The New Aspiration Party (Phak Khwam Wang Mai ) was a political party

Political party

A political party is a political organization that typically seeks to influence government policy, usually by nominating their own candidates and trying to seat them in political office. Parties participate in electoral campaigns, educational outreach or protest actions...

 in Thailand

Thailand

Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

. In the legislative elections, on February 6, 2005, the party won 0.4 % of the popular vote and no seats in the House of Representatives

House of Representatives of Thailand

The House of Representatives of the Kingdom of Thailand is the lower house of the National Assembly of Thailand, the legislative branch of the Thai Government. The system of government of Thailand is that of a Constitutional Monarchy and a Parliamentary Democracy. The system of the Thai...

.

The party was established in 1990 by General Chavalit Yongchaiyudh

Chavalit Yongchaiyudh

General Chavalit Yongchaiyudh is a Thai politician and retired general. He was Thailand's 22nd Prime Minister from 1996 to 1997. He is of Sino-Thai and ethnic Lao descent....

 after his retirement as Commander-In-Chief of the Royal Thai Army. This party won the elections of 1996 and formed a coalition government with Chavalit as Prime Minister. The onset of the Asian Financial Crisis in 1997 diminished the electorate's confidence in the government, and Chavalit was forced to resign. Discredited as a result of the economic crisis, Chavalit formed a coalition with the populist

Populism

Populism can be defined as an ideology, political philosophy, or type of discourse. Generally, a common theme compares "the people" against "the elite", and urges social and political system changes. It can also be defined as a rhetorical style employed by members of various political or social...

 Thai Rak Thai

Thai Rak Thai

The Thai Rak Thai Party was a Thai political party that was officially banned on May 30, 2007, by the Constitutional Court of Thailand due to violations of electoral laws during the 2006 legislative elections. From 2001 to 2006, it was the ruling party under Prime Minister and its founder Thaksin...

 Party led by Thaksin Shinawatra

Thaksin Shinawatra

Thaksin Shinawatra is a Thai businessman and politician, who was Prime Minister of Thailand from 2001 to 2006, when he was overthrown in a military coup....

 to take part in the 2001 elections

Thailand legislative election, 2001

General elections were held in Thailand on January 6, 2001. 500 seats in the House of Representatives were at stake...

. Shortly after the election, the New Aspiration Party merged with Thai Rak Thai

Thai Rak Thai

The Thai Rak Thai Party was a Thai political party that was officially banned on May 30, 2007, by the Constitutional Court of Thailand due to violations of electoral laws during the 2006 legislative elections. From 2001 to 2006, it was the ruling party under Prime Minister and its founder Thaksin...

and Chavalit became the Deputy Prime Minister in Thaksin's cabinet.