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Populists in Power: Economic and Political Consequences

Manuel Funke, Moritz Schularick, Christoph Trebesch
CESifo, Munich, 2024

EconPol Forum 25 (2), 24-28
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  • Populism at the government level is on the rise and we are living in a populist era
  • Populist leaders cling to power and populism often returns to countries
  • Populist governments are a drag on economic growth
  • Economic nationalism and protectionism are a common feature of populists in power
  • Populist leaders typically undermine democratic institutions

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