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The Political Economy of Populism - An Introduction (Hardcover)
Loot Price: R1,519
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The Political Economy of Populism - An Introduction (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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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. The book
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. Chapters draw
from the most recent political science, economics and other social
science literature, as well as historical data, to explain the
long-term causes and consequences of populism. Populism emerges and
gains traction when political entrepreneurs exploit underlying
identity conflicts for political gains. As the distributional
consequences of both economic distress and economic growth
typically favor the elite over the poor and the lower middle class,
economic shocks usually sharpen the underlying identity conflicts
between the groups. The book provides evidence of significant
differences in the ways fiscal and monetary policies are conducted
by incumbent populists in Latin America, Europe and the OECD. The
work concludes by suggesting avenues through which a 21st century
social consensus can be built, so that our society can avoid
repeating the mistakes that led to wars and failed economic
experiments in the 20th century. The Political Economy of Populism
marks a significant contribution to the study of populism and is
suited to students and scholars across the social sciences,
including economics, political science and sociology.
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