Policies Of The Thaksin Government
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Policies Of The Thaksin Government
Thaksin Shinawatra was the 23rd prime minister of Thailand. As prime minister, Thaksin Shinawatra initiated many policies affecting the economy, public health, education, energy, drugs and international relations. He gained two landslide re-election victories.Protesters Jam Bangkok, but Rural Thais Love the Leader. ''The New York Times'', 6 March 2006 Thaksin's policies were effective at reducing rural poverty and at providing affordable health coverage to the people. Because of this, his main support base has been the rural poor. His cabinet was packed with academics, former student leaders, and former leaders of the Palang Dharma Party, including Prommin Lertsuridej, Chaturon Chaisang, Prapat Panyachatraksa, Surapong Suebwonglee, Somkid Jatusripitak, Surakiart Sathirathai, and Sudarat Keyuraphan. Traditional leaders of regional coalitions also became members of his cabinet. His government has been frequently charged with dictatorship, demagogy, corruption, conflicts of i ...
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Bhumibol Adulyadej
Bhumibol Adulyadej ( th, ภูมิพลอดุลยเดช; ; ; (Sanskrit: ''bhūmi·bala atulya·teja'' - "might of the land, unparalleled brilliance"); 5 December 192713 October 2016), conferred with the title King Bhumibol the Great in 1987 (officially conferred by King Vajiralongkorn in 2019), was the ninth monarch of Thailand from the Chakri dynasty, titled Rama IX. Reigning since 9 June 1946, he was the world's longest-reigning current head of state from the death of Emperor Hirohito of Japan in 1989 until his own death in 2016, and is the third-longest verified reigning sovereign monarch in world history after King Louis XIV and Queen Elizabeth II, reigning for 70 years and 126 days. During his reign, he was served by a total of 30 prime ministers beginning with Pridi Banomyong and ending with Prayut Chan-o-cha. ''Forbes'' estimated Bhumibol's fortune – including property and investments managed by the Crown Property Bureau, a body that is neither private n ...
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Prapat Panyachatraksa
Prapat Panyachatraksa was a student demonstrator during the violent 1973 democracy movement during which he confronted an M-60 armed soldier armed with just a piece of wood, for which he was popularly nicknamed "Ai Karn Yao" (after the hero in the movie Walking Tall). Later, as executive of the Thai Rak Thai party, he was appointed Minister of Agriculture and Agricultural Cooperatives and Minister of Natural Resources and the Environment. While a Cabinet minister, he was investigated by the National Anti-Corruption Commission for abusing state power. He was alleged to have illegally acquired a plot of land reserved for the poor. He defended himself by claiming that he legally acquired the land 20 years before he had entered politics. The NCCC ruled that although the acquisition of the land was illegal, the offence had taken place before he became a Cabinet minister. He later defected to the Chart Thai Thai Nation Party, or Chart Thai Party ( th, พรรคชาติ ...
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1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ...
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Thaksinomics
Thaksinomics (a portmanteau of "Thaksin" and "economics") is a term used to refer to the economic set of policies of Thaksin Shinawatra, Prime Minister of Thailand from 2001 to 2006. There has been considerable controversy over the role Thaksinomics has played in Thailand's recovery from the 1997 Asian financial crisis. Among the most prominent advocates of Thaksin's economic policies is Morgan Stanley economist Daniel Lian. The term was coined by President Gloria Macapagal Arroyo of the Philippines during the 2003 Nikkei in which she explained how she conducted her economic policy by following Thaksin's "domestic consumption-based (and) managed asset reflation".newsweek.combr>The Economics of Thailand's Thaksin is Catching OnGeorge Wehrfritz 8/22/08 Overview Thaksinomics is a populist set of economic policies aimed at Thailand's rural people, who make up the majority of the country's population. The policies of Thaksinomics have included: *A four-year debt moratorium for fa ...
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One Tambon One Product
One Tambon One Product (OTOP) is a local entrepreneurship stimulus program designed by Thailand's former Prime Minister Thaksin Shinawatra during his 2001-2006 Thai Rak Thai government. The program aimed to support locally made and marketed products of each of Thailand's 7,255 tambons (sub-district). Drawing its inspiration from Japan's successful One Village One Product (OVOP) program, the OTOP program encourages village communities to improve the quality and marketing of local products, selecting one superior product from each tambon to receive formal branding as its "starred OTOP product". It provides both a local and national stage to the promote these products. OTOP includes a large array of local products, including traditional handicrafts, cotton and silk garments, pottery, fashion accessories, household items, and foods. After a military junta overthrew Thaksin's government in 2006 following an election cancelled for irregularities, the OTOP program was cancelled. However, ...
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Microcredit
:''This article is specific to small loans, often provided in a pooled manner. For direct payments to individuals for specific projects, see Micropatronage. For financial services to the poor, see Microfinance. For small payments, see Micropayment.'' Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent. Microcredit is part of microfinance, which provides a wider range of financial services, especially savings accounts, to the poor. Modern microcredit is generally considered to have originated with the Grameen Bank founded in Ba ...
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Thailand Political Crisis 2005-2006
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the extremity of Myanmar. Thailand also shares maritime borders with Vietnam to the southeast, and Indonesia and India to the southwest. Bangkok is the nation's capital and largest city. Tai peoples migrated from southwestern China to mainland Southeast Asia from the 11th century. Indianised kingdoms such as the Mon, Khmer Empire and Malay states ruled the region, competing with Thai states such as the Kingdoms of Ngoenyang, Sukhothai, Lan Na and Ayutthaya, which also rivalled each other. European contact began in 1511 with a Portuguese diplomatic mission to Ayutthaya, whi ...
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Finland Plot
In Thai politics, the Finland Plot, Finland Plan, Finland Strategy, Finland Conspiracy or Finland Declaration ( th, แผนฟินแลนด์, ยุทธศาสตร์ฟินแลนด์, ปฏิญญาฟินแลนด์, fi, Suomi-salaliitto, Suomi-suunnitelma, Suomi-strategia) are names of a controversial conspiracy theory espoused by Sondhi Limthongkul and supporters affiliated with the People's Alliance for Democracy (PAD) in 2006 describing a plot allegedly developed by Thai Prime Minister Thaksin Shinawatra and former left-wing student leaders to overthrow the former Thai monarch, take control of the nation, and establish a communist state. The plot allegedly originated in Finland. The allegations damaged the popularity of Thaksin and his government, despite the fact that no evidence was ever produced to verify the existence of a plot. Thaksin and his Thai Rak Thai (TRT) party vehemently denied the accusations and sued the accusers. The lead ...
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Censorship In Thailand
Censorship in Thailand involves the strict control of political news under successive governments, including by harassment and manipulation. Freedom of speech was guaranteed in 1997"The Thai Constitution of 1997 and its Implication on Criminal Justice Reform"
Kittipong Kittayarak, ''120th International Senior Seminar'', Resource Material Series No. 60, United Nations Asia and Far East Institute (UNAFEI). Retrieved 23 August 2012
and those guarantees continue in .
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Conflicts Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ...
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Demagogy
A demagogue (from Greek , a popular leader, a leader of a mob, from , people, populace, the commons + leading, leader) or rabble-rouser is a political leader in a democracy who gains popularity by arousing the common people against elites, especially through oratory that whips up the passions of crowds, appealing to emotion by scapegoating out-groups, exaggerating dangers to stoke fears, lying for emotional effect, or other rhetoric that tends to drown out reasoned deliberation and encourage fanatical popularity. Demagogues overturn established norms of political conduct, or promise or threaten to do so. Historian Reinhard Luthin defined ''demagogue'' as "...a politician skilled in oratory, flattery and invective; evasive in discussing vital issues; promising everything to everybody; appealing to the passions rather than the reason of the public; and arousing racial, religious, and class prejudices – a man whose lust for power without recourse to principle leads him to see ...
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