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Have the Dutch now done it again, holding back the wave of populist politics that seemed to be threatening Europe after last year's Brexit referendum and Donald Trump's victory in the United States?The unexpectedly weak performance of Geert Wilders' Freedom Party (PVV) in the Dutch election on March 15 seems to suggest this.A swing back to the center in continental Europe would strongly suggest that the unexpected victories for populist and anti-globalization movements in the U.S. and Britain were not primarily a response to unemployment and disappointing economic performance since the financial crisis, mass migration or the threat of Islamist terrorism. The European Union is a bigger trading partner than the U.S. for most emerging economies.The EU has suffered a prolonged economic slump since the 2008 financial crisis, largely because the German government vetoed the kind of monetary and fiscal stimulus that helped to pull the U.S. out of recession in 2010 .Europe will enjoy a better, more sustainable, and socially inclusive economic recovery than the U.S. under Trump.
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