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  2. Economic history of the Philippines (1965–1986) - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The Philippine economy took a big hit during the 1973 oil crisis, but the commodities boom kept the economy afloat. [ 7 ] Manufactured exports became a significant growth area, growing at twice the rate of the agricultural exports which had been the Philippines’ traditional export products. [ 15 ]

  3. 1969 Philippine balance of payments crisis - Wikipedia

    en.wikipedia.org/wiki/1969_Philippine_balance_of...

    Marcos was proclaimed winner of the election in November 1969, and was inaugurated to his second term just before the new year, on December 30, 1969. The social impact of the 1969–1970 balance of payments crisis very quickly led to social unrest – so much so that Marcos went from winning the elections by a landslide in November to dodging effigies by protesters just two months later, in ...

  4. Economic history of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.

  5. History of the Philippines (1965–1986) - Wikipedia

    en.wikipedia.org/wiki/History_of_the_Philippines...

    The economy grew amidst the two severe global oil shocks following the 1973 oil crisis and 1979 energy crisis – oil price was $3 / barrel in 1973 and $39.5 in 1979, or a growth of 1200% which drove inflation. Despite the 1984–1985 recession, GDP on a per capita basis more than tripled from $175.9 in 1965 to $565.8 in 1985 at the end of ...

  6. People Power Revolution - Wikipedia

    en.wikipedia.org/wiki/People_Power_Revolution

    By the end of that year, the economy contracted by 6.8%. [25] The economic and political instability combined to produce the worst recession in Philippine history in 1984 and 1985, [26] [27] with the economy contracting by 7.3% for two successive years. [24] [23] [28]

  7. Philippines 2000 - Wikipedia

    en.wikipedia.org/wiki/Philippines_2000

    The Philippines 2000 platform was widely successful, making it one of the greatest legacies of the Ramos administration to the Philippines. Ramos was successfully able to open the then-closed Philippine economy and break Marcos-era formed monopolies, especially with regard to Philippine Airlines and the Philippine Long Distance Telephone Company, which were privatized and de-monopolized during ...

  8. Income inequality in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Income_inequality_in_the...

    Because of this growth, the Western Visayas economy increased its contribution to the gross domestic product in 2009 to 7.6 percent from the 7.3 percent in 2008. [49] In Central Visayas, the long-term goal is for it to be the leading growth center in the country, that would steer the Philippine economy into greater heights.

  9. Social crisis - Wikipedia

    en.wikipedia.org/wiki/Social_crisis

    an economic crisis which can range from or include a possible financial crisis, currency crisis, or any economic shock, or any breakdown or major dysfunctions within the economic system, or a major upheaval due to a natural disaster, which can include severe weather, or epidemics, or drought, or famine, or other events related to the natural world.