Addendum 3

[2020] Populist leaders & the economy
https://www.aeaweb.org/articles?id=10.1257/aer.20202045
PDF: https://files.persagen.com/01/funke2020populist.pdf
Discussion: https://news.ycombinator.com/item?id=37533146

* >25% of nations governed by populists.
* study: macroeconomic history of populism
* 51 populist presidents/prime ministers 1900-2020
* economic cost of populism high: GDP per capita 10% lower after 15 yrs
* economic disintegration, decreased macroeconomic stability, eroded institutions result f. populist rule

#populism #protectionism #macroeconomics #GOP