Implications of an RP-US FTA on the Philippine Financial Services Industry and the Philippine Economy

Leila Y. Calderon-Kabigting and Liberty S. Patiu

No DP 2006-11, Discussion Papers from Philippine Institute for Development Studies

Abstract: The paper discusses financial liberalization in the context of a proposed RP-US FTA. It discusses the state of the financial industry, in general, and also reviewed the US-Chile and US-Singapore FTAs to be able to arrive at the proposed provisions for the RP-US FTA. It also tackles the reforms that have to be undertaken in order to make the Philippine financial services industry globally competitive and be more prepared to embrace the opportunities of an FTA with the US.

Keywords: capital markets; financial liberalization; financial services; electronic commerce (e-commerce); corporate governance; market access; cross-border transactions; foreign ownership limitations; international capital standards; harmonization of standards and practices (search for similar items in EconPapers)
Pages: 105
Date: 2006
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.pids.gov.ph/publication/discussion-pap ... e-philippine-economy (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phd:dpaper:dp_2006-11

Access Statistics for this paper

More papers in Discussion Papers from Philippine Institute for Development Studies Contact information at EDIRC.
Bibliographic data for series maintained by Michael Ralph M. Abrigo ().