INTRODUCTION: POPULISM IN QUESTION

Sayantan Ghosal and Adrian Pabst

National Institute Economic Review, 2022, vol. 259, 7-9

Abstract: Much of the media coverage in relation to populism has focused either on populist moments like the Brexit vote or on populist leaders such as Donald Trump or Boris Johnson. Meanwhile, the academic literature on populism is divided between two broad approaches. First, an emphasis in economics on policy (e.g. Dornbusch and Edwards, 1992) and, second, an accentuation in political science on ideology (e.g. Mudde and Rovira Kaltwasser, 2017). Both approaches capture important aspects, including the rejection of orthodox monetary and fiscal policy positions and a repudiation not only of established elites but also of pluralism and some of the key institutions on which the rule of law and democracy depend.

Date: 2022
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