G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15405
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
URLhttps://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.
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