IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_2013-02.html
   My bibliography  Save this paper

The ASEAN Economic Community and the Philippines: Implementation, Outcomes, Impacts, and Ways Forward (Integrative Report)

Author

Listed:
  • Milo, Melanie S.

Abstract

As 2015 draws near, assessing ASEAN`s progress toward the ASEAN Economic Community (AEC) defined by the AEC Blueprint is necessary and instructive. This paper constitutes the Mid-Term Review (MTR) of the AEC Blueprint for the Philippines. The Philippines Country Report presents the results of the surveys related to the MTR on areas including trade liberalization and facilitation, services and investment liberalization, labor mobility, and agriculture. In assessing the progress of implementation of the country`s commitments under the AEC, a scorecard mechanism is applied. The report also covers two case studies as well as discussions on the role of the private sector and SMEs, and concludes with recommendations to raise the implementation rate of the AEC measures in the country.Overall, the survey results demonstrate how the AEC and the AEC Blueprint could address some of the issues that have constrained private sector response to the opportunities provided by greater openness in the Philippines, particularly the complex and inefficient administrative processes and procedures, and lack of effective competition in key sectors of the economy. While the Philippines has demonstrated its commitment to the AEC and the AEC Blueprint, key measures still need to be realized, particularly those that relate to services liberalization, customs integration, and ratification of transport protocols and agreements. The analyses of the study have demonstrated the benefits of the accomplishment of AEC measures in the Philippines, particularly those that precisely addressed the key institutional weaknesses faced by the private sector. Further delays in implementation could be costly for the country.

Suggested Citation

  • Milo, Melanie S., 2013. "The ASEAN Economic Community and the Philippines: Implementation, Outcomes, Impacts, and Ways Forward (Integrative Report)," Discussion Papers DP 2013-02, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2013-02
    as

    Download full text from publisher

    File URL: https://www.pids.gov.ph/publication/discussion-papers/the-asean-economic-community-and-the-philippines-implementation-outcomes-impacts-and-ways-forward-integrative-report
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yap, Josef T. & Medalla, Erlinda M. & Aldaba, Rafaelita M. & Llanto, Gilberto M. & Lazaro, Dorothea C. & Zafe, Larraine C. & Mantaring, Melalyn C. & Quimba, Francis Mark A., 2010. "ERIA Study to Further Improve the ASEAN Economic Community Scorecard: the Philippines," Discussion Papers DP 2010-24, Philippine Institute for Development Studies.
    2. Israel, Danilo C. & Medalla, Erlinda M. & Milo, Melanie S. & Aldaba, Rafaelita M. & Briones, Roehlano M. & Llanto, Gilberto M. & Rosellon, Maureen Ane D. & Galang, Ivory Myka R. & Navarro, Adoracion M, 2013. "The ASEAN Economic Community and the Philippines: Implementation, Outcomes, Impacts, and Ways Forward (Full Report)," Discussion Papers DP 2013-01, Philippine Institute for Development Studies.
    3. Adoracion M. NAVARRO & Gilberto M. LLANTO, . "Philippines Country Report," Chapters, in: Fauziah ZEN & Michael REGAN (ed.), Financing ASEAN Connectivity, chapter 7, pages 269-330, Economic Research Institute for ASEAN and East Asia (ERIA).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Florian A. Alburo, 2015. "Gearing the Philippines for ASEAN Economic Community," UP School of Economics Discussion Papers 201510, University of the Philippines School of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Clarete, Ramon L. & Villamil, Isabela Rosario G., 2015. "Readiness of the Philippine Agriculture and Fisheries Sectors for the 2015 ASEAN Economic Community: A Rapid Appraisal," Research Paper Series DP 2015-43, Philippine Institute for Development Studies.
    2. Aldaba, Rafaelita M., 2013. "Twenty Years after Philippine Trade Liberalization and Industrialization: What Has Happened and Where Do We Go from Here," Discussion Papers DP 2013-21, Philippine Institute for Development Studies.
    3. Llanto, Gilberto M. & Quimba, Francis Mark A. & Sombilla, Mercedita A., 2012. "Interregional Trade of High-value Fruits and Vegetables: Issues on Transport and Shipping," Discussion Papers DP 2012-08, Philippine Institute for Development Studies.
    4. Aldaba, Rafaelita M. & Aldaba, Fernando T., 2013. "ASEAN Economic Community 2015: Capacity-building Imperatives for Services Liberalization," Discussion Papers DP 2013-06, Philippine Institute for Development Studies.
    5. Llanto, Gilberto M., 2012. "The Impact of Infrastructure on Agricultural Productivity," Discussion Papers DP 2012-12, Philippine Institute for Development Studies.
    6. Medalla, Erlinda M., 2012. "Managing the ASEAN Economic Integration Process in the Philippines: An Assessment of Progress in Trade Liberalization and Facilitation," Discussion Papers DP 2012-41, Philippine Institute for Development Studies.
    7. Asian Development Bank Institute, 2017. "Eradicating Poverty and Promoting Prosperity in a Changing Asia-Pacific," Working Papers id:11706, eSocialSciences.
    8. Clarete, Ramon L. & Villamil, Isabela Rosario G., 2015. "Readiness of the Philippine Agriculture and Fisheries Sectors for the 2015 ASEAN Economic Community: A Rapid Appraisal," Discussion Papers DP 2015-43, Philippine Institute for Development Studies.
    9. Florian A. Alburo, 2015. "Gearing the Philippines for ASEAN Economic Community," UP School of Economics Discussion Papers 201510, University of the Philippines School of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2013-02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.