It is nearly 30 years since Rudiger Dornbusch and Sebastian Edwards published a seminal book, The Macroeconomics of Populism. Their conclusion back then was that the economic policies of populist leaders were quintessentially irresponsible. These governments, blinded by an aim to address perceived social injustices, specialised in profligacy, unbothered by budget constraints or whether they might run out of foreign exchange.
自从鲁迪格•多恩布什(Rudiger Dornbusch)和塞巴斯蒂安•爱德华兹(Sebastian Edwards)合著了《民粹主义的宏观manbetx20客户端下载 学》(The Macroeconomics of Populism)这本开创性著作以来,已过去了近30年。他们当时的结论是,民粹主义领导人的manbetx20客户端下载 政策典型地不负责任。这些政府纠结于纠正他们眼里的社会不公这个目标,挥霍财政,对预算纪律或他们有可能耗尽国家外汇的情况毫不在意。