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

Heat Pumps That Pay: How Industrial Process Heat Is Becoming a Cost-Saving Asset

Table of contents Why industrial heat is now a balance-sheet issue 1) The commercial frontier:…

3 days ago

Otaviano Canuto: The US Economic ‘K’

Global GDP growth has proven resilient in 2025, despite the shocks caused by the trade policies…

5 days ago

Trump Targets Wall Street Landlords, Putting Private-Equity Underwriting on Notice

A proposal to bar large institutional investors from buying single-family homes has jolted real-estate equities…

1 week ago

The Venezuela Trade: Markets Move Faster Than Politics

The overnight capture of Nicolás Maduro has jolted geopolitics — and, almost immediately, reset the…

2 weeks ago

Rolex vs Watch Flippers: How Certified Pre-Owned Became a Weapon of Pricing Power

Rolex has finally confronted the watch flipper economy — not by flooding the market or…

2 weeks ago

The Cost Curve That Is Squeezing Coal and Gas

By the end of 2025, the energy transition’s most persistent objection — that renewables cannot…

3 weeks ago