How can countries formulate policies and programs that enable firms to upgrade and move up in a value chain? This is a question that many policy makers are grappling with in the quest to improve national competitiveness.
Case in point is the Philippines, which is why the Duke University Center on Globalization, Governance & Competitiveness (Duke CGGC) was commissioned to conduct studies on five different industries in the country: aerospace; automotive; chemicals; electronics and electrical; and paper.
The studies were initially presented at a public forum on June 2, 2016 at the Makati Diamond Residences in Makati City and garnered significant press visibility. The following is a summary:
Business Inquirer Philippines: PH poised to become innovation hub
Manila Bulletin: Study finds strong global potential in five PH industries
Business World Philippines: DTI may prod mergers of electronics, aerospace, auto firms
Business Mirror: DTI-BOI advises 5 sectors to join global value chains
“The studies highlighted strong progress the Philippines has made in recent years to engage in manufacturing global value chains (GVCs). This has been on multiple fronts: public-private coordination; a growing and quick-learning workforce; and efficient export processing zones, among others. All of these elements have laid the foundation for improving competitiveness,” said Duke CGGC researcher and project manager Penny Bamber.
Also contributing to the studies were Duke CGGC researchers Jack Daly, Stacey Frederick and Karina Fernandez-Stark. Center director Gary Gereffi oversaw the entire project.
Photos from the event can be accessed at the following link.
The research was commissioned by the Philippine Board of Investments (BOI), which is the industry development and investment promotion arm of the Department of Trade & Industry (DTI), and sponsored by the United States Agency for International Development (USAID) Philippines, through the Science, Technology, Research, and Innovation program (STRIDE); with additional support of the USAID Advancing Philippine Competitiveness Project (COMPETE).
The following are links to the full studies:
Photos courtesy of USAID STRIDE Program.