Populism and the Economics of Globalization

Dani Rodrik

No 23559, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have been predictable, the specific form it took was less so. I distinguish between left-wing and right-wing variants of populism, which differ with respect to the societal cleavages that populist politicians highlight. The first has been predominant in Latin America, and the second in Europe. I argue that these different reactions are related to the relative salience of different types of globalization shocks.

JEL-codes: F02 (search for similar items in EconPapers)
Date: 2017-06
New Economics Papers: this item is included in nep-hpe, nep-int and nep-pke
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Published as Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, vol 1(1-2), pages 12-33.

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Journal Article: Populism and the economics of globalization (2018)
Working Paper: Populism and the Economics of Globalization (2017)
Working Paper: Populism and the Economics of Globalization (2017)
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