History has come full circle in the Philippines.

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A ruling family which was driven out of power 36 years ago, accused of spectacular greed and brutality, is all but set to return to Malacañang - the presidential palace.

It is a stunning blow to those in the Philippines who have campaigned for accountability for the abuses of the old Marcos era. The Marcos family has never apologised for those abuses, nor given back much of the treasure they are accused of stealing from the national purse.

How has Ferdinand "Bongbong" Marcos Jr done it? And what are the implications for the 110 million people of the Philippines, and for its place in the world?

Lies and distortion
In 1986, public anger towards the Marcos regime saw Ferdinand Marcos and his family toppled and forced out of the Philippines.

But after just five years in exile, the family returned - and immediately began making their way back into political circles.

Bongbong has been almost continually in office since the age of 23, aside from his time abroad. Winning the presidency is something he has been preparing for all his life.

The fate of democracy
So what can we expect from the Marcos presidency? He spoke little about the details of his policy platform while campaigning, which in any case is an unremarkable list of promises, largely to continue the policies of President Duterte.

One obvious concern is what happens to the efforts to recover the money allegedly stolen by the Marcoses when they were last in power.

The Presidential Commission on Good Governance (PCGG), established after the 1986 uprising, has recovered about one third of the $10-15bn of so-called "ill-gotten wealth" - including jewellery, valuable paintings and Imelda's famous shoes - but is officially still pursuing the rest.