Cayetano Paderanga Jr.

Cayetano Paderanga Jr.
13th Director-General of the National Economic and Development Authority
Concurrently Secretary of Socio-Economic Planning
In office
August 3, 2010 – May 10, 2012[1]
President Benigno Aquino III
Preceded by Ralph Recto
Augusto Santos (acting)
Succeeded by Arsenio Balisacan
7th Director-General of the National Economic and Development Authority
Concurrently Secretary of Socio-Economic Planning
In office
1990–1992
President Corazon Aquino
Preceded by Jesus Estanislao
Succeeded by Cielito Habito
Personal details
Born (1948-10-09)October 9, 1948
Camiguin Province, Philippines
Died January 29, 2016(2016-01-29) (aged 67)
Taguig City, Philippines
Nationality Filipino
Spouse(s) Delia C. Paderanga
Alma mater Stanford University
University of the Philippines School of Economics
University of Asia and the Pacific
De La Salle University
Occupation Economist, NEDA Director General, Economics Professor
Religion Roman Catholic

Cayetano "Dondon" Paderanga Jr. (October 9, 1948 – January 29, 2016) was a Filipino economist and former Director-General[2] of the National Economic and Development Authority (NEDA), a cabinet-level agency of the Philippine government responsible for economic development and planning.

Paderanga previously served as NEDA Director-General from 1990–1992, under former President Corazon C. Aquino's presidency and was a member of the Monetary Board of the Central Bank of the Philippines from 1993-1999.[3] He was also Executive Director for the Philippines in the Asian Development Bank (ADB) from 2001 to 2003.[4]

A native of Camiguin province in Northern Mindanao, Paderanga was a graduate of the Center for Research and Communication (now the University of Asia & the Pacific) and De La Salle University and holds a Ph.D. in Economics from Stanford University in California, USA. Paderanga was also a professor of economics at the University of the Philippines School of Economics.

Early life

Paderanga was born on October 9, 1948 in Camiguin to Atty. Cayetano Palarca Paderanga & Judge Consejo Woo Paderanga. He is the 4th eldest child among 16 siblings.[5] He attended high school at the Fatima College of Camiguin. He took up Accounting at the De La Salle University in Manila in March 1968.

Career

Academic career

Upon finishing his bachelor's degree in accountancy as a full Scholar of the Del Monte Packing Corporation from 1964–1968, Paderanga worked for the then De La Salle College from June 1969 to May 1971. He had been research tutor from June 1971 to August 1972 at the Center for Research and Communication (now the University of Asia & the Pacific), where he was also pursuing his graduate studies. He was a Fulbright-Hays Fellow in 1972.

Paderanga attended the prestigious Stanford University for his Ph.D. in Economics, served as a university fellow from 1974 to 1976 and as a teaching assistant from September 1976 to August 1977. He also worked as an instructor at the Foothill College in Mountain View, California from September 1976 to June 1978 and as research assistant for the Center for Econometric Studies on Crime at the Hoover Institute of Stanford University from January 1977 to May 1979.

Upon receiving his Ph.D. degree, Paderanga joined the University of the Philippines School of Economics faculty as an assistant professor. He received the Rockfeller Foundation Postdoctoral Fellowship in Population Sciences from 1983 to 1984 and served as a Visiting Fellow of the Economic Growth Center in the Department of Economics of Yale University from 1983 to 1984. He subsequently left for Canada as a Visiting Assistant Professor at the University of Western Ontario. Paderanga was promoted to full professor rank in the University of the Philippines Diliman in June 1991 and was appointed Visiting Professor at Kobe University in Japan in 2010.

Government service

Cayetano Paderanga Jr. being introduced by President Benigno Aquino III as the incoming NEDA Director-General on June 29, 2010.

Following President Benigno Aquino III's win in the 2010 national elections, he was appointed as the Socio-Economic planning Secretary. This is the second time that he has held this post, the first one being under President Corazon C. Aquino's administration.

In July 2010, as NEDA Director-General under President Benigno Aquino III's Cabinet, Paderanga Jr. said that he sees an 8% growth in the economy,[6] higher than the original 5-6% forecast by the government.[7]

After almost a year in office, Paderanga Jr. was finally confirmed by the Commission on Appointments (CA) on May 17, 2011,[8]

Close to a year after his confirmation, Paderanga Jr. resigned his post at NEDA.[9] According to Abigail Valte, one of the President’s spokespersons, Paderanga Jr. quit for health reasons.[10] Dean Arsenio Balisacan of the University of the Philippines was appointed as acting NEDA Director-General shortly after.

Paderanga served as a member of the Monetary Board of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas). He was also the Executive Director and Alternate Executive Director for the Philippines, Pakistan, Maldives, Marshall Islands, Mongolia and Kazakhstan in the Asian Development Bank from 2001 to 2003.

Death

Paderanga died of complications from heart surgery on January 29, 2016 at St. Luke's Medical Center Global City. He was surrounded by his immediate family at the time of his death.[11]

Affiliations

Papers

Paderanga Jr. wrote a paper on the global crisis of 2009 entitled "Learning From The Global Crisis - East Asian Model",[12] at a time when he was a visiting professor at the Kobe University in Japan.

References

  1. ↑ "Aquino appoints UP's Dean Balisacan as new NEDA chief | Money | GMA News Online". Gmanetwork.com. 2012-05-12. Retrieved 2016-01-31.
  2. ↑ nfo.ph. "Cayetano Paderanga Jr.", Manila, 1 July 2010. Retrieved 15 July 2010.
  3. ↑ Former Senior Government Officials "Cayetano Paderanga Jr.", Manila, 21 January 2009. Retrieved 15 July 2010.
  4. ↑ https://web.archive.org/web/20100728090002/http://www.econ.upd.edu.ph/?p=1107. Archived from the original on July 28, 2010. Retrieved July 15, 2010. Missing or empty |title= (help)
  5. ↑ The laudable Judge Paderanga. "The laudable Judge Paderanga.", Cagayan de Oro City, 25 Nov 2004. Retrieved 10 July 2010.
  6. ↑ https://web.archive.org/web/20100801153248/http://newsinfo.inquirer.net/inquirerheadlines/nation/view/20100729-283747/NEDA-chief-sees-8-growth-in-economy. Archived from the original on August 1, 2010. Retrieved July 30, 2010. Missing or empty |title= (help)
  7. ↑ https://web.archive.org/web/20100816144530/http://business.inquirer.net/money/topstories/view/20100811-286220/Govt-development-plan-thrust-still-on-jobs-infra-work. Archived from the original on August 16, 2010. Retrieved August 15, 2010. Missing or empty |title= (help)
  8. ↑
  9. ↑ Malig, Jojo. "Paderanga quits NEDA". Inquirer.NET. Retrieved 12 May 2012.
  10. ↑ Bordadora, Norman. "NEDA chief resigns; Palace cites health". inquirer.NET. Retrieved 12 May 2012.
  11. ↑ "Ex-NEDA chief Cayetano Paderanga Jr. passes away | Headlines, News, The Philippine Star". Philstar.com. Retrieved 2016-01-31.
  12. ↑ "Learning From The Global Crisis - New East Asian Model". Scribd.com. 2010-11-11. Retrieved 2016-01-31.
Preceded by
Augusto Santos (Acting) 		Director-General of the National Economic and Development Authority
2010 – 2012 		Succeeded by
Arsenio Balisacan
Preceded by
Jesus Estanislao		 Director-General of the National Economic and Development Authority
1990 – 1992 		Succeeded by
Cielito Habito
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