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- W2913699488 abstract "This paper conceptualizes authoritarian populism in an institutional economics context. Examining the literature on populism in political science, it considers authoritarian populism a degraded form of democracy that holds elections in regular intervals as means of popular legitimation, but undermines pluralism and constrains political choice. Based on the theory of transaction cost economics, the paper argues that authoritarian populism reduces political transaction costs by vertically organizing political exchange instead of the horizontal organization characteristic of liberal democracy. Electoral demand for such a shift rises at times of crises and a mismatch between formal and informal political institutions. This is what happened in Hungary towards the end of the 2000s, in a period of socially costly fiscal stabilization and the troubles of the global financial crisis. Correspondingly, voters have given Prime Minister Orban strong mandates to govern at three consecutive elections since 2010, who transformed Hungary into a textbook case of authoritarian populism." @default.
- W2913699488 created "2019-02-21" @default.
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- W2913699488 date "2018-05-01" @default.
- W2913699488 modified "2023-09-23" @default.
- W2913699488 title "Authoritarian populism at work: A political transaction cost approach with reference to Viktor Orbán’s Hungary" @default.
- W2913699488 hasPublicationYear "2018" @default.
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