The paper describes the environment under which RP-US agricultural trade currently operates. It also highlights key issues affecting current trade flows between the Philippines and the US, and provides background information vital for future bilateral agricultural negotiations with the U.S....

Given that the 5% uniform tariff rate by 2004 will be implemented, this study lends support to the substantial benefits to be reaped from it in the form of greater import competition, improved efficiency and better resource allocation. This also identifies the industries heavily favored by its...

The world trading environment has witnessed the proliferation of regional trading arrangements during the last decade. This development was accompanied by the perceived threat that this may bring to the rules-based multilateral trading system. The ASEAN for one have not only reaffirmed their...

Reduction in tariff rates has been one of the major developments in international trade. With the forged commitments in Uruguay Round and unilateral trade liberalization/tariff reduction programs under regional trading arrangements, further tariff reduction is expected. Despite the reforms and...

Utilizing the Jemio and Vos Financial Computable General Equilibrium, this paper presents the simulation results of the economic adjustments during 1987-1993, focusing on the impact of the adjustments on factor payments, income distribution and on macroeconomy such as GDP, prices and sectoral...

Even with lapses in its implementation during the 1980s, trade reform has been continuously brought to the fore of structural adjustment program. It has become increasingly crucial during the 1990s not only because of the backlash of import-substitution but also of the country’s heavy foreign...

The shipping transport industry plays a very important role in the country's development. An efficient shipping industry that facilitates the movement of commodities, products and people is therefore vital to the growth of the country. The country's domestic shipping industry, however, has been...

Opinions about the Multi-Fibre Agreement (MFA) vary not only between importers and exporters but also within these groups depending on the costs and benefits accorded to each. This paper attempts to quantify the effects of MFA liberalization on developing countries with a focus on the...

Results of relative welfare analysis conducted in this paper indicate that a large proportion of welfare losses in the past have been shouldered by the consumers. In addition, this article shows that the hypothesis of cartel-like behavior is consistent with the adverse results obtained.

The world-trading environment has witnessed the proliferation of regional trading arrangements during the last decade. This development has been accompanied by the perceived threat this may bring to the rules-based multilateral trading system. The Association of Southeast Nations (ASEAN), for...