Background
Siddayao, Corazón Morales was born on July 26, 1932 in Manila. Came to the United States, 1968. Daughter of Crispulo S. and Catalina T. (Morales) Siddayao.
(which may be termed 'political. risks'-may be important d...)
which may be termed 'political. risks'-may be important deter minants of investment. After taking such risks into consideration in the exploration and development stage, a firm computing the pres ent value of its probable income stream must consider several other factors. In addition to the current rate of production, it must con sider these: (I) engineering limits to the rate of extraction in any given period, (2) physical limits to the total amount of the resource that can be produced within a given location, and (3) limits to the availability of new petroleum sources at the same costs as at the present location. It might be useful at this point to note that the firm as an explo ration agent in South-East Asia operates largely as a contractor to the host government who has ownership and final control over the petroleum resources. The group of suppliers of petroleum reserves in the region is characterized by the presence of the major com panies, directly or through subsidiaries, as well as by many small er, and even independent, companies. Three major companies currently dominate exploration and producing operations in two countries-Exxon and Shell in Malaysia, Shell in Brunei. In Indonesia, Caltex and Stanvac dominate production. Outside Malaysia and Brunei the bulk of new exploration is conducted by relatively smaller companies side-by-side with the major companies like Exxon, Gulf, Mobil, Shell, and Texaco.
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Siddayao, Corazón Morales was born on July 26, 1932 in Manila. Came to the United States, 1968. Daughter of Crispulo S. and Catalina T. (Morales) Siddayao.
Certified in elementary teaching, Philippine Normal College, 1951. Bachelor of Business Administration, University East, Manila, 1962. Master of Arts in Economics, George Washington University, 1971.
Master of Philosophy, Doctor of Philosophy, George Washington University, 1975.
Teacher public schools, Manila, 1951-1953;
executive assistant, multinational oil corporations, 1953-1968;
assistant pensions officer, International Monetary Fund, Washington, 1968-1971;
consultant economist, Washington, 1971-1975;
research associate Policy Studies in Science and Technology, George Washington University, Washington, 1971-1972;
teaching fellow department economics, George Washington University, Washington, 1972-1975;
natural gas specialist, United States Federal Energy Administration, Washington, 1974-1975;
senior research economist, associate professor, Institute S.E.A. Studies, Singapore, 1975-1978;
senior research fellow energy/economist, East-West Center, 1978-1981;
project director energy and industrialization, East-West Center, 1981-1986;
visiting fellow, London School Economics, 1984-1985;
senior energy economist in charge energy program, Economics Development Institute, World Bank, Washington, 1986-1994;
retired, Economics Development Institute, World Bank, Washington, 1994. Affiliate professor economics U. Hawaii, since 1979. Visiting professor economics U. Philippines, intermittently, since 1989.
Co-director UPecon Institute of Resource Studies, since 1995. Visiting professor economics U. Montpelier, France, 1992, 1995-1996. Vis.prof. public policy Duke U., winter 1997.
Consultant, speaker in field.
(which may be termed 'political. risks'-may be important d...)
Chorale member Paroisse St. Louis de France, Washington, 1994—2004. Member of Initiated Scholarship Fund for Girls, (Mamila), International Association Energy Economists (charter 1986—2003), Les Amis de l'Abbaye de Chancelade, Eucharistic Fraternity 3d Order of St. P.J. Eymard, World Bank 1818 Society (board directors 1999—2000), John Carroll Society, Perpetual Adoration Society of St. Agnes (Arlington), Omicron Delta Epsilon.