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Economic history of the Philippines (1973–1986) : ウィキペディア英語版
Economic history of the Philippines (1973–1986)

The Philippine economy between 1973 to 1986 suffered from a downturn due to a mixture of domestic and international problems after experiencing years of positive growth. These were the years that saw the country under Ferdinand Marcos and martial law, the assassination of Benigno Aquino, Jr., changes to the Philippine energy law, and the success of the EDSA People Power Revolution.
== Declaration of martial law ==
President Ferdinand E. Marcos declared martial law in the midst of rising student movements and an increasing number communist and socialist groups lobbying for reforms in their respective sectors. Leftists held rallies to express their frustrations to the government, this restiveness culminating in the First Quarter Storm, where activists stormed Malacañang Palace only to be turned back by the Philippine Constabulary. This event in particular left four people dead and many injured after heavy exchanges of gunfire. There was further unrest, and in the middle of the disorder on 21 September 1972, Marcos issued Proclamation No. 1081, effectively installing martial law in the Philippines, a declaration that suspended civil rights and imposed military rule in the country.
Marcos defended his actions stressing the need for extra powers to quell the rising wave of violence allegedly caused by the communists. He further justified the decree citing the provisions from the Philippine Constitution that martial law is in fact a strategic approach to legally defend the Constitution and protect the welfare of the Filipino people from the dangerous threats posed by vigilantes that place national security at risk. The emergency rule, according to Marcos’s plan, was to lead the country into what he calls a “New Society”.
The move was initially supported by most Filipinos and viewed by some critics as a change that would solve the massive corruption in the country. Indeed, it ended the clash between the executive and legislative branches of the government and a bureaucracy characterized by special interests. The declaration, however, eventually proved unpopular as excesses, continued corruption, and human rights abuses by the military emerged.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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