Rise of Populism: Causes, Consequences and Policy Implications?

2024 will be an important election Dorn, David Gstrein and Florian Neumeier postulate year with the presidential elections in the US and the that the main factors behind the rise of populism and European elections, raising concerns of a further rise the loss of trust in political institutions are a growing in political polarization and populism in the Western gap between rich and poor, increasing. [...] cle; this is why Guriev and Papa- Instead of focusing on the neglect of macroeconomic ioannou (2022) prefer to stay with Sergei Guriev laws, the definition of political scientists in Mudde the broadest definition to analyze is Professor of Economics and (2004 and 2007) and Mudde and Rovira Kaltwasser the phenomenon of populism in its Provost at Sciences Po in Paris. [...] dissemination of “alternative facts.” Third, we need to bridge the gap between pol- THE IMPLICATIONS OF THE RISE OF POPULISM iticians and voters by resolving the “paradox of the democratic leader” (Kane and Patapan 2012). [...] ‒ Economic globalization and structural change The first strand of the literature has a long tradi- ‒ Migration and economic insecurity tion in both economics and political science and has been thoroughly reviewed in several articles (Healy In the remainder of this article, we discuss the insights and Malhotra 2013; Lewis-Beck and Stegmaier 2000; provided by the economics and political science lit. [...] Fetzer (2019) finds that the veys conducted by Alesina and Tabellini (2022) in six spending cuts in the aftermath of the financial crisis countries (France, Germany, Italy, Sweden, the UK, in the UK led to higher support for UKIP and a more and the US) found that the number of immigrants is negative attitude towards the EU.