PHILIPPINE PRESIDENTS AND THEIR ECONOMIC

PROGRAMS

MANUEL ROXAS1946- 1948

REHABILITATION PERIOD

BELL TRADE ACT ( 1946) A policy ratified by US congress to

help in the rehabilitation of the Philippines, provided free will continue

PARITY RIGHTS Rights given to the Americans in

the utilization of Philippine Natural Resources

MANUEL ROXAS1946- 1948

• Financial Package of $620 M from the US for Philippine Rehabilitation Programs• REHABILITATION FINANCE

CORPORATION ( RF C ) To manage the distribution of loan

and assistance from the US

ELPIDIO QUIRINO IMPORT SUBSTITUTION To curb the growing balance of payment deficit. To establish an industrial and manufacturing base for the Philippines IMPORT CONTROL LAW 1950 To regulate the entry of foreign products

RAMON MAGSAYSAY1953-1957

LAND REFORM ACT of 1955 To resolve the growing feud

between farmers and tenants

NATIONAL RESSETLEMENT AND REHABILITATION

ADMINISTRATION ( NARRA )

CARLOS P. GARCIA1957- 1961

• FILIPINO FIRST POLICY To prioritize Filipino

industries in the allocation of resources

• Put restrictions in imports and foreign exchange

DIOSDADO MACAPAGAL1961-1965

DE CONTROL to give incentive to export

industries Liberalized importation of

goods LAND REFORM CODE 1963 This system removed share

tenancy and replaced with leasehold system

FERDINAND MARCOS1965-1986

PLEDGESGREEN REVOLUTIONMASAGANA 99PD 27 Agrarian reform program P.D 27 – covers rice and corn land

CORAZON C. AQUINO1986-1992

• PEOPLE POWER• FOREIGN INVESTMENT

ACT• COMPREHENSIVE

AGRARIAN REFORM PROGRAMS ( CARP )

Covers all agricultural land

Provides land for the landless farmers

CORAZON C. AQUINO1986-1992

• PRESIDENTIAL COMMISSION ON GOOD GOVERNMENT ( PCGG)

To recover the ill-gotten wealth of the Marcoses

• PRIVATIZATION PROGRAM• Dismantling of the US BASES

FIDEL V. RAMOS1992-1998

• PILIPINAS 2000 socio economic program which

envisioned the Philippines to be a tiger economy in Asia.

• OIL DEREGULATION ( RA 8479 ) prohibited government interference

with any market aspect of the oil industry, including pricing, import and export processes and facilities and the establishment of retailers and refineries

JOSEPH E. ESTRADA

JEEP NI ERAP • Justice • Economy• Education• Peace

GLORIA MACAPAGAL- ARROYO2001-2010

• STRONG REPUBLIC • BEAT THE ODDS• Expanded Value Added Tax ( E-VAT )• a type of indirect sales tax

levied on goods and services at each production and distribution step.

GLORIA MACAPAGAL- ARROYO• STRONG REPUBLIC • BEAT THE ODDS

EXPANDED VALUE ADDED TAX ( EVAT RA. 9337 ) a type of indirect sales tax levied on goods and

services at each production and distribution step. To generate more revenues

GININTUANG MASAGANANG ANI ( GMA)

BENIGNO AQUINO III2010-2016

PILIPINAS NATIN• a campaign that seeks to

harness the spirit of People Power to boost the partnership between government and the Filipino people toward progress and development.

AQUINOMICS“economics of business confidence”

aims to create an environment that will give the private sector confidence to put in their money, generate jobs, accelerate economic growth and sustain it.

FOUR PILLARS 1. Fiscal sustainability and macroeconomic stability 2. Private and Public Partnership ( PPP ) 3. Ease in doing business, for both local and foreign investors 4. Investment in people – giving Filipinos health care, education and the skills necessary to become “productive participants in the economy

PROGRAMS IN AGRICULTURE

POINTERS FOR REVIEW

I. ECONOMICS AS A SOCIAL SCIENCE a. Definition of economics

b. Relation of economics with other sciences c. Concepts about scarcity and choice d. Division of economics

II. DIFFERENT ECONOMIC THOUGHTS a. Physiocrats

b. Mercantilists c. Classicists

III. DIFFERENT ECONOMISTS AND THEIR WORKS a. Francois Quesnay

b. Adam Smith c. David Ricardo d. Thomas Malthus e. John Maynard Keynes f. Karl Marx

III. DIFFERENT ECONOMISTS AND THEIR WORKS a. Francois Quesnay

b. Adam Smith c. David Ricardo d. Thomas Malthus e. John Maynard Keynes f. Karl Marx

III. ECONOMIC RESOURCES A. Classifications 1. natural 2. human 3. capital / physical

B. Role of economic resources in the production process

C. Different Agencies that protect economic resources and their functions

IV. HISTORY OF PHILIPPINE ECONOMY A. Pre-colonization B. Spanish era C. American era D. Japanese era E. Republic years

V. CURRENT ISSUES A. Saudization B. The price of rice ( IBON MAGAZINE ) C. State of the Nation Address of Pres. Noynoy Aquino a. Leadership / Governance b. Economy c. Peoples Welfare

THANK YOU.