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The People Power Revolution (also known as the EDSA Revolution and the Philippine Revolution of 1986) was a series of popular demonstrations in the Philippines that began in 1983 and culminated in 1986.
The People's Park put up in 1993 by the Philippine Government on the southwest corner of Camp Aguinaldo at the intersection of EDSA and White Plains Avenue contains the 30-figure People Power Monument sculpture by Eduardo Castrillo as well as a 1983 statue of Ninoy Aquino sculpted by artist Tomas Concepcion.
This article covers the history of the current Philippine republican state following the 1986 People Power Revolution, known as the Fifth Philippine Republic.. The return of democracy and government reforms beginning in 1986 were hampered by national debt, government corruption, coup attempts, disasters, a persistent communist insurgency, [1] and a military conflict with Moro separatists. [2]
February 22 – People Power Revolution (Day 1): Deputy Armed Forces of the Philippines (AFP) chief Lt. Gen. Fidel Ramos and Defense Minister Juan Ponce Enrile, backed by members of the armed forces loyal to the former, declares coup at a press conference at Camp Aguinaldo to call upon Pres. Marcos to resign and to announce their withdrawal of ...
On February 25, 1986, due to the People Power Revolution, Marcos went into exile in Hawaii, and Corazon Aquino became the 11th president of the Philippines. [2] The Fourth Republic would come to an end under Aquino's leadership, and the Fifth Republic would commence with the adoption of a new constitution.
Corazon Aquino began her presidency on February 25, 1986, following the People Power Revolution as the 11th president of the Philippines, succeeding Ferdinand Marcos.Aquino's relatively peaceful ascension to the Philippine presidency signaled the end of authoritarian rule of Ferdinand Marcos in the Philippines, and drew her and the Filipino people international acclaim and admiration.
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
The 1986 Philippine presidential and vice presidential elections were held on February 7, 1986. Popularly known as the 1986 snap election, it is among the landmark events that led up to the People Power Revolution, the downfall of the presidency of Ferdinand Marcos, and the accession of Corazon C. Aquino as president.