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The Political Economy of Populism

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Book Series: Routledge Frontiers of Political Economy ISBN: 9780367368029 Year: Pages: 108 Language: English
Publisher: Taylor & Francis
Subject: Economics --- Political Science
Added to DOAB on : 2020-07-15 23:59:09
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"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. "

China: Surpassing the “Middle Income Trap”

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Book Series: Contemporary China Studies ISBN: 9789811565403 Year: Pages: 218 DOI: 10.1007/978-981-15-6540-3 Language: English
Publisher: Springer Nature
Subject: Economics --- Political Science
Added to DOAB on : 2020-10-15 00:05:44
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This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other developing countries. China is facing many setbacks and experiencing an economic slowdown in recent years due to some serious issues, and income inequality is one such issue deferring China’s development potential by creating a middle income trap. This book thoroughly investigates both the unpromising factors and favorable conditions for China to overcome the trap. It illustrates that traps may be encountered at any stage of development and argues that political stability is the prerequisite to creating a favorable environment for economic development and addressing this “middle income trap”. Written by one of China's central planners, this book offers precious insights into the industrial policies that are transforming China and the world and will be of interest to China scholars, economists and political scientists.

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