This study takes off from an earlier inquiry on the effects of Home Consumption Value (HCV) valuation. It is intended to assist policymakers in examining the requirements for an effective implementation of the General Agreements on Tariffs and Trade Valuation Code (GVC). This study identifies...

The Philippines has been one among the few that still adheres to the home consumption valuation (HCV), a system that, according to many importers, results to overvaluation. This article assesses the validity of the claim through analysis of HCV’s impact on the level of protection structure. It...

While this paper does not purport to be exhaustive in identifying a wide range of alternatives, it nevertheless attempts to explore Philippine trade options in the Uruguay Round of Multilateral Trade Negotiations. It attempts to indicate some policy options in the context of the Uruguay Round....

Since the Aquino Administration has taken over in 1996, further trade reforms have been instituted. Many more items are liberalized and barriers removed. This paper attempts to assess the state of trade and industrial policy and analyze the reforms that have been implemented. Trade and...

This paper aims to provide country inputs to the joint study on ASEAN-US Relations whose main objective is to identify policy reforms and actions producing mutual benefits for ASEAN and the US in the area of trade in goods, services and investment. It discusses the trends and policies of trade...

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...

The Philippines has been one among the few that still adheres to the home consumption valuation (HCV), a system that, according to many importers, results to overvaluation. This article assesses the validity of the claim through analysis of HCV’s impact on the level of protection structure. It...

To shed light on the difficulties in discussing the issue of protectionism, this study analyzes the overall impact of non-tariff measures (NTM) to the Philippine exports. It also attempts to make an inventory of NTM imposed by United States, Japan and European countries, affecting most, if not...

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...

This paper evaluates the impact of the country’s recent trade liberalization experience on the performance, structure and competitiveness of the Philippine Packaging industry. It examines the changes in the industry’s protection level and its consequence, if any, on the levels of allocative...