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A Comprehensive Philippine Government Strategy on the Competitiveness of the Services Sector

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  • Serafica, Ramonette B.

Abstract

There is now broad consensus that the Philippines should aim to have a globally competitive services sector. Applying Porter`s framework on creating national competitive advantage (the diamond), this paper presents a comprehensive government strategy recognizing that it has an important albeit partial role in attaining the national vision for services. Moreover, it emphasizes that the proper role for government policy toward industry is to stimulate dynamism and upgrading.The strategy covers four interdependent sets of policies that influence national advantage, namely, policies to enhance a country`s position in the factors of production relevant to the industry, policies that raise the quality of domestic demand necessary for constant upgrading, policies to ensure the presence of supporting and related industries, and policies to influence competitive behavior through firm strategy, structure, and rivalry.

Suggested Citation

  • Serafica, Ramonette B., 2015. "A Comprehensive Philippine Government Strategy on the Competitiveness of the Services Sector," Discussion Papers DP 2015-05, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2015-05
    as

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    File URL: https://www.pids.gov.ph/publication/discussion-papers/a-comprehensive-philippine-government-strategy-on-the-competitiveness-of-the-services-sector
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    References listed on IDEAS

    as
    1. Picazo, Oscar F., 2013. "Medical Tourism in the Philippines: Market Profile, Benchmarking Exercise, and S.W.O.T. Analysis," Discussion Papers DP 2013-45, Philippine Institute for Development Studies.
    2. World Bank, 2010. "Innovation Policy : A Guide for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2460.
    3. Serafica, Ramonette B., 2014. "Formulating the Philippine Services Strategy for Inclusive Growth," Discussion Papers DP 2014-22, Philippine Institute for Development Studies.
    4. Yap, Josef T. & Abad, Anthony R.A. & Gonzales, Kathrina G. & Rosellon, Maureen Ane D., 2012. "Unfair Trade Practices in the Philippines," Discussion Papers DP 2012-39, Philippine Institute for Development Studies.
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    Keywords

    Philippines; services; competitive advantage; Porter`s diamond;
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