02739nam 2200337 450 991047710580332120230516214844.0(CKB)5470000000568884(NjHacI)995470000000568884(EXLCZ)99547000000056888420230516d2021 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierPolitical Economy of Populism An Introduction /Petar StankovAbingdon, Oxon :Taylor & Francis,2021.1 online resource (291 pages)"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. This book 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. Petar Stankov is a Teaching Fellow in the Economics Department at Royal Holloway, University of London, UK, and a Senior Lecturer at the University of National and World Economy, Sofia, Bulgaria. The e-version of this book will be published open access"-- Provided by publisher.Political Economy of Populism World politicsWorld politics.909.82Stankov Petar950743NjHacINjHaclBOOK9910477105803321Political Economy of Populism3363481UNINA