The triumph of the peaceful People Power Revolution and the ascension of Corazon Aquino into power signaled the end of authoritarian rule in the Philippines and the dawning of a new era for Filipinos. The relatively peaceful manner by which Aquino came into power drew international acclaim and admiration not only for her but for the Filipino people, as well.
Her economic policies centered on restoring economic health and confidence and focused on creating a market-oriented and socially responsible economy. She became the first Filipino to be bestowed with the prestigious Prize For Freedom Award in 1987.
And in recognition for her role in the world's most peaceful revolution to attain democracy, she was awarded the prestigious Ramon Magsaysay Award in 1998.
She was the first female president of the country and the only president with no political background.
She is also regarded as the first female president in Asia.