Economic Populism and Institutional Reform / Emre nal.
| Author/creator | Ünal, Emre |
| Format | Electronic |
| Publication Info | [Place of publication not identified] : Routledge, 2025. |
| Description | 1 online resource. |
| Supplemental Content | EBSCOhost |
| Subjects |
| Series | Routledge Frontiers of Political Economy Series Routledge frontiers of political economy. ^A410039 |
| Contents | Introduction -- Institutional economics and its forms -- Political economic approaches to power: Commons and Veblen -- What is populism? -- Forms of economic populism -- Rising economic populism in Argentina and T kiye -- The nexus between economic populism and political aspects -- Crises and policies -- Economic populism from the 2000s -- Why is there economic populism? -- Conclusion |
| Abstract | In response to theglobal crises in recent decades, many countries both developed and developing economies have resorted to populist forms of economic policy instead of undertaking meaningful institutional change. This book explores two forms of economic populism in particular (wage populism and exchange rate populism) and demonstrates that these types of policies result in high inflation, unstable exchange rates, and chronic macroeconomic problems. The book opens with an elucidation of the institutional economics approach drawing on Commons and Veblen, and foregrounding laws, rules, norms, regulations, religions, and traditions which sheds particular light on economic populism. The book also explores the different forms of economic populism thathave been seen throughout the world including policies in the United States, Brexit in the United Kingdom, the response to the Yellow Jackets in France, the populism of various countries in Latin America, and regulations in China. Delving deeper, two case studies are explored in greater and comparative detail: Argentina and Turkey. In these countries, which have followed similar patterns, it is shown how following a path of economic populism has prevented the much-needed institutional reforms from being enacted. The book argues that adopting populist economic policies may prove popular in the short term but prevents and ignores the longer-term project of institutional reform, which is needed to provide greater stability. Finally, the book also looks at the types of institutional and policy reformthat may be required to prevent economic populism from taking hold. This book will be of interest to readers in economics, political economy, politics, and other social sciences who are grappling with issues around populism in all its forms. |
| Bibliography note | Includes bibliographical references and index. |
| Issued in other form | Print version: 103257156X 9781032571560 |
| Issued in other form | Print version: 9781032571560 (hbk) |
| Issued in other form | Print version: 9781032571584 (pbk) |
| Issued in other form | 9781032571560 |
| Issued in other form | 103257156X |
| ISBN | 9781040295977 (electronic bk.) |
| ISBN | 1040295975 (electronic bk.) |
| ISBN | 9781003438090 (electronic bk.) |
| ISBN | 1003438091 (electronic bk.) |
| ISBN | 9781040295953 |
| ISBN | 1040295959 |
| Standard identifier# | 10.4324/9781003438090 |
| Stock number | 9781003438090 Taylor & Francis |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |