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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15405 |
DP15405 Populist Leaders and the Economy | |
Manuel Funke; Moritz Schularick; Christoph Trebesch | |
发表日期 | 2020-10-23 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Populism at the country level is at an all-time high, with more than 25% of nations currently governed by populists. How do economies perform under populist leaders? We build a new cross-country database identifying 50 populist presidents and prime ministers 1900-2018. We find that the economic cost of populism is high. After 15 years, GDP per capita is more than 10% lower compared to a plausible non-populist counterfactual. Rising economic nationalism and protectionism, unsustainable macroeconomic policies, and institutional decay under populist rule do lasting damage to the economy. |
主题 | Economic History ; International Macroeconomics and Finance ; International Trade and Regional Economics ; Macroeconomics and Growth ; Monetary Economics and Fluctuations ; Public Economics |
关键词 | Populism Protectionism Institutions |
URL | https://cepr.org/publications/dp15405 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544391 |
推荐引用方式 GB/T 7714 | Manuel Funke,Moritz Schularick,Christoph Trebesch. DP15405 Populist Leaders and the Economy. 2020. |
条目包含的文件 | 条目无相关文件。 |
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