LATEST PUBLICATIONS
PIDS EPM 2020-2021
Reset and Rebuild for a Better Philippines in the Post-pandemic World
DLSU-AKI Working Paper Series 2021-11-079
Examining and Evaluating the Multidimensional Energy Poverty Index (MEPI) in the Philippine Household Context
DLSU-AKI Working Paper Series 2021-11-078
A Game Theoretic Study on CSR and Government Intervention for Sustainable Production
DLSU-AKI Working Paper Series 2021-11-077
Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries

LATEST AV MATERIALS
PIDS WB 2021-1104
Assessing the Philippines' Performance in Meeting the ASEAN Economic Community Vision 2025
PIDS WB 2021-1103
Examining The Health Impacts Of The COVID-19 Pandemic In The Philippines
ILS-AVP-01
ILS 30th Anniversary Video
PIDS WB 2021-1102
Evaluating the Pantawid Pamilyang Pilipino Program's Payment System
Publication Detail
UPSE PRE 2003-40_1-02: Concentration and market power in the Philippine manufacturing industry

This paper looks at the presence of barriers to competition that prevent domestic and international prices from converging. These barriers may dampen, even reverse the gains from trade liberalization. Three decades of protectionism and import substitution in the Philippines have led to high levels of industrial concentration in a few wealthy families and small groups. Most of all, the experience has led to the deterioration of the culture of competition in the country. While liberalization may be a precondition for the growth of a free market, it does not, by itself, guarantee effective competition. For effective competition to emerge, trade reforms must be accompanied by the creation of competitive market and industry structures. The transition from import substitution to a more open economy requires not only the rule of law, but efficient institutions to support growth and institutional change.

UP-School of Economics
Authors Keywords
Aldaba, Rafaelita M.; competition; market economy; market access;
Download PDF Number of Downloads
Published in 2003 and available in the UPSE library or NO PDF AVAILABLE Downloaded 0 times since November 25, 2011
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.