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A rational backlash against globalisation

Pastor, Lubos and Veronesi, Pietro (2018) A rational backlash against globalisation. LSE Brexit (05 Oct 2018). Blog Entry.

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Abstract

The vote for Brexit and the election of protectionist Donald Trump to the US presidency - two momentous markers of the ongoing pushback against globalisation - led some to question the rationality of voters. Lubos Pastor and Pietro Veronesi (University of Chicago Booth School of Business) present a framework that demonstrates how the populist backlash against globalisation is actually a rational voter response when the economy is strong and inequality is high. It highlights the fragility of globalisation in a democratic society that values equality.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/brexit/2018/10/05/a-rationa...
Additional Information: © 2018 The Authors; Online
Divisions: European Institute
Government
School of Public Policy
Subjects: J Political Science > JA Political science (General)
J Political Science > JC Political theory
J Political Science > JK Political institutions (United States)
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Departments > European Institute
Departments > Government
Research centres and groups > Institute of Public Affairs
Collections > LSE Brexit
Date Deposited: 17 Jan 2019 10:37
Last Modified: 20 Feb 2019 13:01
URI: http://eprints.lse.ac.uk/id/eprint/91933

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