The second semester issue of the Philippine Journal of Development features articles on Typhoon Ondoy and the Trans-Pacific Partnership (TPP) agreement. The first article estimates the economic impact of Typhoon Ondoy in the cities of Pasig and Marikina, based on the business sector's perceptions on their periods of adjustment in the aftermath of the disaster. Three articles, meanwhile, analyze the Philippines' readiness to join the TPP and other new-generation free trade agreements, focusing on policy implications on three significant aspects: (1) intellectual property, (2) government procurement, and (3) investor-state dispute settlement.
