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Global Trade Reforms, Poverty and Inequality in the Philippines

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  • Cororaton, Caesar B.
  • Corong, Erwin L.
  • Cockburn, John

Abstract

This paper analyzes the poverty and inequality implications of removing agricultural and non-agricultural price distortions in the international and domestic markets of the Philippines. Rest of world liberalization is poverty reducing, whereas domestic liberalization increases national poverty and inequality. Combined global and domestic agriculture reform appears to be poverty and inequality friendly. Although the reduction in national poverty headcount and inequality is small, the poorest of the poor emerge as “winners” given their reliance on agricultural production and higher returns on unskilled labor wages.

Suggested Citation

  • Cororaton, Caesar B. & Corong, Erwin L. & Cockburn, John, 2008. "Global Trade Reforms, Poverty and Inequality in the Philippines," Conference papers 331707, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331707
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    References listed on IDEAS

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    1. Chantal Nielsen & Kym Anderson, 2001. "Global market effects of alternative European responses to genetically modified organisms," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(2), pages 320-346, June.
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