This paper is part of the Philippine study for the ERIA project on the Mid-Term Review (MTR) of the ASEAN Economic Community (AEC) Blueprint. A milestone in ASEAN economic cooperation is the Cebu Declaration on the Acceleration of the Establishment of an ASEAN Community by 2015 during the 12th...

How are the ASEAN+1 free trade agreements facilitating the flow of goods in the supply chain in East Asia? This chapter looks at the experience of the Philippine automotive and electronic sectors--two sectors that are well integrated into the supply network in East Asia. Using firm interviews,...

This paper discusses the nature of the rules of origin (ROOs) in the ASEAN+1 FTAs, particularly with respect to features and characteristics that could either facilitate or hinder the development of value chains, and the participation of firms in the increased globalization of production. By...

While it is too early to undertake rigorous quantitative analysis on the impact of the Philippines-Japan Economic Partnership Agreement (PJEPA) on the Philippines, this initial ex-post study concludes that based on several key indicators the country has not suffered major adjustment costs...

As 2015 draws near, assessing ASEAN's progress toward the ASEAN Economic Community (AEC) defined by the AEC Blueprint is necessary and instructive. This paper constitutes the Mid-Term Review (MTR) of the AEC Blueprint for the Philippines. The Philippines Country Report presents the results of...

The discussions on the Free Trade Area of the Asia Pacific (FTAAP) have evolved in the Asia-Pacific Economic Cooperation (APEC) meetings since 2004 when the APEC Business Advisory Council (ABAC) presented a study suggesting a possible integration of the Asia-Pacific region. The most recent...

The Philippines has been more cautious in its policy toward free trade agreements (FTAs) than other ASEAN member-states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the government is expected to progressively reduce...

Studies find increasing frequency, intensity, and impacts of natural disasters, especially as they interplay with the negative effects of climate change, environmental degradation, and rapid urbanization. The financial implications could be massive, especially in terms of damages on private...

With overlapping, multiple free trade agreements (FTAs), such as the case of the Association of Southeast Asian Nations (ASEAN) and the various ASEAN+1 FTAs, complications that run counter to the economic integration objectives of the East Asian region could arise. Forging the Regional...

The study identifies outstanding issues and bottlenecks and provides recommendations to facilitate the Philippines' full compliance to its commitments to the ASEAN Economic Community (AEC). Various in-depth interviews and surveys were conducted with concerned stakeholders from government...