Congratulations to the
Oustanding Surigueno Awardees....

Gloria Cortes Toralballa and Vicente Buniel Paqueo

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Congratulations to Oustanding Surigueno Awardee, Gloria Cortes Toralballa, for her distinguished achievements in Science and Education.
  • Born in Surigao City, Surigao del Norte.
  • Married to Dr. Leopoldo Toralballa in New York; bore a son, Leopoldo.
  • Bachelor of Science in Pharmacy, summa cum laude, University of the Philippines.
  • Ph.D. in Organic Chemistry, as a Barbour Scholar, University of Michigan.
  • Post-doctoral Fellow, University of Michigan: worked on cancer-producing compounds.
  • Research projects completed, Columbia University, NY: On anti-malarials and on alpha-amylase enzyme which led to the discovery of the process of crystallization of the enzyme making it commercially viable.
  • Instructor in Chemistry, Marquette University, Milwaukee, Wisconsin., 1950 - 1953.
  • Assistant Professor of Chemistry, Barnard College, Columbia University, 1959-1962.
  • National Scientist Awardee, Philippines, 1983.
  • Co-founded (with her late husband, Dr. Leopoldo Toralballa) the prestigious Philippine Science High School.
  • Since her retirement, has done volunteer work and is a member of her parish St. Paul's Church Council which helps formulate church policies

Congratulations to Outstanding Surigueno Awardee, Vicente Buniel Paqueo, for his distinguished achievements in Economics and Public Service.
  • Born on April 5, 1947 in Cantilan, Surigao del Sur; parents, Juan and Caridad Buniel Paqueo of Claver, Surigao del Norte and Cantilan, respectively
  • Wife: Nida Cortes Paqueo of Surigao City
  • Children: Liza Vida, Paolo and Niccolo


  • Ph.D. (Economics), University of the Philippines, 1977
  • Visiting Fellow, Princeton University, 1979/80
  • A.B. (cum laude), Economics, University of the Philippines, 1969
  • St. Peter's Seminary, Butuan City
  • Surigao East Central Elementary School, Surigao City

Honors, Fellowships, etc:

  • Outstanding Young Scientist Award (1983), National Academy of Science and Technology of the Philippines (for human resource economics research)
  • Philippine Economic Society Doctoral Dissertation Award (Third Prize), 1981
  • Population Council Post-Doctoral Fellow, 1979-1980
  • University of the Philippines Economic Project Fellow
  • Institute of Economic and Development Research Fellow

Present position:

  • Lead Economist, Human Development Department, Latin America and the Carribean Region, The World Bank, Washington, D.C. (joined the World Bank in 1985)
  • Activities: work includes lending operations, project supervision, and analytical studies (see below) to promote human development, social protection and poverty reduction; worked in a variety of countries such as Indonesia, Malaysia, Philippines, Papua New Guinea, Turkey, Argentina, Brazil, Mexico, and Colombia. Examples of accomplishments in the Bank include:
  • Project development:
    • Colombia Community Works and Employment Project
    • Colombia Human Capital Protection Project
    • Colombia Social Sector Adjustment Loan
    • Indonesia Fourth Health Project
    • Indonesia Water Supply and Sanitation for Low Income Communities
    • Mexico Higher Education Financing Project (supervision)
  • Analytical work (Reports):
    • Indonesia: Health Insurance Issues in the 1990s
    • Argentina: Improving Health and Education
    • Mexico: Advancing Educational Equity and Productivity in the Context of Decentralization
    • Mexico: Transforming Schools Into Effective and Efficient Learning Centers

Appointments/Designations Prior to World Bank:

  • Professor of Economics, School of Economics, University of the Philippines, 1973-1985
  • Executive Director, Council of Asian Manpower Studies
  • Member of various Philippine government task forces and committees on population, education, labor, health, and poverty issues
  • Consultant, various national and international agencies such as the ESCAP (Economic and Social Commission for Asia and the Pacific), WHO, USAID, Philippine Departments of Education and Labor, Philippine Population Commission, and International Labor Organization
  • Research Associate, Development Academy of the Philippines, Social Indicators Project
  • Technical Assistant, Philippine Senator Lorenzo Sumulong
  • College Councilor, University of the Philippines Student Council (1968-69)

Publications (examples):

  • Do Local Contributions Affect the Efficiency of Public Primary Schools? (co-authored with Emmanuel Jimenez), Economics of Education Review, 1996
  • "The Relative Efficiency of Private and Public Schools in Developing Countries" (co-authored with Emmanuel Jimenez and Marlaine Lockheed), The World Bank Research Observer, 1991
  • "School Effects and Costs for Private and Public Schools in the Dominican Republic" (co-authored with Emmanuel Jimenez et al.)
  • "The Economic Returns to Education in the Philippines" (co-authored with Jee-Peng Tan), International Journal of Educational Development, 1989
  • "On the Theory and Measurement of the Determinants of Mortality" (co-authored with Bryan Boulier), Demography, 1988
  • "Protecting the Poor and Improving Investment in Their Human Capital" (co-authored with Kihoon Lee), Background Paper No. 4 in Argentina: Poor People in a Rich Country, Vol II, 2000
  • "The Labor Market: Issues in the Development and Employment of Human Resources", in Malaysia: Matching Risks and Rewards in a Mixed Economy, Chapter III, Vol. II, 1988
  • "The Development, Growth and Distribution of Public and Private Medical Resources in the Philippines," (co-authored with Charles Griffin) in Kenneth Lee and Anne Mills (eds.), Health Economics in Developing Countries, Oxford University Press, 1990.