The services sector in the Philippines

Abstract

The objective of this paper is to study the traded services in the Philippines with emphasis on the analysis of government intervention. The introduction contains the definition of services as they are measured in Philippine data, and the major sources of data used in the analysis. Section I examines the pattern of trade in services. Section 2 contains information on the links between the Philippine domestic economic structure and trade in services. Section 3 gives details of the regulation and protection of traded services which are presented and analysed in terms of government policies, levels of protection, and economic implications. Finally some prospects for policy cooperation in traded services are suggested.