TY  - BOOK
AU  - 
AU  -  Edsel L. Beja Jr.
ED  - 
ED  - 
ED  - 
ED  - 
SN  - 2
PY  - 2009///46
CY  - Quezon City : 
PB  - Office of Research and Publications, Ateneo de Manila University
KW  - 
KW  - 2
KW  - 0
KW  - 6
KW  - 20
KW  - Income
KW  - Trade openness
KW  - Financial openness
KW  - Domestic economy
KW  - sears0
N1  - ABSTRACT :   what is the contribution of economic openness and the domestic economy to income is tested using quantity measures  of trade, finance, and domestic economic base. The short answer is : it depends Africa and the America lose from both trade and financial openness. Asia gains from trade openness but  not from financial openness. The industrialized region benefits from both trade and financial openness. In all regions, the domestic economic base compensates for any adverse effects of economic openness. the overall experience with openness could still be enhanced with healthier external and domestic engagements, especially with the latter increasing its relative role in economies. The case study on the Phillipinesfinds that it gains from trade and financial opennesss but not from its domestic economic base. In this case economic progress is difficult because the gains from external engagement are wiped out by the losses from domestic economy disengagement; 5
ER  -