Latin American Populism in the Twenty-First Century
By Nicolás Cachanosky, Alexandre Padilla
Contemporary Latin American populism resulted from the combination of two factors: (1) an institutional environment that made political success possible and (2) an international commodities boom that raised government revenues and made populist rent seeking remunerative. Countries that adopted populist policies have seen declining institutional health (less economic freedom, less press freedom) and declining economic performance relative to others in Latin America.
|Other Independent Review articles by Nicolás Cachanosky|
|Winter 2017/18||Money:Free and Unfree|
|Fall 2015||Money, Banking, and the Business Cycle. Volume 1:Integrating Theory and Practice. Volume 2: Remedies and Alternative Theories|
|Winter 2014/15||A Proposal of Monetary Reform for Argentina:Flexible Dollarization and Free Banking|
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