International Political Economy

Cabungcal. Castaneda. De Guzman. Del Rosario. Gloria. Madamba. Manuel. Mendoza 4Pol1
1980s Trade Liberalization in the Philippines
removing tariffs and non-tariff barriers
privatization and deregulation policies
Significant number of foreign retailers
have entered the country over the last
three years

2014

45 new foreign brands

GDP growth rate of 6.7% for the last three years
Rapid growth of information technology-business
process outsourcing (IT-BPO)
Flow of remittances from Filipino workers abroad
 Partnerships with local distributors
Setting up a wholly-owned entity in the
country.
PHILIPPINE FRANCHISERS DEPARTMENT OF TRADE AND
ASSOCIATION INDUSTRY

SM RETAIL GROUP GOLDEN ABC

BENCH HOLDINGS
AN ACT PROTECTING LOCAL INDUSTRIES BY
PROVIDING SAFEGUARD MEASURES TO BE
UNDERTAKEN IN RESPONSE TO INCREASED
IMPORTS AND PROVIDING PENALTIES FOR
VIOLATION THEREOF
 Considered to be as trade remedy by WTO
Safeguards the interest of local industries by
setting trigger price and trigger volume
Investigation is conducted by DTI against a
particular import
 Strengths
Protection of Local Industries
More profit for the local industries
Benefits from the Government
Monitoring of the Government
Opportunities
more opportunities to work due to the presence of
manufacturing business
helps create job for domestic workers
helps us in solving our economic crises
Creating a demand for local products
Weaknesses
Sustainability of protection coming from the
government
International industries can penetrate the Philippine
economy
Lack of vital factors in the policies
Implementation of the policies
Threats
Restriction in Global trade
local industry will be less competitive on the global
marketplace
No more competition
local product may not offer competitive advantage
Foreign Local
Brands Brands
47% 53%
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