THE GLOBAL CHALLENGE IN SERVICES TRADE A Look at Philippine Competitiveness THE GLOBAL CHALLENGE IN SERVICES TRADE A Look at Philippine Competitiveness Edited by Gloria O. Pasadilla PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES Surian sa mga Pag-aaral Pangkaunlaran ng Pilipinas Copyright 2006 by the Philippine Institute for Development Studies (PIDS) and the German Technical Cooperation (GTZ) Printed in the Philippines. All rights reserved. The findings, interpretations, and conclusions in this volume are those of the authors and do not necessarily reflect those of GTZ and PIDS and other institutions associated with the studies presented in this volume. Please address all inquiries to: PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES NEDA sa Makati Building, 106 Amorsolo St. Legaspi Village, 1229 Makati City, Philippines Tel.: +63-2 8942584; 8935705 Fax: +63-2 8939589; 8942584 Email:
[email protected] Website: http://www.pids.gov.ph ISBN 978-971-564-056-5 RP 09-06-500 Photo credits (cover): PIDS photo files (first and second rows, left photos); The Farm at San Benito (first row, right photo); for collage, second row, right photo: www.hpproductions/ lc.com/production.htm (reel, foreground); www.elitehomevacations.com/images/film.jpg (reel, background); www.ststours.ca/cms_images/clapper.jpg (clapper, foreground). iv Table of Contents List of Tables ……………………………………………………………………………… vii List of Figures and Boxes ………………………………………………………… xi List of Appendices ……………………………………………………………………… xiv Foreword Josef T. Yap …………………………………………………………………