This paper builds a populism index to study to impact of commodity prices and economic crisis on Latin American populism in the early 21st century. Panel data analysis shows some evidence that both, commodity prices and economic crisis, are correlated with an increase in populist policies

This paper offers an economic and institutional assessment of 21st-century Latin American populism, particularly in Argentina, Bolivia, Brazil, Ecuador, and Venezuela. We find that populism fails to offer the significant economic and social improvements that leaders promise and voters hope for....