Economic Relations (ICRIER). He is also a member of the Task Force on Agriculture set by the prime minister under NITI Aayog and chairman of the Expert Group on Agriculture Market Reforms (2015). He was an active member of the high-level committee set up by the NDA Government to restructure and reorient Food Corporation of India in order to improve its operational and financial efficiency.
Carlos "Sonny" García Domínguez III is a Filipino businessman and former chief executive of Philippine Airlines who served as the Secretary of Finance under the Duterte administration. He had previously held the position of Secretary of Agriculture and Minister of Natural Resources under the Corazon Aquino administration. Prior to his appointment to President Duterte's Cabinet, he had served as executive director of PTFC Redevelopment Corp., as independent director of Alsons Consolidated Resources, and as director of United Paragon Mining Corp. His family owns Marco Polo Hotel in Davao City, one of the top hotels in southern Mindanao.
Gerald Shively is an American economist and Professor in the Department of Agricultural Economics at Purdue University. He teaches and publishes research articles and books related to contemporary policy-related issues in economic development. His specializations are in poverty, food security and sustainable development.
John Williams Mellor is a French-born American economist, known for his work in the field of economic and agricultural development in third world countries. In 1985, he was awarded the Wihuri International Prize, for his “constructive work that has remarkably promoted and developed the security of nutrient supply for mankind.” A Fulbright Scholar, he spent most of his academic career at his alma mater, Cornell University. In the early 1970s, he became an economist for USAID, eventually becoming their chief economist in 1976. After leaving USAID, he became the second director-general of the International Food Policy Research Institute in 1977, where he remained until 1990. He has authored numerous articles, and several books, chiefly regarding economic and agricultural development in third world countries. Currently he runs John Mellor Associates as well as being a professor emeritus at Cornell.
LifeBank is a rural bank based in Iloilo, Philippines. It started operations on March 21, 1970 in Maasin, Iloilo as Rural Bank of Maasin. It is divided into two corporate arms each with its own designated finance and banking services functions: the LifeBank RB and LifeBank MFI. As of 2021, it has a total of 4 branches and 44 branch-lite units (BLU) under LifeBank - a Rural Bank in Western Visayas and 536 branches all over the Philippines under LifeBank MFI, an NGO microfinance arm of LifeBank.
Joachim von Braun is a German agricultural scientist and currently director of a department of the Center for Development Research at the University of Bonn and President of the Pontifical Academy of Sciences.
Uma Lele is an agricultural economist, currently at the Institute of Economic Growth at the University of Delhi, India. She has spent much of her career working with the World Bank and other international organizations.
Raghbendra Jha is an Indian economist and an academic who is a professor emeritus in the Arndt-Corden Department of Economics at the Crawford School of Public Policy at Australian National University. Jha's research focuses on public economics, macroeconomics, development economics, and the economy of India. He has authored and edited numerous books, including Macroeconomics for Developing Countries, Modern Public Economics, Facets of India’s Economy and Her Society, Environmental Sustainability: A Consumption Approach, and Macroeconomics for Development: Prognosis and Prospects and several others.