Trade liberalization--particularly tariff reduction, which is the focus of this paper--triggers changes in both sectoral price ratios and domestic-foreign price ratios. These changes in turn cause a reallocation in production and resources, which lead to a contraction in some production sectors...

The paper attempts to provide a theoretical analysis as well as some indicators of the linkage between trade policy and the environment. It looks at what has happened to the share of manufacturing industries by pollution classification overtime and finds tat the share of...

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...

Tariff reform, particularly tariff reduction, is one of the major economic reforms implemented in the last one and half decades in the Philippines. The paper attempts to analyze the effects of the tariff reduction from 1994 to 2000 on household income and welfare using a computable general...

This paper has reviewed four major developments in the last 30 years: the collapse of the Bretton Woods arrangements; deepening of economic integration worldwide; the frequency and severity of the crises that affected not only developing economies but developed economies as well; and the formation...

There are three major developments in the area of foreign trade in 1990s: (a) the WTO-Uruguay Round agreement in 1995; (b) the AFTA agreement; and (c) the series of unilateral trade reform programs of the government. The paper attempts to make an impact assessment of these reforms during the period...

The paper analyzes the possible effects of tariff reduction in the 1990s on unemployment, household income and household welfare using a computable general equilibrium model calibrated to the 1994 social accounting matrix. The series of simulation experiments indicate that tariff reduction is...

This paper uses a CGE mircosimulation approach to analyze the effects of tariff reduction on poverty and income inequality. The approach relaxes the representative household assumption in the traditional CGE modeling by replacing household groups with individual households. As such the approach...

The paper attempts to provide a theoretical analysis as well as some indicators on the linkage between trade policy and the environment. It looks at what has happened to the share of manufacturing industries by pollution classification over time and finds that the share of...

Significant trade and industrial reforms have been instituted for more than a decade now. While the economy has been growing by more than 6%, there are recent indicators that cast doubts over the optimism on the reforms. In light of the recent developments, this paper discusses the impact of...