Populist Policies in the Transition to Democracy

Número: 
349
Publicado: 
Clasificación JEL: 
H11, D73, D74, D78, D30
Palabras clave: 
Populism, oligarchy, democracy, conflict

Lo más reciente

Luis E. Arango, Leonardo Bonilla-Mejía, Luz Adriana Flórez, Luis E. Arango
Julián Andrés Parra-Polanía, Constanza Martínez-Ventura

This paper develops a political economy model that provides an explanation as for why ruling elites in oligarchic societies may rely on income redistribution to the poor (the masses) in order to prevent them from attempting a revolution. We refer to this