Máximo Torero was senior research Fellow at IFPRI and leader of the Global Research Program on Institutions and Infrastructure for Market Development. Prior to that, he was a senior researcher and member of the executive committee at Group of Analysis for Development (GRADE). He received his Ph.D. from the University of California at Los Angeles Department of Economics, is a professor on leave at the Universidad del Pacífico, and was postdoctoral fellow at the UCLA Institute for Social Science Research (ISSR). Dr. Torero's major research work lies mostly in analyzing poverty, inequality, importance of geography and assets (private or public) in explaining poverty, and in policies oriented towards poverty alleviation based on the role played by infrastructure, institutions, and on how technological breakthroughs (or discontinuities) can improve the welfare of households. He has won twice the World Award for Outstanding Research on Development given by the Global Development Network (GDN).

• Institutions and Infrastructure for Market Development

• Peru
• El Salvador
• Guatemala
• Nicaragua
• Honduras
• Costa Rica
• Ethiopia
• Bangladesh
• Tanzania
• Latin America

• On the Preferences of Principals and Agents
  2008. Castillo, Marco; Petrie, Ragan; Torero, Máximo. Forthcoming Economic Inquiry.
• The Cognitive Link between Geography and Development: Iodine Deficiency and Schooling Attainment in Tanzania
  2008. Field, Erica; Robles, Omar; Torero, Máximo. NBER Working Paper No. 13838.
• Ethnicity and Earnings in a Mixed Race Labor Market
  2007. Nopo, Hugo; Saavedra, Jaime; Torero, Máximo. Economic Development and Cultural Change. Vol. 55, No. 4. (4): 709-734.
• Information and Communications Technology for Development and Poverty Reduction
  2006. Torero, Maximo; von Braun, Joachim. Johns Hopkins University Press Series, Maryland.
• Measuring the impact of asset complementarities: the case of rural Peru
  2005. Escobal, Javier; Torero, Maximo. Cuadernos de Economia 42. Pp. 1-26.
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• Adverse geography and differences in welfare in Perú
  2005. Escobal, Javier; Torero, Maximo. In Kanbur, Ravi and A.J. Venables (eds.) Spatial inequality and development. Pp.77-123. Oxford, UK: Oxford University Press.
• The Impact of Telecommunications Privatization in Peru on the Welfare of Urban Consumers
  2004. Torero, Máximo; Schroth, Enrique; Pasco-Font, Alberto. Economía 4(1).
• Labor Market Reforms and their Impacts over Formal Labor Demand and Job Market Turnover: The Case of Peru
  2004. Torero, Máximo; Saavedra, Jaime. In Law and Employment: Lessons from Latin America and the Caribbean. James Heckman and Carmen Pagés. Chicago Press.
• Willingness to Pay for the Rural Telephone Service in Bangladesh and Peru
  2003. Torero, Máximo; Chowdhury, Shyamal; Galdo, Virgilio. Information Economics and Policy, Vol. 15 (3), pp. 327-361.
• Labor Mobility from Academe to Commerce of U.S. Bio-Star Scientists
  2002. Torero, Máximo; Zucker, Lynne; Darby, Michael. Journal of Labor Economics, 20 (3)629-60.