Please use this identifier to cite or link to this item:
Aldaba, Rafaelita M.
Year of Publication: 
Series/Report no.: 
PIDS Discussion Paper Series 2000-42
The Common Effective Preferential Tariff (CEPT) scheme represents the main mechanism to remove barriers to intra-ASEAN trade. Its adoption will entail intraregional tariffs ranging from zero to five percent. AFTA and the increasing globalization (which occurs through trade and foreign direct investment) of the automotive industry poses both risks and opportunities for us. The opportunities would come from the effects of a bigger market and liberalization combined with the cost advantages that firms in the country may offer. However, some sectors fear that the AFTA-CEPT plan would precipitate the industry's total demise as domestic firms would not be able to compete in a more liberalized environment. This paper traces the government policies that have shaped the development of the Philippine automotive industry. It assesses the performance and industry structure that evolved in response to the changing government policies. It also examines the strategies of firms in anticipation of the liberalized environment brought about by AFTA 2003.
Document Type: 
Working Paper

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.