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.
自從魯?shù)细?多恩布什(Rudiger Dornbusch)和塞巴斯蒂安?愛德華茲(Sebastian Edwards)合著了《民粹主義的宏觀經(jīng)濟學(xué)》(The Macroeconomics of Populism)這本開創(chuàng)性著作以來，已過去了近30年。他們當(dāng)時的結(jié)論是，民粹主義領(lǐng)導(dǎo)人的經(jīng)濟政策典型地不負(fù)責(zé)任。這些政府糾結(jié)于糾正他們眼里的社會不公這個目標(biāo)，揮霍財政，對預(yù)算紀(jì)律或他們有可能耗盡國家外匯的情況毫不在意。
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