Fidel "Eddie" Valdez Ramos (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) and, later on, as Secretary of National Defense from 1986 to 1991.
During the historic 1986 EDSA People Power Revolution, Ramos, along with then Defense Minister Juan Ponce Enrile, was hailed as a hero by many Filipinos for his decision to break away from the administration of the late strongman Ferdinand Marcos and pledge allegiance and loyalty to the newly-established revolutionary government of President Aquino, following the downfall of Marcos from power in February 1986. Previously, he was the AFP vice chief-of-staff under President Marcos.
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 international magazines and observers as Asia's Next Economic Tiger.
However, the momentum in the economic gains made under the Ramos 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.
To date, Ramos is the first and only non-Catholic President of the Philippines. He belongs to the Protestant United Methodist Church.
Early life and education
Fidel Ramos was born on March 18, 1928 in Lingayen, Pangasinan. His father, Narciso Ramos (1900–1986), was a lawyer, journalist and 5-term legislator of the House of Representatives, who eventually rose to the position of Secretary of Foreign Affairs. As such, Narciso Ramos was the Philippine signatory to the ASEAN declaration forged in Bangkok in 1967 and was one of the founding fathers of the Liberal Party. His mother, Angela Valdez-Ramos (1905–1977), was an educator, woman suffragette and daughter of the respected Valdez clan of Batac, Ilocos Norte making him a second degree cousin to Ferdinand Marcos.
Ramos was educated at the United States Military Academy and University of Illinois, where he earned a master's degree in civil engineering. He also holds a master's degree in National Security Administration from the National Defense College of the Philippines and a Master's in Business Administration (MBA) from the Ateneo de Manila University.