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Study on the Effects of AFTA-CEPT Scheme on Manufacturing Industries

Author

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  • Pineda, Virginia S.

Abstract

Under the Common Effective Preferential Tariffs (CEPT) scheme of the ASEAN free trade, tariffs on ASEAN products will be progressively reduced to 0-5 percent. Such move benefits exporters to ASEAN markets but harms local producers competing with ASEAN imports in the domestic market. Analysis of the impact of CEPT on the Philippine manufacturing industries is the main task of this paper. This identifies which industries within manufacturing industry win and which industries become vulnerable. This also specifies policies for preparing the Philippine economy to global competition.

Suggested Citation

  • Pineda, Virginia S., 1997. "Study on the Effects of AFTA-CEPT Scheme on Manufacturing Industries," Discussion Papers DP 1997-23, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1997-23
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    File URL: https://www.pids.gov.ph/publication/discussion-papers/study-on-the-effects-of-afta-cept-scheme-on-manufacturing-industries
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    Cited by:

    1. Austria, Myrna S., 1999. "Policy Adjustment to Exploit Opportunities in WTO, APEC and AFTA: Tradable Goods Sector," Discussion Papers DP 1999-11, Philippine Institute for Development Studies.

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