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2022-06-03
出版年2022
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 long-run cross-country database to study the macroeconomic history of populism. We identify 51 populist presidents and prime ministers from 1900 to 2020 and show that the economic cost of populism is high. After 15 years, GDP per capita is 10% lower compared to a plausible non-populist counterfactual. Economic disintegration, decreasing macroeconomic stability, and the erosion of institutions typically go hand in hand with populist rule.
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/dp15405-1
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/546401
推荐引用方式
GB/T 7714
Manuel Funke,Moritz Schularick,Christoph Trebesch. DP15405 Populist Leaders and the Economy. 2022.
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