Opinions about the Multi-Fibre Agreement (MFA) vary not only between importers and exporters but also within these groups depending on the costs and benefits accorded to each. This paper attempts to quantify the effects of MFA liberalization on developing countries with a focus on the...

This article examines the pattern, composition and trends in Australia-Philippine trade from 1962-1981. Analysis points to three major results: the growth of bilateral trade despite both countries’ reduced importance in international trade, trade characterized by high levels of country bias...

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...

This study attempts to generate an estimate of import smuggling using Philippine data on import trade. Through the development of microeconomic model, it tries to explain the level of smuggling activity in terms of factors impinging on the trader’s decision to engage in smuggling.

The Philippines does not have a comparative advantage in the domestic production of fertilizer. This is one of the thoughts conveyed by the article as it analyzes the government policies affecting fertilizer prices during the post-war period, with a focus on the policies after 1973. In addition,...

The discussion on Western and Eastern values has begun to take on emotional heat even in sedate conferences. Where a controversy rages, it is always useful to contribute any perspective that can help shed light. This paper is a call for other perspective that can help place the controversy on...

This paper identifies some of the key issues confronting the Asia-Pacific member-economies that arise from the discussions in the APEC forum. A brief review of existing labor flows within the APEC regions is presented. A discussion on how globalization and trade liberalization will impact on the...

This paper has been presented at the Southeast Asia Program luncheon seminar in Cornell University, Ithaca, New York on April 11, 1985. Analysis suggests that bilateral trade grow rapidly during 1962-1981. To realize the country’s full potential, internal barriers and trade regime prove to be...

This paper explains why currency movements and trade volumes, while theoretically related, have minimal effect on each other, in practice. In addition, it argues that volatile currency movements and trade deficits are not beneficial in the long run. A separate set of measures on how to deal with...

This article assesses the contribution of Australia’s preferences to generation of employment opportunities in ASEAN region. It also verifies the assumption regarding imports and the extent to which imports from LDCs has affected Australian employment.