APEC 2015 provides an opportunity for the Philippines to advance its economic interests in services and contribute to regional integration by focusing on global value chains (GVCs) which are now believed to account for more than 50 percent of global trade. This paper looks at the GVC phenomenon...

Labor mobility or professional service mobility, in particular, has become increasingly important. Its prevalence (in terms of volume of jobs) in trade in services and its economic contribution to the Asia-Pacific Economic Cooperation (APEC) and other regional trading blocs is increasing....