First term of the presidency of Ferdinand Marcos

This article is part of a series about Ferdinand Marcos
Early life Military career Stonehill scandal Prime Minister Presidency Cult of personality Economy Monopolies Cronies Coco Levy Fund scam Gintong Alay Timeline Communist insurgency Moro conflict First term 1965 election 1st Inauguration balance of payments crisis Second term 1969 election campaign 2nd Inauguration First Quarter Storm Plaza Miranda bombing Vietnam War Martial law Proclamation No. 1081 Human rights abuses Torture Rolex 12 Escalante Massacre Chico River Dam Project Masagana 99 Bataan Nuclear Power Plant Journalism Resistance Religious Indigenous Workers Protest art Protest music Third and fourth terms 1981 election and referendum 3rd inauguration Assassination of Benigno Aquino Jr. 1986 election 4th inauguration People Power Revolution Family Mariano (father) Pacifico (brother) Imelda (wife) Bongbong (son) Imee (daughter) Irene (daughter) Aimee (daughter) Unexplained wealth Overseas landholdings Marcos mansions Marcos jewels Tallano gold conspiracy theory Legacy Burial Historical distortion Bust Solid North Marcos Japanese ODA scandal Operation Big Bird Marcos in film Related "Conjugal dictatorship" Edifice complex
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Ferdinand Marcos was inaugurated to his first term as the 10th president of the Philippines on December 30, 1965. His inauguration marked the beginning of his two-decade long stay in power, even though the 1935 Philippine Constitution had set a limit of only two four-year terms of office. Marcos had won the Philippine presidential election of 1965 against the incumbent president, Diosdado Macapagal.

Before Marcos' Presidency, the Philippines was the second largest economy in Asia, behind only Japan.^[1] He pursued an aggressive program of infrastructure development funded by foreign loans,^[1] making him very popular throughout almost all of his first term and eventually making him the first and only President of the Third Philippine republic to win a second term, although it would also trigger an inflationary crisis which would lead to social unrest in his second term, and would eventually lead to his declaration of Martial Law in 1972.^[2][3]