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The Philippines has gone through considerable changes at opening up the economy during the beyond twenty years. The nation's experience focuses on the significance of

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The Philippines has gone through considerable changes at opening up the economy during the beyond twenty years. The nation's experience focuses on the significance of homegrown arrangements that encourage homegrown productivity and intensity before one can partake in the provincial and multilateral mix and face worldwide contest. The challenge facing the economy now is how to improve further its competitiveness so that it can deepen and expand its economic integration. Just like said in the article Mr. Esmade wrote, it is now widely accepted that globalization is irreversible and is here to stay. While substantial progress has been achieved in liberalizing the economy, much still needs to be done, especially in the agriculture sector. It is in the best interest of the country to complement its liberalization efforts with an appropriate competition policy to further improve its global competitiveness

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