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Europe’s Other Populist Problem

The policies that European governments have pursued since the 2008 financial crisis have crowded out sorely needed structural reforms. But if European countries are going to keep their populists at bay, they will need to make the changes needed to deliver higher long-term growth.

WASHINGTON, DC – European voters, looking at Donald Trump’s chaotic presidency in the United States and the hard road ahead for a post-Brexit Britain, may be turning away from right-wing populists such as Marine Le Pen in France and Geert Wilders in the Netherlands. But if European governments are to keep their own populists at bay, they will need to implement the substantial structural reforms that are necessary to deliver higher long-term economic growth.

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