Implications of an RP-US FTA on the Philippine Financial Services Industry and the Philippine Economy
AbstractThe 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 RPUS 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.
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Finance Working Papers with number 22621.
Date of creation: Jan 2006
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Financial Liberalization; Financial Services Sector; Market Access; Cross border Transactions; Foreign Ownership Limitations; International Capital Standards; E-commerce; Capital Markets; Harmonization of standards and practices; Corporate governance;
Find related papers by JEL classification:
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- F35 - International Economics - - International Finance - - - Foreign Aid
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