The economic analysis of populism a selective review of the literature

Arbeitspapier

Although the application of the conceptual and analytical framework of economics to the study of populism is still in its infancy, great advances have been made in recent years. This paper reviews some key contributions behind this progress. When analyzing populism, economists face two methodological hurdles: lack of consensus and clarity about its definition and reconciling the populist vote with voter rationality. The former has plagued sociologists and political scientists for decades. As to the latter, it raises a conundrum: if populist policies are detrimental to economic growth, as most economists agree, the vote for a populist candidate suggests some irrationality or inefficiency in the political markets. The works reviewed in this paper propose alternative approaches to address both issues. The most promising line of research in the economic analysis of populism draws concepts from other social sciences such political theory, sociology, history and social psychology.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Serie Documentos de Trabajo ; No. 694

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Positive Analysis of Policy Formulation and Implementation ; Search; Learning; Information and Knowledge; Communication; Belief; Unawareness ; Other Economic Systems: Performance and Prospects ; Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
• Thema: Populism ; political economy ; voter behavior ; rationality ; democracy

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ocampo, Emilio
• Ereignis: Veröffentlichung
• (wer): Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
• (wo): Buenos Aires
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/203834
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ