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...

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...

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...

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...

In the past one and a half decades, the Philippine government pursued major economic policy reforms. One of the key focused areas is the trade sector. Policy reforms included tariff reduction, simplification of tariff structure, and tariffication of quantitative restrictions. While some of the...

This study analyzes the effects of the trade policy reform on the structure, performance and competitiveness of the appliance industry. It also examines the links between changes in the industry structure with changes in the performance and competitiveness of the industry. In particular, it...

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...

Economic openness has been generally viewed as beneficial whether in terms of welfare or efficiency gains. While literature has incorporated that trade liberalization causes productivity growth, market structure has taken a prominent role in the analysis recently. This paper determines how it...

This study aims to evaluate the effects of the Trade Reform Program on the performance and competitiveness of the Philippine agricultural machinery industry. It also attempts to identify non-price factors that may impinge on the industry’s competitiveness and efficiency. Findings have revealed...

This study reviews the structure, performance and competitiveness of the motorcycle and parts industry under a protectionist trade regime and evaluates how it can be affected by future liberalization. In particular, it assesses the overall effectiveness of the local content program vis-à-vis...