Export competitiveness in manufacturing

Philippines: Strategy for employment growth and export competitiveness in manufacturing with specific reference to garments and semi-conductor industries

The paper addresses the issues related to the export competitiveness of Philippine products in the world market. It looks into the structure of the local production as well as the patterns of macro-economic policies implemented and the macro-economic environment they resulted to.

One of the major arguments of the paper behind the lost of export competitiveness is the real appreciation of the currency for a prolonged period. The paper argues that as a result of the real currency appreciation for five to six years, the impact on both on competitiveness and resource allocation was formidable.