This study proposes a set of indicators for monitoring and evaluation of agricultural policy, patterned after the support estimates of the Organization for Economic Cooperation and Development (OECD). The main indicators are: producer support (incorporating indirect market support, and direct...

This study examines the performance of the National Food Authority (NFA) with respect to its function of price stability and implications for public finances, and recommends policy reforms where warranted. It finds that NFA has been unsuccessful in stabilizing producer prices, but relatively...

Using the principle of subsidiary and the general rule of optimal intervention, this paper reviews the current discussion in the WTO on resolving the issues of environment-related trade and trade-related environmental measures with the rules of the multilateral trading system. Economic growth,...

From a preferential tariff rate, ASEAN has decided to move to a free trade area by the first decade of the 21st century and the creation of an ASEAN economic region by the year 2020. Towards this end, member countries are expected to jointly address various trade concerns. Through unity and...

Reduction in tariff rates has been one of the major developments in international trade. With the forged commitments in Uruguay Round and unilateral trade liberalization/tariff reduction programs under regional trading arrangements, further tariff reduction is expected. Despite the reforms and...

The recent currency and financial turmoil in East Asia have led to the evaluation of current financial and macroeconomic policies. The Philippines, which has been the worst hit in the 1980 economic crisis has indicated greater resilience in the 1990 financial crisis. Experts have attributed this...

Asia is not only the most polluted and environmentally degraded region in the world, but it also houses the most number of poor households. Hence, the magnitude of the financial and economic crisis can be expected to have an impact in the region's sustainable development prospects, the nature...

The Philippines is in the midst of a region where its neighboring countries are on their way to greater economic openness and deeper economic integration. The country has followed suit and is in fact a member of various international trade organizations. This paper focuses on two important...