Marcos' downfall shakes all Asia.
Euromoney Limited, Registered in England & Wales, Company number 15236090
4 Bouverie Street, London, EC4Y 8AX
Copyright © Euromoney Limited 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Marcos' downfall shakes all Asia.

MARCO'S DOWNFALL SHAKES ALL ASIA When the crowds massing against Marcos in Manila looked up apprehensively at the military helicopters, they saw the soldiers leanout and make the sign of a capital L -- the sign of the revolution. The joy of that moment has carried the new regime through its first confused and disunited months, and still gives it the confidence that it can tackle the unassuaged poverty of the people.

As Marclos fled, the shock waves went through the Pacific. Euromoney has covered the whole region. Matthew Crabbe interviews the new rulers of the Philippines; Eamonn Fingleton investigates the fears of foreign bankers in Korea, Dirk Bennett meets equally worried foreigners in Taiwan; Pauline Loong finds out why there have been rumours of rescheduling in Malaysia, Leo Goodstadt looks at the tasks facing Hong Kong's new financial secretary and Nicholas-Bruce examines Thailand's efforts at bank reform.

Manana? Too urgent a word, they used to say, for the Philippines. But the government of Corazon Aquino has a sense of desperate urgency. The revolution of February this year sent Ferdinand Marcos packing and gave the people a new sense of confidence in themselves. But the old problems are still there.

Gift this article