Populist Leaders and Economic Decline

Manuel Funke (), Moritz Schularick () and Christoph Trebesch ()
Additional contact information
Manuel Funke: Kiel Institute for the World Economy - Kiel Institute for the World Economy
Moritz Schularick: ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, Kiel Institute for the World Economy - Kiel Institute for the World Economy
Christoph Trebesch: Kiel Institute for the World Economy - Kiel Institute for the World Economy

Sciences Po Economics Publications (main) from HAL

Abstract: Most work on populism has investigated the reasons why voters choose populist leaders and governments. In our new research (Funke et al., 2023), we study the economic and political costs of populism and find that it leads to slower economic growth, undermines democratic institutions, and can leave a country more vulnerable to future populist governments. The rise of populism in the past two decades has motivated much work on the determinants of populist voting (see the review by Guriev and Papaioannou, 2020, or Guiso et al., 2017, and Rodrik, 2017). In contrast, we still have limited knowledge of the economic and political consequences of populism. How does the economy perform after populists come to power? Is populism a threat to liberal democracy or not? These questions have not been sufficiently addressed. Moreover, most existing analyses focus on individual countries or data just from the past 20 or 30 years. What is missing is a bigger picture and a global, long-run perspective.

Date: 2024-05-24
References: Add references at CitEc
Citations:

Published in Markus Gabriel; Anna Katsman; Thomas Liess; William Milberg. Beyond Neoliberalism and Neo-illiberalism, 1 (1), transcript Verlag, pp.113-124, 2024, THE NEW, 978-3837674873. ⟨10.14361/9783839474877⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:spmain:hal-05449041

DOI: 10.14361/9783839474877

Access Statistics for this paper

More papers in Sciences Po Economics Publications (main) from HAL
Bibliographic data for series maintained by Contact - Sciences Po Department of Economics ().