This document summarizes the economic programs and policies of Philippine presidents from Manuel Roxas to Benigno Aquino III. It outlines the rehabilitation efforts under Roxas after WWII, the import substitution strategy under Quirino to develop local industries, the land reform acts under Magsaysay and Macapagal to assist farmers, and the various socioeconomic programs pursued by subsequent presidents like Ramos, Estrada, Arroyo, and Aquino to promote development, generate revenues, and improve people's welfare. It also provides pointers for reviewing key economic concepts, thinkers, resources, and the history of the Philippine economy.

1. PHILIPPINE PRESIDENTS
AND THEIR ECONOMIC
PROGRAMS

2. MANUEL ROXAS
1946- 1948
REHABILITATION PERIOD
BELL TRADE ACT ( 1946)
 A policy ratified by US congress to
help in the rehabilitation of the
Philippines, provided free will continue
PARITY RIGHTS
 Rights given to the Americans in
the utilization of Philippine Natural
Resources

3. MANUEL ROXAS
1946- 1948
• Financial Package of $620 M from
the US for Philippine Rehabilitation
Programs
• REHABILITATION FINANCE
CORPORATION ( RF C )
To manage the distribution of loan
and assistance from the US

4. ELPIDIO QUIRINO
IMPORT SUBSTITUTION
 To curb the growing
balance of payment
deficit.
 To establish an industrial
and manufacturing base
for the Philippines
IMPORT CONTROL LAW 1950
 To regulate the entry of
foreign products

5. RAMON MAGSAYSAY
1953-1957
LAND REFORM ACT of 1955
 To resolve the growing feud
between farmers and tenants
NATIONAL RESSETLEMENT
AND REHABILITATION
ADMINISTRATION ( NARRA )

6. CARLOS P. GARCIA
1957- 1961
• FILIPINO FIRST POLICY
 To prioritize Filipino
industries in the
allocation of resources
• Put restrictions in
imports and foreign
exchange

7. DIOSDADO MACAPAGAL
1961-1965
DE CONTROL
 to give incentive to export
industries
 Liberalized importation of
goods
LAND REFORM CODE 1963
 This system removed share
tenancy and replaced with
leasehold system

8. FERDINAND MARCOS
1965-1986
PLEDGES
GREEN REVOLUTION
MASAGANA 99
PD 27
Agrarian reform program
P.D 27 – covers rice and
corn land

9. CORAZON C. AQUINO
1986-1992
• PEOPLE POWER
• FOREIGN INVESTMENT
ACT
• COMPREHENSIVE
AGRARIAN REFORM
PROGRAMS ( CARP )
 Covers all agricultural
land
 Provides land for the
landless farmers

10. CORAZON C. AQUINO
1986-1992
• PRESIDENTIAL COMMISSION ON GOOD
GOVERNMENT ( PCGG)
 To recover the ill-gotten wealth of the Marcoses
• PRIVATIZATION PROGRAM
• Dismantling of the US BASES

11. FIDEL V. RAMOS
1992-1998
• PILIPINAS 2000
 socio economic program which
envisioned the Philippines to be a
tiger economy in Asia.
• OIL DEREGULATION ( RA 8479 )
 prohibited government
interference with any market aspect
of the oil industry, including pricing,
import and export processes and
facilities and the establishment of
retailers and refineries

12. JOSEPH E. ESTRADA
JEEP NI ERAP
• Justice
• Economy
• Education
• Peace

13. GLORIA MACAPAGAL- ARROYO
2001-2010
• STRONG REPUBLIC
• BEAT THE ODDS
• Expanded Value Added
Tax ( E-VAT )
• a type of indirect sales tax
levied on goods and
services at each
production and
distribution step.

14. GLORIA MACAPAGAL- ARROYO
• STRONG REPUBLIC
• BEAT THE ODDS
EXPANDED VALUE ADDED TAX ( EVAT RA. 9337 )
 a type of indirect sales tax levied on goods and
services at each production and distribution step.
 To generate more revenues
 GININTUANG MASAGANANG ANI ( GMA)

15. BENIGNO AQUINO III
2010-2016
PILIPINAS NATIN
• a campaign that seeks to
harness the spirit of People
Power to boost the
partnership between
government and the Filipino
people toward progress and
development.

16. AQUINOMICS
“economics of business confidence”
 aims to create an environment that will give the private
sector confidence to put in their money, generate jobs,
accelerate economic growth and sustain it.
FOUR PILLARS
1. Fiscal sustainability and macroeconomic stability
2. Private and Public Partnership ( PPP )
3. Ease in doing business, for both local and foreign
investors
4. Investment in people – giving Filipinos health care,
education and the skills necessary to become
“productive participants in the economy

17. PROGRAMS IN AGRICULTURE

18. POINTERS FOR REVIEW
I. ECONOMICS AS A SOCIAL SCIENCE
a. Definition of economics
b. Relation of economics with other sciences
c. Concepts about scarcity and choice
d. Division of economics
II. DIFFERENT ECONOMIC THOUGHTS
a. Physiocrats
b. Mercantilists
c. Classicists

19. III. DIFFERENT ECONOMISTS AND THEIR WORKS
a. Francois Quesnay
b. Adam Smith
c. David Ricardo
d. Thomas Malthus
e. John Maynard Keynes
f. Karl Marx

20. III. DIFFERENT ECONOMISTS AND THEIR WORKS
a. Francois Quesnay
b. Adam Smith
c. David Ricardo
d. Thomas Malthus
e. John Maynard Keynes
f. Karl Marx

21. III. ECONOMIC RESOURCES
A. Classifications
1. natural
2. human
3. capital / physical
B. Role of economic resources in the production
process
C. Different Agencies that protect economic
resources and their functions

22. IV. HISTORY OF PHILIPPINE ECONOMY
A. Pre-colonization
B. Spanish era
C. American era
D. Japanese era
E. Republic years
V. CURRENT ISSUES
A. Saudization
B. The price of rice ( IBON MAGAZINE )
C. State of the Nation Address of Pres. Noynoy Aquino
a. Leadership / Governance
b. Economy
c. Peoples Welfare

23. THANK YOU.