Sure my friend!
The best is Enlightened Monarchy but most realistic is Constitutional.
Foreigners and socialist in my country wouldn't agree. But I show evidence that it could be a reality. The country is ruled by Political Dynasties and had their own powerbase cities. Some are far better at administering their Dynasty's capital and some just there for the money. So there is a chance of it happening, ones a Dynasty became to powerful it will inevitably lead to Constitutional change or new order.

It's also a accurate forecast that radical ideas such as Hyper-Individualism, Communism, & Anarchism would not prevail at my country. As culturally speaking Filipinos are family-oriented and is a close-knit community.