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Machine Learning algorithms, such as the artificial neural networks, are acknowledged to outperform several econometric procedures in predictions. Machine learning becomes popular for doing operations that practically require more efficiency and accuracy, derived basically from the algorithm's...
Persistent link: https://www.econbiz.de/10011993791
economic growth, foster and strengthen trade, and improve the living standards in the Region. Started as a simple program for … (ECOTECH), pertains to the collective actions of APEC to achieve its overall goals of attaining sustainable growth and …
Persistent link: https://www.econbiz.de/10012028743
Using a global computable general equilibrium model, the paper analyzes the potential effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine economy. The analysis involves an 80-percent reduction in tariffs and 10 percent in nontariff barriers within RCEP...
Persistent link: https://www.econbiz.de/10011536406
The Philippines has been more cautious in its policy towards free trade agreements (FTAs) than other ASEAN member states, having signed, so far, only one bilateral agreement with Japan in addition to the various ASEAN+1 agreements. While the Government is expected to progressively reduce...
Persistent link: https://www.econbiz.de/10010505098
underscore the importance of a thriving private sector in promoting high and inclusive growth. Comparing these metrics for …
Persistent link: https://www.econbiz.de/10011300261
With overlapping, multiple free trade agreements (FTAs), such as the case of the Association of Southeast Asian Nations (ASEAN) and the various ASEAN+1 FTAs, complications that run counter to the economic integration objectives of the East Asian region could arise. Forging the Regional...
Persistent link: https://www.econbiz.de/10010530073
Free trade agreements (FTAs) and regional trade agreements (RTAs), as a national policy, have proliferated in the recent decades as countries perceived trade agreements to effectively reduce trade barriers, thus helping expand market access, protect local markets, and enhance efficiency and...
Persistent link: https://www.econbiz.de/10012149874
In 1993, the Asia-Pacific Economic Cooperation (APEC) published a report containing recommendations that recognized the economic interdependence and economic diversity of APEC economies and welcomed the challenge to achieve free trade in the Asia-Pacific. This came to be known as the "Bogor...
Persistent link: https://www.econbiz.de/10012149911
Small, and medium-sized enterprises (SMEs) are important in many developing countries, including the Philippines. However, this sector remains much less productive than their large counterparts. One factor that can help SMEs achieve higher productivity is internationalization by connecting them...
Persistent link: https://www.econbiz.de/10011880162
participation and how APEC can create the appropriate policy environment conducive to the growth of services value chains. …
Persistent link: https://www.econbiz.de/10010482093