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| Author: | Kajiwara, H. |
| Title: | The effects of trade and foreign investment liberalization policy on productivity in the Philippines |
| Journal: | Developing Economies
1994 : DEC, VOL. 32:4, p. 492-508 |
| Index terms: | TRADE FOREIGN INVESTMENT PHILIPPINES |
| Language: | eng |
| Abstract: | During the decade of the 1980s, which was characterized by high levels of economic growth in the Asian NIEs, People's Republic of China, and many countries of ASEAN, the Philippines, in contrast, found itself in economic difficulty and was forced to implement structural adjustment policies aiming at the correction of balance-of-payments deficits in accordance with conditionalities placed on the country by the IMF and the World Bank. The author inquires whether or not liberalization is a key to economic recovery in the Philippines. |
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