||This biographical article needs additional citations for verification. (January 2008)|
|Cesar A. Virata|
|Virata as Secretary of Finance in 1983|
|4th Prime Minister of the Philippines|
June 30, 1981 – February 25, 1986
|Preceded by||Ferdinand Marcos|
|Succeeded by||Salvador Laurel|
|3rd Director-General of the National Economic and Development Authority
Concurrently Prime Minister of the Philippines
|Preceded by||Placido Mapa, Jr.|
|Succeeded by||Vicente Valdepeñas, Jr.|
|Secretary of Finance|
February 9, 1970 – March 3, 1986
|Preceded by||Eduardo Romualdez|
|Succeeded by||Jaime Ongpin|
|Mambabatas Pambansa (Assemblyman) from Cavite|
June 30, 1984 – March 25, 1986
Helena C. Benitez
Renato P. Dragon
|Mambabatas Pambansa (Assemblyman) from Region IV|
June 12, 1978 – June 5, 1984
December 12, 1930 |
Kawit, Cavite, Philippines
|Political party||Kilusang Bagong Lipunan (1978–1986)|
|Religion||Iglesia Filipina Independiente|
Cesar Emilio Aguinaldo Virata (born 12 December 1930) is a Filipino politician and businessman, who was the fourth Prime Minister of the Philippines. He is the eponym of the Cesar Virata School of Business, the business school of the University of the Philippines Diliman.
One of the Philippines' business leaders and leading technocrats, he served as Finance Minister from 1970 to 1986 under President Ferdinand Marcos. It was during this time that the Philippines became economically strong through healthy trade and budgetary surpluses. However, other studies show budgetary deficits during the same period (PIDS, Budget Deficits, 2004, 4(1)), particularly during the later years of the Marcos regime. These deficits were precipitated by the oil crises' and the mass protests against the Marcos regime (supported by the international financial community) following the assassination of opposition leader Senator Benigno Aquino, Jr.
He also headed the National Economic and Development Authority (NEDA), the country's highest economic planning body, while also serving as the Prime Minister. Virata was the third to occupy the position and was succeeded by economist Vicente Valdepeña, Jr..
He was replaced as Prime Minister in the aftermath of the 1986 People Power Revolution by Salvador Laurel. Laurel succeeded Virata as Prime Minister on 25 February 1986, through the appointment of Corazon Aquino, but the position was abolished a month later by Proclamation No. 3 (the 'Freedom Constitution'). The office was confirmed as superseded by the 1987 Constitution, which restored the double office of head of state and head of government to the President.
Prior to assuming leadership positions in the government service during the Marcos regime, Virata used to teach at the business school of the University of the Philippines Diliman. He served as dean of the College of Business Administration, which was named after him on April 12, 2013 by the University of the Philippines Board of Regents (BOR)as the Cesar E.A. Virata School of Business. Several interest groups, including U.P. Kilos Na, have protested this renaming of the business school, and the BOR decided to restudy its decision during its board meeting held last July 29, 2013.
Virata is married to Phylita Joy Gamboa, a popular stage actress, and has three children: Steven Cesar, a businessman; Gillian Joyce, an international policy analyst; and Michael Dean, a doctor specialising in infectious diseases. The grandnephew of the first President, Emilio Aguinaldo, Virata holds an MBA from the Wharton School of the University of Pennsylvania. Virata is also an accomplished tennis player. His uncle, Leonides Sarao Virata, also served during under Marcos as Secretary of Trade and Industry and chairman of the Development Bank of the Philippines.
- Prime Minister of the Philippines
- National Economic and Development Authority (Prime Minister was also the head of the NEDA)
|Prime Minister of the Philippines
|Secretary of Finance
|House of Representatives of the Philippines|
|New constituency||Member of Parliament for Cavite
|Head of the National Economic and Development Authority
1981 – 1986
|Assemblyman for Region IV
- "Aquino Abolishes Assembly, Declares Interim Government". Milwaukee Journal (AP). 25 March 1986. p. 3. Retrieved 30 September 2010.