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PN 1997-05Improving Industrial Relations and Reducing Adjunct Costs of Production and Trading: Steps Toward Improved International Competi
Intal, Ponciano Jr. S.

This issue shows that Philippine labor has been relatively more expensive than the rest of its neighbors. If the country is to improve its industrial ties, several approaches are offered not only to increase labor productivity but to reduce business transaction costs and to perk up infrastructure bottlenecks as well.

keywords:industrial relations,transaction cost,international competitiveness,labor productivity,wage rates,adjunct cost,infrastructural development
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