Determining the directional flows of foreign direct investments in the ASEAN region / Roberto B. Raymundo -- Trade and investment in the Philippines / Hazel C. Parcon-Santos -- Issues on international trade and investment and its implications for further research / Angelo B. Taningco --...

Participation in global value chains (GVCs) can be a pathway for economic development. It is associated with growing productivity, exporting more sophisticated products and a less concentrated export basket (Kowalski et al., 2015). However, it is often argued that these benefits accrue mainly to...