Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202521 
Year of Publication: 
2018
Series/Report no.: 
UPSE Discussion Paper No. 2018-05
Publisher: 
University of the Philippines, School of Economics (UPSE), Quezon City
Abstract: 
This paper argues that, in any review of export promotion policy of the Philippines, it is more fruitful if a comparative context (relative to countries in its similar stage) is used. We broadly trace export promotions policies of 3 illustrative tiger economies (South Korea, Singapore, and Taiwan) and 3 emerging economies (Indonesia, Malaysia, and Thailand). The Philippines went through the entire process of export promotion and development in the same way as these economies did. Three critical factors influenced exports in all these countries and for which the Philippines either hardly paid attention to or took on a different policy tack. The first is infrastructure and related facilities and how these defined the overall environment for domestic production and international trade. The second is the importance of foreign direct investments (FDI) in the country's export strategy. The third is the use of exchange rate policies to enhance other export promotion policies.
Document Type: 
Working Paper

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