DRN Vol. 39 No.3
'Reexamine SHS Programs Employment and Entrepreneurial Objectives'
Regulatory Impact Assessment Adoption Determinants: A Diagnostic Framework
Exploring Responses to the Employment Impact of Excise Tax Reform: The Case of the Philippine Tobacco Industry
Mapping Out Employment Opportunities in the Cultural Heritage Sector A Strategic Framework

PIDS WB 2021-0905
Annual Public Policy Conference Webinar 4: Robust and Healthy Workforce and Closing Program
PIDS WB 2021-0904
Annual Public Policy Conference Webinar 3: Green And Inclusive Recovery
PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
Publication Detail
PN 2017-24: The Value of Labor Market Information Systems on International Labor Mobility

This Policy Note analyzes the Asia-Pacific Economic Cooperation (APEC) Labor Market Portal and its role in advancing labor mobility among APEC economies through a freer exchange of information. It highlights two main labor market information issues, namely, the information asymmetry and transaction costs. In terms of information asymmetry, the study finds that workers can be misallocated to tasks and sectors in case their employers do not have access to their measures of productivity. Meanwhile, it asserts that the presence of transaction costs such as high remittance fees may negatively affect the resources of poor migrants and their families in the countries of origin. Given these problems, the study recommends the adoption of national and regional qualifications frameworks as compilations of reliable data on the stocks and flows of qualifications. It also encourages the expansion of the policy of the Association of Southeast Asian Nations on visa-free entries to all APEC economies as one of the ways to address transaction cost issues.

Philippine Institute for Development Studies
Authors Keywords
Lanzona, Leonardo Jr. A.; Philippines; APEC; labor market; labor mobility; information systems; labor market information systems; national qualifications framework; regional qualifications framework;
Download PDF Number of Downloads
Published in 2017 and available in the PIDS Library or Downloaded 349 times since December 21, 2017
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)
If Prefer to self-describe, please specify:
Level of Education:
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.