First term of the presidency of Ferdinand Marcos information
Marcos in 1966
This article is part of a series about Ferdinand Marcos
Early life
Military career
Stonehill scandal
Prime Minister
Presidency
Cult of personality
Economy
Monopolies
Cronies
Coco Levy Fund scam
Gintong Alay
Timeline
Communist insurgency
Moro conflict
First term
1965 election
1st Inauguration
balance of payments crisis
Second term
1969 election
campaign
2nd Inauguration
First Quarter Storm
Plaza Miranda bombing
Vietnam War
Martial law
Proclamation No. 1081
Human rights abuses
Torture
Rolex 12
Escalante Massacre
Chico River Dam Project
Masagana 99
Bataan Nuclear Power Plant
Journalism
Resistance
Religious
Indigenous
Workers
Protest art
Protest music
Third and fourth terms
1981 election and referendum
3rd inauguration
Assassination of Benigno Aquino Jr.
1986 election
4th inauguration
People Power Revolution
Family
Mariano (father)
Pacifico (brother)
Imelda (wife)
Bongbong (son)
Imee (daughter)
Irene (daughter)
Aimee (daughter)
Unexplained wealth
Overseas landholdings
Marcos mansions
Marcos jewels
Tallano gold conspiracy theory
Legacy
Burial
Historical distortion
Bust
Solid North
Marcos Japanese ODA scandal
Operation Big Bird
Marcos in film
Related
"Conjugal dictatorship"
Edifice complex
Category
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Ferdinand Marcos was inaugurated to his first term as the 10th president of the Philippines on December 30, 1965. His inauguration marked the beginning of his two-decade long stay in power, even though the 1935 Philippine Constitution had set a limit of only two four-year terms of office. Marcos had won the Philippine presidential election of 1965 against the incumbent president, Diosdado Macapagal.
Before Marcos' Presidency, the Philippines was the second largest economy in Asia, behind only Japan.[1] He pursued an aggressive program of infrastructure development funded by foreign loans,[1] making him very popular throughout almost all of his first term and eventually making him the first and only President of the Third Philippine republic to win a second term, although it would also trigger an inflationary crisis which would lead to social unrest in his second term, and would eventually lead to his declaration of Martial Law in 1972.[2][3]
^ abGalang, Ping (February 21, 2011). "The economic decline that led to Marcos' fall". GMANetwork.com. Archived from the original on May 29, 2018. Retrieved May 29, 2018.
^Balbosa, Joven Zamoras (1992). "IMF Stabilization Program and Economic Growth: The Case of the Philippines". Journal of Philippine Development. XIX (35).
^Cororaton, Cesar B. "Exchange Rate Movements in the Philippines". DPIDS Discussion Paper Series 97-05: 3, 19.
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