Professional Documents
Culture Documents
LKLKLK
LKLKLK
EJERCITO
ESTRADA
PROFILE:
Joseph Marcelo Ejercito Estrada was
born on April 19, 1937, in Tondo,
Manila. His parents, Engr. Emilio
Ejercito and Maria Marcelo, moved to
San Juan where he grew up and where
he continues to reside to this day. His
primary education was obtained at the
Jesuit-run Ateneo de Manila University.
He later took up an Engineering course
at the Mapua Institute of Technology.
ECONOMY
In 1998, Estrada was elected president.
His pro-poor program of government
bore fruit in less than two years, with a
significant improvement in the
countrys peace and order situation.
This likewise elicited a proportionate
rise in the approval rating of the
Philippine National Police.
PRIMARY PROBLEMS
Graft and Corruption
Graft and corruption was pretty eminent not just during
Estradas administration. Obviously, we all know Estrada
was sanctioned to have been getting or robbing money
from the governments fund to use for his own personal
interest. That is why he was impeached due to his plunder
and perjury case.
Asian Financial Crisis
The Central bank raised interest rates by 1.75%. The BSP
was forced to intervene heavily to defend the peso raising
the overnight rate from 15% to 24%. The pesa fell from 26
per dollar to 28 pesos to 40 pesos by the end of the crisis.
El Nino
The El Nino led to too many problems in the country.
One of which is the serious drought of lands in the rural
areas that cause the unemployment of the farmers and
the rise of the prices of rice.
Poverty
Of the 14.37 million families, 5.75 million belonged to
the lowest 40% income group while 8.62 million in the
highest 60% income bracket. In terms of percentage to
total families, families in the highest 60% income strata
got the biggest percentage in almost all indicators. But
in terms of the percentage to the total families within
each income strata, families in the lowest 40% income
strata are not far off from families in the highest 60%.
Agrarian Reform
The Estrada administration widened the coverage of the
Comprehensive Agrarian Reform Program (CARP) to the
landless peasants in the country side. The latters administration
distributed more than 266,000 hectares of land to 175,000
landless farmers, including land owned by the traditional rural
elite. On September 1999, he issued Executive Order (EO) 151,
also known as Farmers Trust Fund, which allows the voluntary
consolidation of small farm operation into medium and large
scale integrated enterprise that can access long-term capital.
President Estrada launched the Magkabalikat Para sa
Kaunlarang Agraryo or MAGKASAKA. The DAR forged into joint
ventures with private investors into agrarian sector to make FBs
competitive. In 1999 a huge fund was allocated to agricultural
programs. One of which is the Agrikulturang Maka Masa,
through which it achieved an output growth of 6 percent, a record
high at the time, thereby lowering the inflation rate from 11
percent in January 1999 to just a little over 3 percent by
November of the same year.
Death Penalty
The death penalty law in the Philippines was re-enforced during the
incumbency of Estradas predecessor, Fidel Ramos. This law
provided the use of the electric chair until the gas chamber (method
chosen by government to replace electrocution) could be installed.
The Estrada administration peddled the death penalty as the
antidote to crime. The reasoning was that if the criminals will be
afraid to commit crimes if they see that the government is
determined to execute them.
Charter Change
Under President Joseph Estrada, there was a similar attempt to
change the 1987 constitution. The process is termed as CONCORD
or Constitutional Correction for Development. Unlike Charter
change under Ramos and Arroyo the CONCORD proposal,
according to its proponents, would only amend the restrictive
economic provisions of the constitution that is considered as
impeding the entry of more foreign investments in the Philippines.
Plunder
The plunder case consisted of four separate charges:
acceptance of 545 million pesos from proceeds of
Jueteng, an illegal gambling game; misappropriation
of 130 million pesos in excise taxes from tobacco;
receiving a 189.7-million-peso commission from the
sale of the shares of Belle Corporation, a real-estate
firm; and owning some 3.2 billion pesos in a bank
account under the name Jose Velarde.
Perjury
The minor charge of perjury is for Estrada
underreporting his assets in his 1999 statement of
assets and liabilities and for the illegal use of an alias,
namely for the Jose Velarde bank account.
BW Resources
BW Resources, a small gaming company listed on
the Philippine Stock Exchange and linked to
people close to Estrada, experienced a meteoric
rise in its stock price due to suspected stock price
manipulation. The head of the compliance and
surveillance group of PSE resigned which led to
the confusion of the investigation. The events
created a negative impression. The BW
controversy undermined foreign investor
confidence in the stock market and also
contributed to a major loss of confidence in the
Philippines among foreign and local investors on
concerns that cronyism may have played a part.
Impeachment Trial
This was the first time Filipinos would witness,
through radio and television, an elected president
stand in trial and face possible impeachment with full
media coverage. During the trial, the prosecution
presented witnesses and alleged evidences to the
impeachment court regarding Estradas alleged
involvement in jueteng. The existence of secret bank
accounts that he allegedly used for receiving payoffs
was also brought affront. Singson stood as witness
against the president during the trial and said that he
and the President were alleged partners in-charge of
the countrywide jueteng operations. Singsons
testimony was one of the vital pieces of evidence
that led to Estradas subsequent conviction.
GLORIA
MACAPAGAL
ARROYO
PROFILE:
She was born as Mara Gloria Macaraeg
Macapagal to politician Diosdado
Macapagal and his wife, Evangelina
Macaraeg-Macapagal. She is the sister of
Dr. Diosdado "Boboy" Macapagal, Jr. and
Cielo Macapagal-Salgado.
In 1961, when Arroyo was just 14 years
old, her father was elected as president.
She moved with her family
into Malacaang Palace in Manila.
EDUCATIONAL BACKGROUND:
Primary
Assumption Convent High School; 1954-1960
Secondary
Assumption Convent HS; 1960-1964; Valedictorian
Tertiary
Georgetown University, 1964-66,
AB Economics; Deans Lister
Assumption College, 1968, AB Economics Magna
cum Laude
Post Graduate
Ateneo de Manila University, 1978,
MA Economics
UP School of Economics, 1985,
Ph.D. in Economics
ECONOMY
Arroyo, who earned a master's degree and doctorate in economics, made
the Philippine economy the focus of her presidency. Annual economic
growth in the Philippines averaged 4.5% during the Arroyo administration,
expanding every quarter of her presidency. This is higher than in the
administrations of her three immediate predecessors, Corazon
Aquino (3.8%), Fidel Ramos (3.7%), and Joseph Estrada (3.7%). The
Philippine economy grew at its fastest pace in three decades in 2007, with
real GDP growth exceeding 7%. The economy was one of the few to avoid
contraction during the 2008 global financial crisis, faring better than its
regional peers due to minimal exposure to troubled international securities,
lower dependence on exports, relatively resilient domestic consumption,
large remittances from four-to five-million overseas Filipino workers, and a
growing business process outsourcing industry. Arroyo's handling of the
economy has earned praise from former US President Bill Clinton, who
cited her "tough decisions" that put the Philippine economy back in
shape. Despite this growth, the poverty rate remained stagnant due to a
high population growth rate and uneven distribution of income.
PRIMARY PROBLEMS
Killings
There have been more than 840 killings in the Philippines
since President Gloria Macapagal Arroyo came to power.
One of the major problems of the Philippines are the arbitrary,
unlawful and extrajudicial killings which includes the death of
journalists. More than half of the journalists who were killed
after Marcos time were killed during the Arroyo
administration. Only in three cases of killings were the killers
been convicted but no mastermind was brought to court. The
Philippines is now considered as the second most dangerous
country to practice journalism next to Iraq. Even though there
are intense efforts of the government to investigate and
prosecute the cases of killings, many cases were still
unresolved and a lot of them are still not punished.
Corruption
Corruption scandals during the Arroyo
Administration in the last seven years have cost
the Filipinos around 7.3 billion pesos. With at
least six corruption cases so far, President
Arroyo has now been considered the most
corrupt president in the Philippines. Corruption
has greatly benefited the Arroyo Administration
while it continues to worsen the condition of the
Philippines specifically contribute more to
poverty. Corruption is a problem in all the
institutions of the Philippines including the
criminal justice system specifically the police,
prosecutorial and judicial organs.
Budget Mismanagement
Education, health, and public
infrastructure were not given much priority
even though there were large increases in
the national budget.
The president relied on reenacted budget;
none of the proposed regular budgets
were approved on time. In three of the
nine years as president, she ran the
government without an approved budget.
Poverty
Poverty is most rampant in the rural areas of
the Philippines. Even though there is a share of
poverty in the National Capital Region, the rate
of poverty in rural areas than urban areas is
still a lot higher. The rural poor are the
unemployed or self-employed in agriculture or
only casual labor who are landless.
Poverty has worsened because of high inflation
and unemployment. The Philippines has not yet
surpassed poverty unlike neighboring countries
like Vietnam, Thailand, and Indonesia who are
rapidly reducing poverty at present.
Unemployment
President Arroyo promised to create 10 million
jobs from 2004-2010 but didnt reach this
target. A lot of decent jobs in the manufacturing
sector disappeared and more less secure jobs
emerged.
Since unemployment, poverty and hunger go
together, this just shows the failure of the
Philippine social-protection program who
doesnt
provide enough protection for the less fortunate
and unemployed. All these three have
worsened under the Arroyo Administration.
GROUP 1
MEMBERS:
APRIL JOY B. BALING
MAYBELEN VALDEZ
EMERIE THERESE J. TANGARORANG
JOHN EDUARD CABITEN
HAROLD D. LIMOSNERO