HomeDLSU Business & Economics Reviewvol. 16 no. 1 (2006)

Core Labor Standards and Philippine Exports

Winfred M. Villamil

 

Abstract:

This paper examines how labor issues might play out in the negotiations between the Philippines and U.S. for a free trade agreement. It also suggests the appropriate track to follow in the negotiations on labor issues. Because of the difference in the level of economic development of the Philippines and of the United States, the Philippines must not agree to the adoption of uniform labor standards applicable to both countries and especially to proposals to Incorporate these standards in Philippine labor laws. The immediate goal of the Philippines Is to promote investments to absorb excess labor allowing the process of labor shortages. increasing capital labor ratios, increasing productivity, and eventually higher wages.