PM Shinawatra: Power through the Democratic Process

Yingluk Shiniwatra, PM Thailand

PM Yingluck Shinawatra easily survived a vote of no confidence in the Thai House of Representatives on November 28th this year. Polls also show her as having the confidence of the electorate as she ponders her first eighteen months in office.

A youthful and highly photogenic 45 year old former businesswoman, Shinawatra became Thailand’s first female prime minister last year and has the distinction of been the youngest PM in the country for the past sixty years. She is following on from her brother Thaskin, a former PM now in self-imposed exile but who still has effective control of her Pheu Thai party. Mr. Thaskin was ousted in a 2006 military coup.

Her election promises included higher wages, lower taxes and free computers. This was the first time she had run for office and had never before held a government post. However, she is the youngest child of a highly political family, has two university degrees in politics and is the product of a well-oiled political machine.

“I will utilise my femininity to work fully for our country.”

It is to her credit that Shinwatra mobilised her power base through the democratic process rather than in the bloody street protests that have been commonplace in Thailand. Her campaign was one of great charm and humility in which she sometimes damned her opponents with faint praise. She seems to have an easy and natural connection with ordinary Thai people and said that she planned to use her attributes as a woman to promote national reconciliation. The well conducted election and smooth transition of power has done much to boost confidence in Thailand.

CFI

Recent Posts

Kathrein Privatbank: Innovating Private Banking with Digitalisation, Sustainable Investing, and Regional Expansion

For over a century, Kathrein Privatbank has remained a benchmark for private banking excellence in…

2 days ago

La Trobe Financial: Unpacking the Rise of Private Markets and Private Credit

Private markets—particularly private credit—have experienced a marked surge in investor interest in recent years. Though…

5 days ago

Young Guns: How Business Prodigies are Rewriting the Rules of Success

Forget grey hairs and decades of experience. A new generation of entrepreneurs is proving that…

1 week ago

Dough-ing a 180: How Domino’s Pizza Reclaimed Its Slice of the Pie

Once dismissed as the punchline of the fast-food industry, Domino’s Pizza has since orchestrated one…

2 weeks ago

Best Buy’s Blue-Shirt Renaissance: How It Fought Back Against Amazon

Once teetering on the brink of collapse in the face of Amazon’s relentless rise, Best…

2 weeks ago

Driving Through the Storm: How Ford Avoided a Bailout and Steered Towards the Future

The 2008 financial crisis brought the American auto industry to the brink of collapse. While…

3 weeks ago