Populism and the Economics of Globalization
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.
-
-
Copy CitationDani Rodrik, "Populism and the Economics of Globalization," NBER Working Paper 23559 (2017), https://doi.org/10.3386/w23559.
-
Published Versions
Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, vol 1(1-2), pages 12-33. citation courtesy of