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The paper aims to review our trade liberalization policy and its contribution to the country's industrial growth and performance. After more than twenty years of liberalization, the overall performance of the manufacturing industry has been weak, growth has been slow, and contribution to value...
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This paper assesses the potential impacts of services trade liberalisation for a sample of African countries. The focus is on the relationship between labour productivity of manufacturing sectors and two types of services trade-related policies – restrictions on foreign direct investment (FDI)...
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Philippine industrial policies such as those bearing on the manufacturing sector are a critical element of the country’s development strategy. Manufacturing creates opportunities for higher value-addition and extensive employment owing to forward and backward linkages with other sectors of the...
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The paper aims to examine how trade liberalization affects wage premium at the firm level. Using effective protection rate as trade proxy, the paper assumes that in the face of increasing competition, an import-substituting firm may decide to remain at the low value-added stage of the production...
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