Chapter 3: From the Global Financial Crisis to the Covid-19 Pandemic: The Rise of Populism

Torben M. Andersen, Giuseppe Bertola, Clemens Fuest, Cecilia Garcia-Penalosa, Harold James and Jan-Egbert Sturm

EEAG Report on the European Economy, 2022, 44-58

Abstract: Chapter 3 explores the period between the Global Financial Crisis and the Covid-19 pandemic, which was mainly characterized by a new rise of populism. The chapter outlines what was perceived as the downside of the economic effects of market liberalization – increased inequality and instability – and how these were associated with the rise of populism.

Date: 2022
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