In industrial clusters, transaction costs are kept low and free riding is discouraged by a community mechanism developed through dense and repeated interactions among entrepreneurs. In such environments, new entrants without established reputations and connections are put at a distinct...

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 --...