Raul V. Fabella, Date of Birth, Place of Birth
TweetRaul V. Fabella
Filipino economist
Date of Birth: 12-Apr-1949
Place of Birth: Bacolod, Philippines
Profession: economist
Nationality: Philippines
Zodiac Sign: Aries 
About Raul V. Fabella
- Raul V.
- Fabella (born 12 April 1949, Bacolod, Negros Occidental, Philippines) is a Filipino academic, economist and National Scientist of the Philippines.
- He was born to Estelito Fabella and Magdalena Villaseñor in Bacolod, Negros Occidental.
- Raul is the grandnephew of Gabriel Fabella, father of June 12th.
- Raul's grandfather Adriano was Gabriel's brother. Fabella was educated at the Seminario Mayor-Recoletos (now the Casiciaco Recoletos Seminary, Ph.B.
- 1970); the University of the Philippines School of Economics at UP Diliman (M.A.
- 1975).
- He obtained his Ph.D.
- from the Department of Economics of Yale University in 1982 with the dissertation "Economies of Scale in the Household Production Model and Intra-Family Allocation of Resources".
- His entire academic career has been spent with the faculty of the University of the Philippines School of Economics (UPSE), which he served as dean from 1998 to 2007.
- Fabella has written articles in both theoretical and applied fields: political economy and rent-seeking; the theory of teams; regulation; international economics; and mathematical economics.
- Notable concepts associated with him are the "Olson ratio" in rent-seeking, egalitarian Nash bargaining solutions, and the debt-adjusted real effective exchange rate.In public-policy debates he has been a prominent advocate of a policy of currency undervaluation as a tool of development. Fabella was elected to the National Academy of Science and Technology (NAST) in 1995.
- Upon endorsement by NAST, he was awarded the title of National Scientist by President Benigno Aquino III on 27 July 2011.
- The National Scientist title is the highest recognition given by the Philippine Government to a Filipino for his or her outstanding contributions to science and technology.
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