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October 3, 2025Journal of Philippine development0 citations

GATT-UR and Philippine Agriculture: Facts and Fallacies

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ABArsenio M. Balisacan

Key Points

  • GATT-UR implementation is expected to improve conditions for farmers in the Philippines, enhancing their economic stability.
  • Adequate safety nets are critical to shield farmers from the potential negative effects of trade liberalization under GATT-UR.
  • Trade liberalization can lead to overall economic growth, benefiting not only farmers but also the poor in general.
  • The ratification of GATT-UR is crucial for initiating necessary economic reforms in the Philippines.

Abstract

GATT-UR provisions on agriculture have been most controversial. Its ratification depends on the establishment of adequate “safety nets” to protect farmers from the anticipated adverse welfare impacts of the GATT-UR implementation. This paper argues that the global and Philippine trade liberalization in the spirit of GATT-UR will benefit the poor and farmers. Senate should therefore ratify the agreements to allow the government to attend their business of carrying out economic and institutional reform for sustainable economic growth.

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Cite This Study

Arsenio M. Balisacan (1994) studied this question.

synapsesocial.com/papers/68e03509f0e39f13e7fa42e9https://doi.org/10.62986/pjd1994.21.1-2e
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