macroeconomic populism
policies—allegedly followed in the Allende (Chile) and García (Peru) governments—that unsustainably increase government spending/real wages and cause inflation, stagflation and economic collapse, with ultimately lower real wages than before
Pronunciations
British English
/ˌmækɹəˌɹiːkəˈnɒmɪk ˈpɒpjuːˌlɪzəm/Open converterAmerican English
/ˌmækɹoʊikəˈnɑmɪk ˈpɑpjuˌlɪzəm/Open converter
These IPA transcriptions are generated from the name above. Proper names may have other pronunciations, and current converter results may differ. How transcription works