PJD 2017 Vol. 44 No. 2d
Enhancing the Philippine Legal, Regulatory, and Policy Framework for Distributed Energy Resources
PJD 2017 Vol. 44 No. 2c
Possible Effects of China's Belt and Road Initiative on Philippine Trade and Investments
PJD 2017 Vol. 44 No. 2b
Effect of Supply Chain Integration on Business Performance and Competitiveness of Philippine SMEs
PJD 2017 Vol. 44 No. 2a
Role of Subjective Perceptions and Migration Culture in the Formation of Migration Intentions: Evidence from a Rural Village in the Philippines
Publication Detail
17024: Philippines - Managing global integration

This report analyzes the prospects for and consequences of continued global integration of the Philippine economy, and examines the policy implications. Volume 1 summarizes recent economic developments and the nature of financial instability; and focuses on financial policies and risk management, international competitiveness, and strategic and institutional issues in manufactures export development. Volume 1 concludes by discussing economic prospects and requirements for official development assistance. Volume 1 draws on three background chapters contained in Volume 2. Chapter I of Volume 2 compares the evolution of the Philippine global integration with that of other developing and East Asian countries. It then assesses the Philippines competitiveness as a host for foreign direct investment (FDIC), examining infrastructure and labor costs across East Asia. The chapter concludes with a more in-depth labor market assessment, focusing on productivity, compensation, and unit labor costs, and their impact on the competitiveness of tradable sectors. Chapter 2 compares the Philippine export position with those of China, Korea, and Taiwan (China). It then examines three product groups -textiles and garments, electronics, and software- and analyzes the main supply-side determinants of competitiveness. Chapter 3 reviews changes in the concept and development practices of economic zones and identifies international best practice.

World Bank
Authors Keywords
World Bank; productivity; labor market; trade sector; infrastructure; competitiveness; industrial policies; fiscal policy; electronics; Foreign direct investment (FDI);
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