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Toby Melissa C. Monsod, PhD
Professor
Research Interests
- Economics of climate change; public economics; development economics; regional economics; project evaluation; impact evaluation; housing economics
Selected Publications
Articles in journals and books
- “Unlocking the Flow of Finance for Climate Adaptation: Estimates of ‘Fiscal Space’ in Climate-Vulnerable Developing Countries”, with M.A. Majadillas and M. S. Gochoco-Bautista, in Climate Policy, DOI: 10.1080/14693062.2023.2224281, June 2023.
- “Human Development and Violent Conflict in the Bangsamoro Autonomous Region in Muslim Mindanao, 2011 to 2020” in Conflict’s Long Game: A Decade of Violence in the Bangsamoro, F.J. Lara, Jr. and N. P C. de la Rosa, eds., Updated Edition. Quezon City: Bughaw an imprint of Ateneo de Manila University, pp. 59-74, 2023.
- “Accelerating Resilience and Climate Change Adaptation: Strengthening the Philippines’ Contribution to the Global Decarbonization Agenda” in Beyond the Crisis: A Strategic Agenda for the Next President, V. Manhit, ed, ADRi Publications, pp. 429-464, 2022 (https://adrinstituteblog.files.wordpress.com/2022/06/beyond-the-crisis-a-strategic-agenda-for-the-next-president-2022.pdf. Or https://icsc.ngo/portfolio-items/accelerating-resilience-and-climate-change-adaptation-strengthening-the-philippines-contribution-to-the-global-decarbonization-agenda/)
- “Rethinking “Economic Fundamentals” in an Era of Global Physical Shocks: Insights from the Philippine Experience with Covid-19″, with M. S. Gochoco-Bautista, in Asian Economic Papers 20 (1): 1-45, DOI: 10.1162/asep_a_00802, November 2020.
- “Government underspending in perspective: Incompetence, inertia or indigestion?” in Budget Reforms in the Philippines: Making the Budget a Tool for National Transformation, R. Mendoza and D.G. Timberman, eds., Anvil Publishing, pp. 101 -133, 2018.
- “Political appointees in the Philippine bureaucracy: do increasing numbers help or harm?”, Philippine Political Science Journal, DOI: 10.1080/01154451.2017.1320130 (published online 15 June 2017)
- “Human Development in the Autonomous Region in Muslim Mindanao: Trends, Traps and Immediate Challenges” in Mindanao: The Long Journey to Peace and Prosperity, P. Hutchcroft ed., Anvil Publishing, pp. 199-241, 2016.
- “Rethinking Urban Housing Policy in the Philippines” in Closing the Gap in Affordable Housing in the Philippines. July 2016. The World Bank, pp. 101-134
- “Does judicial quality matter for firm performance?”, with Josemaria Gabriel V. Agregado and Jose Maria L. Marella, The Philippine Review of Economics, Volume LII No. 1, June 2015, pp. 77-94 (https://pre.econ.upd.edu.ph/index.php/pre/article/view/917 )
- “Time to let go of CARP? Not so fast”, with Sharon A. Piza, The Philippine Review of Economics, Volume LI No. 1, June 2014, pp. 19-27
- “Addressing the urban housing problem: does subsidizing homeownership best meet the housing needs of urban squatter households?” Asian Economic Papers, Fall 2011, Vol. 10, No. 3: 124–144. (https://www.mitpressjournals.org/doi/abs/10.1162/ASEP_a_00096)
- “Is Government really solving the housing problem?” The Philippine Review of Economics, Vol. XLVIII No. 1, June 2011, pp. 125-146
Monographs
- “Indices of Sustainability of Fiscal Policy Among the V20”, with J. Muyot and M. S. Gochoco-Bautista, Task Force on Climate, Development and the International Monetary Fund, August 2022 (https://www.bu.edu/gdp/2022/10/04/indices-of-sustainability-of-fiscal-policy-among-the-v20/ )
- “The Need for a Development-Centered Climate Change Policy at the International Monetary Fund”, with Kevin P. Gallagher, et al., Task Force 9 International Finance, Think 20 Italy, September 2021 (https://www.t20italy.org/2021/08/30/the-need-for-a-developmentcentered-climate-change-policy-at-the-international-monetary-fund/)
- “Budget Credibility in the Philippines’ Health Sector: Regional Comparisons and Case Studies”, International Budget Partnership, December 2019. (https://www.internationalbudget.org/publications/budget-credibility-in-the-philippines-health-sector-regional-comparisons-and-case-studies/ )
Co-edited books
Selected Positions
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Ruperto P. Alonzo Chair Professor in Development Economics, July 2019 to present
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Advisor, Institute for Climate and Sustainable Cities, January 2019 to present
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Member, Task Force on Climate, Development and the International Monetary Fund, 2021-2022
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BSP UP Centennial Professor of Money and Banking, 2015 to 2018
- Coordinator, Philippine Human Development Network, 2004-2005; 2009-2014
- Chair, Undergraduate Studies, UPSE, 2010 – 2013
- Assistant Secretary of Trade and Industry and Chief of Staff, Department of Trade and Industry, GOP, 2000 – 2002
- Deputy Secretary-General, then Secretary General, Housing and Urban Development Coordinating Council, GOP, 1998 – 1999
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