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Populist Leaders And The Economy
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Book Synopsis The Populist Temptation by : Barry J. Eichengreen
Download or read book The Populist Temptation written by Barry J. Eichengreen and published by Oxford University Press. This book was released on 2018 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Populism, a political movement with anti-elite, authoritarian and nativist tendencies, typically spearheaded by a charismatic leader, is an old phenomenon but also a very new and disturbing one at that. The Populist Temptation is an effort to understand the wellsprings of populist movements and why the threat they pose to mainstream political parties and pluralistic democracy has been more successfully contained in some cases than others"--
Book Synopsis Populist Leaders and the Economy by : Manuel Funke
Download or read book Populist Leaders and the Economy written by Manuel Funke and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Populism at the country level is at an all-time high, with more than 25% of nations currently governed by populists. How do economies perform under populist leaders? We build a new cross-country database identifying 50 populist presidents and prime ministers 1900-2018. We find that the economic cost of populism is high. After 15 years, GDP per capita is more than 10% lower compared to a plausible non-populist counterfactual. Rising economic nationalism and protectionism, unsustainable macroeconomic policies, and institutional decay under populist rule do lasting damage to the economy.
Book Synopsis Populism: A Very Short Introduction by : Cas Mudde
Download or read book Populism: A Very Short Introduction written by Cas Mudde and published by Oxford University Press. This book was released on 2017-01-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populism is a central concept in the current media debates about politics and elections. However, like most political buzzwords, the term often floats from one meaning to another, and both social scientists and journalists use it to denote diverse phenomena. What is populism really? Who are the populist leaders? And what is the relationship between populism and democracy? This book answers these questions in a simple and persuasive way, offering a swift guide to populism in theory and practice. Cas Mudde and Cristóbal Rovira Kaltwasser present populism as an ideology that divides society into two antagonistic camps, the "pure people" versus the "corrupt elite," and that privileges the general will of the people above all else. They illustrate the practical power of this ideology through a survey of representative populist movements of the modern era: European right-wing parties, left-wing presidents in Latin America, and the Tea Party movement in the United States. The authors delve into the ambivalent personalities of charismatic populist leaders such as Juan Domingo Péron, H. Ross Perot, Jean-Marie le Pen, Silvio Berlusconi, and Hugo Chávez. If the strong male leader embodies the mainstream form of populism, many resolute women, such as Eva Péron, Pauline Hanson, and Sarah Palin, have also succeeded in building a populist status, often by exploiting gendered notions of society. Although populism is ultimately part of democracy, populist movements constitute an increasing challenge to democratic politics. Comparing political trends across different countries, this compelling book debates what the long-term consequences of this challenge could be, as it turns the spotlight on the bewildering effect of populism on today's political and social life.
Book Synopsis Economic Policies of Populist Leaders by : István Benczes
Download or read book Economic Policies of Populist Leaders written by István Benczes and published by Taylor & Francis. This book was released on 2023-12-05 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a comparative analysis of Central and Eastern European economies, this book explores the economic impacts of populism in those countries in the region which have seen some form of populist rule. Populism has been thriving in the new member states of the EU ever since the outburst of the global financial and economic crisis, but unlike the cases of Latin America, Brexit or the Trump administration, the emphasis has not been on trade protectionism or unsustainable macroeconomic policies in these countries. This book demonstrates that studying macroeconomic variables such as fiscal balance or current account positions cannot tell the whole story of the economic consequences of populism. Instead, a more nuanced scrutiny of who gets what under populist rule is required. Adopting the ideational definition of populism, the volume shows that Central and Eastern European populists have heavily reshaped redistributive policies; yet, they have not neglected the budget constraint of the general government. Instead, there has been a tendency to disregard the institutional constraints of decision-making in the economy and, in turn, to redefine the regulatory framework and property rights structure of the respective economies. This innovative edited volume will be of interest to readers in political economy and political science who wish to better understand the impacts of populism.
Book Synopsis Reclaiming Populism by : Eric Protzer
Download or read book Reclaiming Populism written by Eric Protzer and published by Polity. This book was released on 2022-01-04 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of populism is usually attributed by commentators to either income inequality or culture wars. We are witnessing, they argue, either the displaced anger of the 99% or the revenge of the ‘deplorables’ against the ‘liberal elite’. They are wrong. In this forensic book, Eric Protzer and Paul Summerville argue that populism is actually a response to a profound sense that many of the world’s leading economies are unfair. They show that in meritocratic countries, such as Australia, Canada, Portugal, and Japan, populism has not taken root. In contrast, the countries that have been hit by the worst populist upheavals - like the US, UK, France, and Italy – have low social mobility. The way to address populism is to restore the connection between contribution and reward and craft a politics that reclaims the reasonable grievances that drive populism while discarding its false diagnoses and toxic ‘solutions’. Reclaiming Populism is a must-read for policy-makers, scholars and citizens who want to understand the crises of our age and bring disenchanted populist voters back into the fold of liberal democracy.
Book Synopsis A recipe for disaster? Policy similarities and economic impacts of populist leaders by : Andre Frank
Download or read book A recipe for disaster? Policy similarities and economic impacts of populist leaders written by Andre Frank and published by Andre Frank. This book was released on 2022-04-10 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populism has seen a global resurgence since the 1980s. Populists rise in times of crises through promises of economic prosperity. But do they keep their word? Existing data on populist leaders is expanded to cover a period of 120 years of global populism. The empirical analysis estimates significant negative performance gaps of populist rule with real GDP per capita growth being over 20 percentage points lower 15 years after populist takeover, compared to that of non-populist counterfactuals. There exists evidence that unsustainable macroeconomic policies like increased military expenditure, born out of a demand for security policies, act as a channel that damage the economy lastingly.
Book Synopsis The Political Economy of Populism by : Petar Stankov
Download or read book The Political Economy of Populism written by Petar Stankov and published by Routledge. This book was released on 2020-07-21 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Populism explores the interplay between identity, the economy and inequality to explain the dynamics of populist votes since the beginning of the 20th century. The book discusses the political and economic implications of populist governance using data on populist incumbencies and linking it to historical data on the macro economy and democracy. Chapters draw from the most recent political science, economics and other social science literature, as well as historical data, to explain the long-term causes and consequences of populism. Populism emerges and gains traction when political entrepreneurs exploit underlying identity conflicts for political gains. As the distributional consequences of both economic distress and economic growth typically favor the elite over the poor and the lower middle class, economic shocks usually sharpen the underlying identity conflicts between the groups. The book provides evidence of significant differences in the ways fiscal and monetary policies are conducted by incumbent populists in Latin America, Europe and the OECD. The work concludes by suggesting avenues through which a 21st century social consensus can be built, so that our society can avoid repeating the mistakes that led to wars and failed economic experiments in the 20th century. The Political Economy of Populism marks a significant contribution to the study of populism and is suited to students and scholars across the social sciences, including economics, political science and sociology.
Book Synopsis Cultural Backlash and the Rise of Populism by : Pippa Norris
Download or read book Cultural Backlash and the Rise of Populism written by Pippa Norris and published by Cambridge University Press. This book was released on 2019-02-14 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new theoretical analysis of the rise of Donald Trump, Marine le Pen, Nigel Farage, Geert Wilders, Silvio Berlusconi, and Viktor Orbán.
Book Synopsis Populism and Civil Society by : Mr.Tito Boeri
Download or read book Populism and Civil Society written by Mr.Tito Boeri and published by International Monetary Fund. This book was released on 2018-11-16 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populists claim to be the only legitimate representative of the people. Does it mean that there is no space for civil society? The issue is important because since Tocqueville (1835), associations and civil society have been recognized as a key factor in a healthy liberal democracy. We ask two questions: 1) do individuals who are members of civil associations vote less for populist parties? 2)does membership in associations decrease when populist parties are in power? We answer thesequestions looking at the experiences of Europe, which has a rich civil society tradition, as well as of Latin America, which already has a long history of populists in power. The main findings are that individuals belonging to associations are less likely by 2.4 to 4.2 percent to vote for populist parties, which is large considering that the average vote share for populist parties is from 10 to 15 percent. The effect is strong particularly after the global financial crisis, with the important caveat that membership in trade unions has unclear effects.
Book Synopsis Reclaiming Populism by : Eric Protzer
Download or read book Reclaiming Populism written by Eric Protzer and published by John Wiley & Sons. This book was released on 2021-10-18 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populist upheavals like Trump, Brexit, and the Gilets Jaunes happen when the system really is rigged. Citizens the world over are angry not due to income inequality or immigration, but economic unfairness: that opportunity is not equal and reward is not according to contribution. This forensic book draws on original research, cited by the UN and IMF, to demonstrate that illiberal populism strikes hardest when success is influenced by family origins rather than talent and effort. Protzer and Summerville propose a framework of policy inputs that instead support high social mobility, and apply it to diagnose the differing reasons behind economic unfairness in the US, UK, Italy, and France. By striving for a fair, socially-mobile economy, they argue, it is possible to craft a politics that reclaims the reasonable grievances behind populism. Reclaiming Populism is a must-read for policymakers, scholars, and citizens who want to bring disenchanted populist voters back into the fold of liberal democracy.
Book Synopsis Populism and the Politicization of the COVID-19 Crisis in Europe by : Giuliano Bobba
Download or read book Populism and the Politicization of the COVID-19 Crisis in Europe written by Giuliano Bobba and published by Springer Nature. This book was released on 2021-03-01 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book provides a first overview of how populist parties responded to the COVID-19 pandemic crisis in Europe. Although populism would normally benefit from crisis situations (e.g., political representation or economic crises), the peculiar nature of this health crisis does not make the benefit obvious. For it to be exploited, a crisis must be politicized. While populists have tried to take advantage of the crisis situation, the impossibility of taking ownership of the COVID-19 issue has made the crisis hard to be exploited. In particular, populists in power have tried to depoliticize the pandemic, whereas radical right-populists in opposition tried to politicize the crisis, though failing to gain the relevant public support. This book considers populist parties in eight European democracies, providing a framework of analysis for their responses to the COVID-19 crisis. It does so by engaging with the literature on crisis and populism from a theoretical perspective and through the lens of the politicization process.
Book Synopsis The Palgrave Handbook of Populism by : Michael Oswald
Download or read book The Palgrave Handbook of Populism written by Michael Oswald and published by Springer Nature. This book was released on 2021-11-15 with total page 693 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook assesses the phenomenon of populism—a concept frequently belabored, but often misunderstood in politics. Rising populism presents one of the great challenges for liberal democracies, but despite the large body of research, the larger picture remains elusive. This volume seeks to understand the causes and workings of modern-day populism, and plumb the depths of the fears and frustrations of people who have forsaken established parties. Although the main focus of this volume is political science, there are more disciplines represented in order to get a whole picture of the debate. It is comprised of strong empirical and theoretical papers that also bear social relevance.
Book Synopsis Strongmen Saviours by : Deepanshu Mohan
Download or read book Strongmen Saviours written by Deepanshu Mohan and published by Taylor & Francis. This book was released on 2022-09-30 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an introduction to right-wing populist movements outside the West, looking at four key case studies, their commonalities and differences. Populism has been on the rise worldwide since the global financial crisis of 2008, with few countries left entirely untouched by the phenomenon. At the same time, the specific circumstances of different countries vary considerably; and it is important that in seeking to understand these movements, we do not assume they are all the same – albeit that they have some characteristics in common. This book takes the case studies of India, Turkey, Russia and Brazil in turn, examining how they have each taken quite distinct journeys to similar destinations. It offers both a better understanding of each country’s slide towards ‘strongman’ authoritarianism and an analysis of the common elements shared between them. This book is an essential introduction to the rise of populism outside the West for students of international political economy and comparative politics.
Book Synopsis Populism and Corruption by : Jonathan Mendilow
Download or read book Populism and Corruption written by Jonathan Mendilow and published by Edward Elgar Publishing. This book was released on 2021-06-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book offers an in-depth analysis of the intersection between populism and corruption, addressing phenomena that have been, so far, largely treated separately. Bringing together two dynamic and well-established fields of study, it proposes a theoretical framework for the study of populism and corruption in order to update our understanding of specific forms of each in a variety of socio-political settings.
Book Synopsis The Populist Temptation by : Barry Eichengreen
Download or read book The Populist Temptation written by Barry Eichengreen and published by Oxford University Press. This book was released on 2018-05-03 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populism of the right and left has spread like wildfire throughout the world. The impulse reached its apogee in the United States with the election of Trump, but it was a force in Europe ever since the Great Recession sent the European economy into a prolonged tailspin. In the simplest terms, populism is a political ideology that vilifies economic and political elites and instead lionizes 'the people.' The people, populists of all stripes contend, need to retake power from the unaccountable elites who have left them powerless. And typically, populists' distrust of elites shades into a catchall distrust of trained experts because of their perceived distance from and contempt for 'the people.' Another signature element of populist movements is faith in a savior who can not only speak directly to the people, but also serve as a vessel for the plain people's hopes and dreams. Going back to the 1890s, a series of such saviors have come and gone in the US alone, from William Jennings Bryan to Huey Long to--finally--Donald Trump. In The Populist Temptation, the eminent economic historian Barry Eichengreen focuses on the global resurgence of populism today and places it in a deep context. Alternating between the present and earlier populist waves from modern history, he argues that populists tend to thrive most in the wake of economic downturns, when it is easy to convince the masses of elite malfeasance. Yet while there is more than a grain of truth that bankers, financiers, and 'bought' politicians are responsible for the mess, populists' own solutions tend to be simplistic and economically counterproductive. Moreover, by arguing that the ordinary people are at the mercy of extra-national forces beyond their control--international capital, immigrants, cosmopolitan globalists--populists often degenerate into demagoguery and xenophobia. There is no one solution to addressing the concerns that populists raise, but Eichengreen argues that there is an obvious place to start: shoring up and improving the welfare state so that it is better able to act as a buffer for those who suffer most during economic slumps. For example, America's patchwork welfare state was not well equipped to deal with the economic fallout that attended globalization and the decline of manufacturing in America, and that played no small part in Trump's victory. Lucidly explaining both the appeals and dangers of populism across history, this book is essential reading for anyone seeking to understand not just the populist phenomenon, but more generally the lasting political fallout that follows in the wake of major economic crises.
Book Synopsis Populist Parties in Europe by : Stijn van Kessel
Download or read book Populist Parties in Europe written by Stijn van Kessel and published by Springer. This book was released on 2015-02-17 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populism is a concept that is currently in vogue among political commentators and, more often than not, used pejoratively. The phenomenon of populism is typically seen as something adverse and, in the European context routinely related to xenophobic politics. What populism exactly is and who its main representatives are, however, often remains unclear. This text has two main aims: to identify populist parties in 21st century Europe and to explain their electoral performance. It argues that populist parties should not be dismissed as dangerous pariahs out of hand but rather that their rise tells us something about the state of representative democracy. The study has a broad scope, including populist parties of various ideological kinds – thus moving beyond examples of the ‘right’ – and covering long-established Western European countries as well as post-communist countries in Central and Eastern Europe. It presents the results of an innovative mixed-methods research project, combining a fuzzy set Qualitative Comparative Analysis (fsQCA) of populist parties in 31 European countries with three in-depth case studies of the Netherlands, Poland and the United Kingdom.
Book Synopsis The Macroeconomics of Populism in Latin America by : Rudiger Dornbusch
Download or read book The Macroeconomics of Populism in Latin America written by Rudiger Dornbusch and published by University of Chicago Press. This book was released on 2007-12-01 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.
