Wednesday. Feb. 26. 1986
The Philippines
University Daily Kansan
9
Philippine future uncertain Aquino inherits problems
17 United Press International
MANILA, Philippines — The downfall of President Ferdinand Marcos and the rise of Corazon Aquino marks the beginning of an uncertain transition for a people whose lives have been controlled by one man for 20 years.
Aquino has vowed to put the Philippines on the road to recovery from its worst economic crisis since World War II and implement policies aimed at crushing a worrisome communist insurgency that made unprecedented gains in the final years of the Marcos government.
She has inherited formidable legacies — a record $23 billion debt, a currency worth less than half what it was two years ago, a 16,000-strong force of communist guerrillas and a system rife with corruption.
In the campaign leading up to the Feb. 7 election, Aquino outlined how she intended to deal swiftly with what she regarded as the more notorious evils that Marcos had been unable to banish.
The first was carried out yesterday when Marcos agreed to step down in exchange for safe passage out of the country. Aquino's popularly elected government took power, though in an unconventional manner, ending 14
years of authoritarian rule that began when Marcos imposed martial law in 1972.
The martial law period formally ended after eight years, but remained a tacit fact of life until Marcos stepped down.
Marcos himself may have helped return power to the people in the way he handled his own downfall by agreeing yesterday to leave office. Loss of life was minimal. The transition was mostly peaceful.
News Analysis
That in itself, Aquino thinks, will isolate the extreme leftist forces in the country and have a chilling effect on the growth of the communist-led New Peoples Army.
She has pledged to go further to deal with the insurgency and called for a six-month cease-fire and negotiations with leaders of the rebel forces. The communist leaders earlier suggested the election was a contest between "local reactionaries."
Aquino also has vowed to immediately release all political prisoners in the country, thought to number about 600.
If the communists renounce
violence. Aquino has said she would work toward a legalization of the Communist Party of the Philippines.
Aquino's principal weapon in aiding the economy after two years of negative growth rests with a restoration of confidence in the government, including clear economic guidelines and changing laws and rules that have favored Marcos' closest business associates.
She also has set down a program patterned on a Latin American model of dealing firmly with the country's creditors, which are 483 banks, the International Monetary Fund, the World Bank and foreign governments.
Advisers have recommended that she call soon for a renegotiation of the country's foreign debt, pegging payments to a percentage of the country's gross national product.
Aquino's foreign policy is uncertain, but the United States, which maintains two of its most strategic military installations in the Philippines, does not appear too concerned.
Aquino has pledged to respect a treaty covering the U.S. Clark Air Base and Subic Bay Naval Base through 1991, and although she has left her options open beyond that, she has not closed the door to an extension of the treaty.
yello sub
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