What year is post EDSA period in the Philippines?
The Post-EDSA macroeconomic history of the Philippines covers the period from 1986 to the present time, and takes off from the acclaimed People Power Revolution in the EDSA Revolution of 1986 (named after Epifanio de los Santos Avenue in Manila) that brought democracy and development potentials back to the country that …
When did EDSA Power start?
|Date||February 22–25, 1986|
|Location||Quezon City, Philippines|
|Also known as||EDSA Revolution EDSA I Yellow Revolution|
When was Ferdinand Marcos elected?
Ferdinand Marcos was inaugurated to his first term as the 10th president of the Philippines on December 30, 1965, after winning the Philippine presidential election of 1965 against the incumbent president, Diosdado Macapagal.
What major events happened in 1986?
Soviet Nuclear reactor at Chernobyl explodes. Soviet Nuclear reactor at Chernobyl explodes on April 26th causing release of radioactive material across much of Europe.
What significant event happened on 1986?
Explosion at the Chernobyl Nuclear Power Plant The explosion at the Chernobyl nuclear power station in the Soviet Union on April 26 1986 was the worst nuclear power disaster in human history. The Chernobyl power plant was based at the Pripyat settlement, 10 miles from the city of Chernobyl.
What did Marcos do on his first term?
During this first term, Marcos also began systematically cultivating a group entrepreneurs and industrialists loyal to him, rather than the Philippines’ ruling class of landowners, making these cronies richer and more powerful through what would later be called “behest loans”, which funnelled foreign assistance and ” …
When did Marcos end his term?
He ruled under martial law from 1972 until 1981 and kept most of his martial law powers until he was deposed in 1986, branding his rule as “constitutional authoritarianism” under his Kilusang Bagong Lipunan (New Society Movement).