
Thai prime minister overthrown in a coup.
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Chatichai's government pursued pro-business policies, deregulation, and foreign investment, fueling rapid economic growth. Thailand experienced a boom in real estate, manufacturing, and exports, but also saw rising corruption and asset bubbles.
Chatichai Choonhavan became Prime Minister of Thailand after his Chart Thai Party won the general election. He was the first elected prime minister in over a decade, marking a return to civilian rule after years of military dominance.
General Suchinda Kraprayoon led a bloodless coup against Chatichai's government, citing corruption and political instability. Chatichai was arrested briefly, and the coup ended civilian rule, leading to a military junta.
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