Presiden Fidel Ramos received Token as inspiring Keynote Speaker at the 2012 International Conference on Business, Entrepreneurship and Management which I attended and held on January 25-26, 2012 in Manila, Philippines.
Fidel “Eddie” Valdez Ramos, GCMG (born March 18, 1928), popularly known as FVR, was the 12th President of the Philippines from 1992 to 1998. During his six years in office, Ramos was widely credited and admired by many for revitalizing and renewing international confidence in the Philippine economy.
Prior to his election as president, Ramos served in the Cabinet of President Corazon Aquino first as chief-of-staff of the Armed Forces of the Philippines (AFP), chief of Integrated National Police, and later on, as Secretary of National Defense from 1986 to 1991.
During the historic 1986 EDSA People Power Revolution, Ramos upon the invitation of then Defense Minister Juan Ponce Enrile, was hailed as a hero even though he was not part of the plan by many Filipinos for his decision to breakaway from the administration of the late strongman Ferdinand Marcos and pledge allegiance and loyalty to the newly established government of President Aquino.
Under Ramos, the Philippines experienced a period of political stability and rapid economic growth and expansion, as a result of his policies and programs designed to foster national reconciliation and unity. Ramos was able to secure major peace agreements with Muslim separatists, communist insurgents and military rebels, which renewed investor confidence in the Philippine economy. Ramos also aggressively pushed for the deregulation of the nation’s major industries and the privatization of bad government assets. As a result of his hands-on approach to the economy, the Philippines was dubbed by various internationally as Asia’s Next Economic Tiger.
However, the momentum in the economic gains made under his administration was briefly interrupted during the onset of the 1997 Asian Financial Crisis. Nevertheless, during the last year of the term, the economy managed to make a rebound since it was not severely hit by the crisis as compared to other Asian economies. He also oversaw the Philippine Centennial Independence celebrations in 1998.