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The Great Recession of 2007-08 not only wrought havoc on employment and output, but its aftermath has seen the rise of populism across the Western world, from Sweden to Spain and from Germany to the US. Many cross-country studies claim that there is a direct link from financial crisis to right-wing populist movements (Mian et al. 2014, Algan et al. 2017, Eichengreen 2018). The Financial Times ...
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