The institutional impact of left-leaning populism in Latin America

Nicolas Cachanosky, João Pedro Bastos, Alexandre Padilla and Karla C. Hernández

European Journal of Political Economy, 2025, vol. 86, issue C

Abstract: We study the institutional impact 21st-century left-leaning populist regimes have in Latin America. Looking at the iconic left-leaning populist regimes in Argentina, Bolivia, Ecuador, Nicaragua, and Venezuela, we find that these types of populist regimes impose a significant deterioration on the liberal-democracy institutional quality of their countries. The institutional cost is significant and long-lasting, and our synthetic counterfactual suggests that liberal democratic institutions would have improved if not for these populist regimes.

Keywords: Populism; Institutions; Latin America; Synthetic control method (search for similar items in EconPapers)
JEL-codes: O54 P40 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:86:y:2025:i:c:s0176268024001319

DOI: 10.1016/j.ejpoleco.2024.102629

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