Citation

Discussion Paper Details

Please find the details for DP15002 in an easy to copy and paste format below:

Full Details

Title: Why Does Globalization Fuel Populism?

Author(s): Dani Rodrik

Publication Date: July 2020

Keyword(s):

Programme Area(s): International Macroeconomics and Finance, International Trade and Regional Economics and Public Economics

Abstract: There is compelling evidence that globalization shocks, often working through culture and identity, have played an important role in driving up support for populist movements, particularly of the right-wing kind. I start with an empirical analysis of the 2016 presidential election in the U.S. to show globalization-related attitudinal variables were important correlates of the switch to Trump. I then provide a conceptual framework that identifies four distinct channels through which globalization can stimulate populism, two each on the demand and supply sides of politics, respectively. I evaluate the empirical literature with the help of this framework, discussing trade, financial globalization, and immigration separately. I conclude the paper by discussing some apparently anomalous cases where populists have been against, rather than in favor of trade protection.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=15002

Bibliographic Reference

Rodrik, D. 2020. 'Why Does Globalization Fuel Populism?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=15002