Economic Policies of FERDINAND MARCOS
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Transcript of Economic Policies of FERDINAND MARCOS
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Economic policies of FERDINAND MARCOS Certain habits/behaviors of the people contribute to the
obstacles to modernization.1. Ethic of “utang na loob” .2. Colonial mentality .3. In-group harmony and coherence .
A spirit of self-sacrifice for the progress of the nation was needed.
“Sa ikauunlad ng bayan, disiplina ang kailangan” The specific areas of the New Society envisioned by Pres. Marcos
for reform:1. Peace and Order2. Land Reforms3. Educational Reforms4. Labor Reforms5. Government Reorganization6. Economic Reforms7. Social Services
Peace and Order Martial law – to restore peace and order Criminals were either captured and detained or killed
Land Reforms
Exploitation of the poor and landless peasants by their landlords
Presidential Decree No. 2 - proclaiming the “whole country as a reform area”
Presidential Decree No. 27 – abolishes tenancy By the end of martial law in 1981, 532, 153 tenant-farmers
had become owners of rice and corn lands in 45 provinces.
Educational Reforms
Marcos believed that education was a very important role towards the goal of the “New Society”.
President Marcos vowed that his administration “shall educate our children, our men and women, and ourselves.”
Education Development Decree of 1972 – defines a more responsive role for the education system
Labor Reforms
First Labor Day Presidential Decree No. 21 – fast and just settlements of
disputes through the National Labor Relations Commission Presidential Decree 99 – minimum wages for household
helpers Presidential Decree No. 143 – “Blue Sunday Law”
(mandatory rest for every worker once a week) Presidential Decree No. 148 – eliminates anti-employment
provisions of the Woman and Child Labor Law Presidential Decree No. 197 – More effective apprenticeship
programGov’t Reorganization
Presidential Decree No. 1 – “Integrated Reorganization Plan (dismiss corrupt officials) (a total of 6, 655 employees were dismissed)
Economic Reforms
Presidential Decree No. 3 – appropriating funds for public works involving rehabilitation and capital development
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Social Services The Marcos Administration extended social services
available to the people, focusing on the people affected by poverty
Aim – to make the people self-reliant and productive1. Health and Nutrition2. Family Planning3. Housing and Human Settlements
Masagana 99 Liberal credit and extension work was the “secret” of
Masagana 99 Educated agricultural technicians Provided farmers with full credit support After 3 years, the Philippines experienced its highest
productivity increase in rice production (1976-1985) Masagana 99 uplifted the lives of the farmers Mobilized government resources to help the farmers in
rural areas (helicopters, etc..) We became the top exporters of rice