Professional Documents
Culture Documents
Ernesto M. Pernia
Discuss the pros and cons of PHs labor export policy
No more labor export as policy in Asian neighbors, still a major
development policy in PH
Because of two policy mistakes:
Long-lived import-substitution industrialization policy (replace imports
with domestic production)
Protectionism (exchange and import controls, tax incentives, tarif
structure and selective credit to preferred industries) helped nurture
corruption
Among first in Asia to adopt population policy in 1969 but failed to
sustain
Consequences of policy mistakes: weak long-term economic
performance in the face of strong growth of population and labor force;
too many Filipino workers and too few jobs in domestic economy