The Political Economy of Populism: An Introduction

The Political Economy of Populism explores the interplay between identity, the economy, and inequality to explain the dynamics of populist votes since the beginning of the 20th century. It discusses the political and economic implications of populist governance using data on populist incumbencies and linking it to historical data on the macro economy and democracy. The book suggests avenues through which a 21st-century social consensus can be built to avoid repeating the mistakes that led to wars and failed economic experiments in the 20th century.

Format: Paperback / softback
Length: 108 pages
Publication date: 29 April 2022
Publisher: Taylor & Francis Ltd

The Political Economy of Populism delves into the intricate interplay between identity, economics, and inequality, shedding light on the dynamics of populist votes since the dawn of the 20th century. This comprehensive book explores the political and economic implications of populist governance, drawing upon data on populist incumbencies and connecting it to historical data on the macro economy and democracy. Through a series of chapters, the book seeks to unravel the long-term causes and consequences of populism, drawing from the most recent political science, economics, and other social science literature, as well as historical data.

Populism emerges and gains traction when political entrepreneurs exploit underlying identity conflicts for political gains. As economic distress and growth often favor the elite over the poor and lower middle class, economic shocks exacerbate the existing identity tensions between these groups. The book provides compelling evidence of significant variations in the fiscal and monetary policies implemented by incumbent populists across Latin America, Europe, and the OECD.

In conclusion, The Political Economy of Populism offers valuable insights into the complex dynamics of populism, providing a comprehensive framework for understanding its origins, consequences, and potential solutions. This book is a must-read for students and scholars across the social sciences, as it contributes to our understanding of the challenges and opportunities facing contemporary societies.

Weight: 199g
Dimension: 216 x 138 (mm)
ISBN-13: 9780367565060