Francisco Monaldi

Visiting Professor of Public Policy
Roy Family Fellow, Geopolitics of Energy Project
Environment and Natural Resources Program,
Belfer Center for Science and International Affairs
Office Address
124 Mt. Auburn - Suite 190-112
Mailing Address
John F. Kennedy School of Government
Mailbox 117
79 JFK Street
Cambridge, MA 02138
Phone: 617-496-8689
Francisco Monaldi


Francisco J. Monaldi,is Visiting Professor of Public Policy and Roy Family Senior Research Fellow of the Geopolitics of Energy Project and the Environment and Natural Resources Program at the Belfer Center for Science and International Affairs.

He is also Adjunct Professor of International Energy Policy at the Fletcher School of Law and Diplomacy at Tufts University and Non-Resident Fellow at the James Baker Institute for Public Policy at Rice University. He is Full Professor (on leave) at the Instituto de Estudios Superiores de Administracion (IESA) in Caracas, Venezuela. Co-founder and Director of IESA's Center on Energy and the Environment.Professor Monaldi is a leading scholar on the politics and economics of the oil industry in Latin America and developing countries.

He is Associate Professor of Political Economy at Universidad Catolica Andres Bello (UCAB) (on leave); and Visiting Lecturer at the Graduate Institute of International and Development Studies in Geneva, Switzerland; Universidad de los Andes in Bogota, Colombia; and Universidad ESAN in Lima, Peru. In 2012-2013 he was Robert F. Kennedy Visiting Professor at the Harvard Kennedy School and Fellow at the David Rockefeller Center for Latin American Studies. In 2008-2009 he was Visiting Professor of Political Economy at Stanford University and Campbell National Fellow at the Hoover Institution.

He is the recipient of numerous fellowships and awards including: Robert F. Kennedy Fellow at the David Rockefeller Center for Latin American Studies, Ayacucho Fellow at the Stanford Center for Latin American Studies, Cargill Research Award at IESA, and Teaching Excellence Award at UCAB. He has consulted to numerous international institutions and companies, including: The World Bank, Inter-American Development Bank, CAF Development Bank of Latin America, PDVSA, Shell, Total, Statoil, IHS-CERA, Revenue Watch Institute, Baker Institute, Stanford Program on Energy and Sustainable Development, Eurasia Group, and Medley Global Advisors. He is in the board of directors of several leading Venezuelan companies and institutions.

He has numerous academic publications, recently including: Institutional Collapse in R. Hausmann and F. Rodriguez, eds. (forthcoming) Venezuela before Chavez: Anatomy of a Collapse, Penn State University Press; Oil Fueled Centralism in G. Anderson, editor (2012) Oil and Gas in Federal Systems, Oxford University Press; and The Political Economy of Oil Contract Renegotiation in Venezuela in Hogan, W. and F. Struzenegger; eds. (2010) The Natural Resources Trap: Private Investment without Public Commitment, MIT Press.

He holds a Ph.D. in Political Science (Political Economy) from Stanford University, a Master in International and Development Economics from Yale University, and a B.A. in Economics from Universidad Catolica Andres Bello (UCAB).

He currently teaches a graduate course on the political economy of oil during the spring semester and does research on national oil companies in Latin America.




  • IGA-414 Political Economy of Oil and Mining Resources in Developing Countries