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The financial drivers of populism in Europe Luigi Guiso, Massimo Morelli, Tommaso Sonno, Helios Herrera
- Format:
- Book
- Author/Creator:
- Guiso, Luigi, author.
- Morelli, Massimo, author.
- Sonno, Tommaso, author.
- Herrera, Helios, author.
- Series:
- Cambridge elements. Elements in European politics
- Cambridge elements. Elements in European politics 2754-5032
- Language:
- English
- Subjects (All):
- Populism--Economic aspects--Europe.
- Populism.
- Populism--Europe.
- Europe--Politics and government.
- Europe.
- Populism--Economic aspects.
- Physical Description:
- 1 online resource
- Place of Publication:
- Cambridge Cambridge University Press 2026
- Summary:
- "This Element argues that the 2008 financial crisis marked a turning point for populism in Europe by extending economic insecurity to the middle class. As insecurity spread, trust in institutions and markets declined, bringing a large new group of disillusioned voters into the political arena. The authors show that this expansion of middle-class anxiety accounts for a substantial share of the rise in populist voting. The political impact was strongest in countries with limited fiscal space, where governments lacked credible tools to cushion economic losses. As voters’ demand for protection grew, both new and established parties adjusted their platforms, with populist and protectionist positions becoming more prominent. Using a novel empirical strategy based on differences in occupational exposure to financial constraints, the authors identify the causal effect of crisis-driven insecurity and explain why populism has persisted in European politics"-- Provided by publisher
- Contents:
- Theory
- Data and important measurement choices
- Voter turnout/abstention
- Identification strategy
- The financial crisis and voters’ reaction
- Supply side : The financial crisis and party dynamics
- Entry decisions and strategic party positioning
- Notes:
- Includes bibliographical references
- Online resource; title from PDF title page (Cambridge Core, viewed August 10, 2026)
- Other Format:
- Print version Guiso, Luigi Financial drivers of populism in Europe
- ISBN:
- 9781009861731
- 1009861735
- 9781009861700
- 1009861700
- OCLC:
- 1592128493
- Publisher Number:
- CIPO000406839
- Access Restriction:
- Some versions Open access versions available from some providers open access
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