Reflecting on populism and the economics of globalization
License
Access Rights
Cadmus Permanent Link
Full-text via DOI
ISBN
ISSN
2522-0691
Issue Date
Type of Publication
Keyword(s)
LC Subject Heading
Other Topic(s)
EUI Research Cluster(s)
Initial version
Published version
Succeeding version
Preceding version
Published version part
Earlier different version
Initial format
Author(s)
Citation
Journal of international business policy, 2018, Vol. 1, No. 1–2, pp. 34–43
Cite
NELSON, Douglas, HOEKMAN, Bernard M., Reflecting on populism and the economics of globalization, Journal of international business policy, 2018, Vol. 1, No. 1–2, pp. 34–43 - https://hdl.handle.net/1814/60576
Abstract
In this commentary, we take up two key elements of Dani Rodrik’s analysis of the economic underpinnings of populist politics. We focus on the links between globalization (especially trade integration) and populism and the role of global institutions (notably trade agreements) in both generating the economic pressures to which populist politicians are responding and in constraining the ability of governments to deal with adverse distributional effects of these pressures. We argue that it is important to distinguish between trade shocks and trade agreements; that the role of both is given too much weight relative to the effects of financialization and international capital flows, migration, and technological change; and that deepening international cooperation (global governance) can – and should – be part of the supply response to populism.
Table of Contents
Additional Information
First Online: 06 April 2018