While he was studying at Wharton School,Virata studied about American labor,steel industry,automotive industry,and many others which was not discussed when he was a student of the University of the Philippines. He also took money and banking as well as cost accounting and advanced money and banking courses,while doing so. In line with that,he realized that around a third of the things he was learning at Wharton were in reality,not applicable to the Philippine setting,specifically the automotive industry.[4]
Cesar Virata and wife Phylita "Joy" Gamboa Virata at the eulogy for Onofre Corpuz,April 1,2013.
After the 1986 EDSA Revolution
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 February 25,1986,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 The office was confirmed as superseded by the 1987 Constitution,which again fused the offices of the head of state and the head of government in the President.
Academe
Prior to assuming leadership positions in the government service during the Marcos administration,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. Some members in certain interest groups,including U.P. Kilos Na,the UP Diliman University Council,undergraduates of the UP College of Business,and in the BOR itself then objected to renaming the business school after Virata. The matter was discussed at length in a series of meetings which resulted in the BOR re-affirming its decision to rename the college after Virata.[6]
Family and personal life
Virata is married to Phylita Joy Gamboa,a popular stage actress,and has three children:Steven Cesar,a businessman;Gillian Joyce,an educator;and Michael Dean,a doctor specializing 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. As with most of his family,Virata is a member of the Philippine Independent Church.[7]
Biographies
Virata's life and his impact on Philippine economic history have been the subject of various books. The most of extensive biography to cover Virata as its main subject is Gerardo Sicat's 2014 biography,"Cesar Virata:Life and Times Through Four Decades of Philippine Economic History."[8] He is also one of the main subjects of Teresa S. Encarnacion Tadem's 2019 Ateneo Press book "Philippine Politics and the Marcos Technocrats:The Emergence and Evolution of a Power Elite."[9]
Gerardo P. Sicat,2014. Cesar Virata Life and Times Through Four Decades of Philippine Economic History,Diliman,Quezon City:The University of Philippines Press, ISBN978-971-542-742-5.
↑ Encarnacion-Tadem, Teresa. Philippine Politics and the Marcos Technocrats: The Emergence and Evolution of a Power Elite. Ateneo de Manila University Press. p.61.
↑ Hidalgo, Cristina Pantoja (2016). The UP Cesar E.A. Virata School of Business: A Century of Business Education in the Philippines (Firsted.). Diliman, Quezon City: UP Business Research Foundation, Inc. pp.81–82. ISBN978-621-95585-0-1.
↑ Sicat, Gerardo P. (2014). Cesar Virata: life and times through four decades of Philippine economic history. Diliman, Quezon City. ISBN978-971-542-741-8. OCLC885027140.{{cite book}}: CS1 maint: location missing publisher (link)
↑ Tadem, Teresa S. Encarnacion (2019). Philippine politics and the Marcos technocrats: the emergence and evolution of a power elite. Quezon City, Philippines. ISBN978-971-550-913-8. OCLC1120784698.{{cite book}}: CS1 maint: location missing publisher (link)
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