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001-es BibID:BIBFORM078253
Első szerző:Ádám Zoltán (közgazdász)
Cím:What is populism? An institutional economics approach with reference to Hungary / Ádám Zoltán
Dátum:2018
Megjegyzések:This paper conceptualizes populism in an institutional economics context. Examining the literature on populism in political science, it subscribes to the view that populism is a degraded form of democracy that holds elections in regular intervals as rituals of popular legitimation, but undermines pluralism and diminishes effective political choice. Based on the theory of transaction cost economics, the paper argues that populism is a form of government that reduces political uncertainties inherently present in liberal democracies, and hence mitigates political transaction costs. At times of crises and a mismatch between formal and informal institutions conditioning political exchange, demand for such a restricted form of democracy rises. This is what happened in Hungary towards the end of the 2000s, in a period characterized by fiscal stabilization and the socially costly impact of the global financial crisis.
Tárgyszavak:Társadalomtudományok Szociológiai tudományok tanulmány, értekezés
Megjelenés:Varieties of Transition : Papers presented at The Second International Economic Forum on Reform, Transition and Growth / szerk. Ádám Zoltán. - p. 83-98
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