Abstract

This paper studies the impact of 21st century populism in Latin America on income and human development. We find a significant economic cost of populism that is consistent with other studies using a different methodology than ours. Our sample consists of five Latin American countries representative of populist governments: Argentina (2003 – 2015), Bolivia (since 2006), Ecuador (since 2007), Nicaragua (since 2007), and Venezuela (since 1999).

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