Short Outline of Life of Fidel V Ramos
Fidel "Eddie" Valdez Ramos (born March 18, 1928), popularly known as FVR, was the 12th President of the Philippines from 1992 to 1998. During his six years in office, Ramos was widely credited and admired by many for revitalizing and renewing international confidence in the Philippine economy.
Prior to his election as president, Ramos served in the Cabinet of President Corazon Aquino first as chief-of-staff of the Armed Forces of the Philippines (AFP) and, later on, as Secretary of National Defense from 1986 to 1991.
During the historic 1986 EDSA People Power Revolution, Ramos upon the invitation of then Defense Minister Juan Ponce Enrile, was hailed as a hero even though he was not part of the plan by many Filipinos for his decision to break away from the administration of the late strongman Ferdinand Marcos and pledge allegiance and loyalty to the newly-established revolutionary government of President Aquino, following the downfall of Marcos from power in February 1986. Previously, he was the AFP vice chief-of-staff, chief of PC/INP under President Marcos.
Under Ramos, the Philippines experienced a period of political stability and rapid economic growth and expansion, as a result of his policies and programs designed to foster national reconciliation and unity. Ramos was able to secure major peace agreements with Muslim separatists, communist insurgents and military rebels, which renewed investor confidence in the Philippine economy. Ramos also aggressively pushed for the deregulation of the nation's major industries and the privatization of bad government assets. As a result of his hands-on approach to the economy, the Philippines was dubbed by various international magazines and observers as Asia's Next Economic Tiger.
However, the momentum in the economic gains made under the Ramos Administration was briefly interrupted during the onset of the 1997Asian Financial Crisis. Nevertheless, during the last year of the term, the economy managed to make a rebound
Prior to his election as president, Ramos served in the Cabinet of President Corazon Aquino first as chief-of-staff of the Armed Forces of the Philippines (AFP) and, later on, as Secretary of National Defense from 1986 to 1991.
During the historic 1986 EDSA People Power Revolution, Ramos upon the invitation of then Defense Minister Juan Ponce Enrile, was hailed as a hero even though he was not part of the plan by many Filipinos for his decision to break away from the administration of the late strongman Ferdinand Marcos and pledge allegiance and loyalty to the newly-established revolutionary government of President Aquino, following the downfall of Marcos from power in February 1986. Previously, he was the AFP vice chief-of-staff, chief of PC/INP under President Marcos.
Under Ramos, the Philippines experienced a period of political stability and rapid economic growth and expansion, as a result of his policies and programs designed to foster national reconciliation and unity. Ramos was able to secure major peace agreements with Muslim separatists, communist insurgents and military rebels, which renewed investor confidence in the Philippine economy. Ramos also aggressively pushed for the deregulation of the nation's major industries and the privatization of bad government assets. As a result of his hands-on approach to the economy, the Philippines was dubbed by various international magazines and observers as Asia's Next Economic Tiger.
However, the momentum in the economic gains made under the Ramos Administration was briefly interrupted during the onset of the 1997Asian Financial Crisis. Nevertheless, during the last year of the term, the economy managed to make a rebound