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Chapter 2: Economic Policy and the Rise of Populism – It’s Not So Simple

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Listed:
  • Torben M. Andersen
  • Giuseppe Bertola
  • John Driffill
  • Clemens Fuest
  • Harold James
  • Jan-Egbert Sturm
  • Branko Uroševic

Abstract

A rising tide of populism has swept across Europe and North America in recent years, culminating in the UK’s vote to leave the EU and the election of Donald Trump as US President. Immigration, globalisation and international trade, as well as European integration are all frequent targets of populist critique. This chapter examines the pitfalls of populism and presents a set of responses that may potentially limit its harmful effects.

Suggested Citation

  • Torben M. Andersen & Giuseppe Bertola & John Driffill & Clemens Fuest & Harold James & Jan-Egbert Sturm & Branko Uroševic, 2017. "Chapter 2: Economic Policy and the Rise of Populism – It’s Not So Simple," EEAG Report on the European Economy, CESifo Group Munich, vol. 0, pages 50-66, March.
  • Handle: RePEc:ces:eeagre:v::y:2017:i::p:50-66
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    References listed on IDEAS

    as
    1. Funke, Manuel & Schularick, Moritz & Trebesch, Christoph, 2016. "Going to extremes: Politics after financial crises, 1870–2014," European Economic Review, Elsevier, vol. 88(C), pages 227-260.
    2. Sascha O Becker & Thiemo Fetzer & Dennis Novy, 2017. "Who voted for Brexit? A comprehensive district-level analysis," Economic Policy, CEPR;CES;MSH, vol. 32(92), pages 601-650.
    3. Rudiger Dornbusch & Sebastian Edwards, 1991. "The Macroeconomics of Populism in Latin America," NBER Books, National Bureau of Economic Research, Inc, number dorn91-1, January.
    4. Jan Fidrmuc & Martin Hulényi & Cigdem Börke Tunali, 2016. "Money Can't Buy EU Love: European Funds and the Brexit Referendum," CESifo Working Paper Series 6107, CESifo Group Munich.
    5. Rudiger Dornbusch & Sebastian Edwards, 1991. "Introduction to "The Macroeconomics of Populism in Latin America"," NBER Chapters,in: The Macroeconomics of Populism in Latin America, pages 1-4 National Bureau of Economic Research, Inc.
    6. Jonathan Haskel & Robert Z. Lawrence & Edward E. Leamer & Matthew J. Slaughter, 2012. "Globalization and U.S. Wages: Modifying Classic Theory to Explain Recent Facts," Journal of Economic Perspectives, American Economic Association, vol. 26(2), pages 119-140, Spring.
    7. Paul R. Krugman, 2008. "Trade and Wages, Reconsidered," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 103-154.
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