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PASCN DP 1998-09: The Effects of the APEC Early Voluntary Sectoral Liberalization on the Philippine Food Sector

The paper examines the likely impact of the APEC Early Voluntary Sectoral Liberalization on the Philippine food sector. The analysis shows that it is important to level the playing field among the APEC member economies. Unless the developed member economies will eliminate or substantially reduce their production and export subsidies for their agricultural sector, there is nothing more to gain from further tariff reductions since their tariff rates are already low. The Philippines should use the EVSL initiative as a strategy to prepare and position the sector for its eventual liberalization. Hence, strategies and programs that would enhance the competiveness of the sector are identified, including the economic and technical cooperation measures that the country should advance in APEC. Early liberalization, however, is recommended for products that are vital inputs to food processing.

Philippine APEC Study Center Network
Authors Keywords
Austria, Myrna S.; Paracuelles, Euben; food sector; liberalization; APEC;
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Published in 1998 and available in the PIDS Library or Downloaded 235 times since December 08, 2016
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