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Populism and the Economics of Globalization

Author

Listed:
  • Rodrik, Dani

Abstract

Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have been predictable, the specific form it took was less so. I distinguish between left-wing and right-wing variants of populism, which differ with respect to the societal cleavages that populist politicians highlight. The first has been predominant in Latin America, and the second in Europe. I argue that these different reactions are related to the relative salience of different types of globalization shocks.

Suggested Citation

  • Rodrik, Dani, 2017. "Populism and the Economics of Globalization," CEPR Discussion Papers 12119, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:12119
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    References listed on IDEAS

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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Populism is Back! Why has this happened and why does it matter?
      by chechurris in NEP-HIS blog on 2017-08-08 11:48:43
    2. Populism and the Economics of Globalization
      by maximorossi in NEP-LTV blog on 2017-08-11 17:46:34

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    Cited by:

    1. repec:bfr:bullbf:2017:214:06 is not listed on IDEAS
    2. repec:bfr:bullbf:2017:214:02 is not listed on IDEAS
    3. repec:bfr:bullbf:2017:214:01 is not listed on IDEAS
    4. repec:bfr:bullbf:2017:214:04 is not listed on IDEAS
    5. Lee, Neil & Morris, Katy & Kemeny, Thomas, 2018. "Immobility and the Brexit vote," LSE Research Online Documents on Economics 86367, London School of Economics and Political Science, LSE Library.

    More about this item

    Keywords

    Globalization; populism;

    JEL classification:

    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles

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