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Episode: How oil rents fuel populist foreign policy
Description: Contributor(s): Professor Steffen Hertog | International relations literature has begun to focus on the foreign policy corollaries of populist ideologies. Populist leaders reject hegemonic Western powers, the transnational elites associated with them, and the liberal international institutions they have created. But how impactful is populist foreign policy really, given that rejection of the global liberal order potentially carries significant costs?
In his inaugural lecture (based on his research with Ferdinand Eibl) Steffen Hertog argues that populist leaders in all but the largest countries can afford radical policies only if they enjoy autonomy from international economic constraints. The main factor providing...