In 2006, the Philippines faces a difficult choice. Japan has offered the country a trade agreement that includes access to the Japanese labor market to Filipino nurses and other professionals. The same trade agreement, however, means the opening of the production companies in the country for Japanese exports, which is bitterly opposed to some of the largest foreign investment. President Gloria Arroyo - alert to coup attempts and political scandals - must decide whether to embrace the country's thirty-year old strategy to promote exports of its workforce, or weaken the strategy to meet the needs of large foreign investors. "Hide
by Noel Maurer Source: Harvard Business School 24 pages. Publication date: April 17, 2006. Prod. #: 706052-PDF-ENG
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