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Emmanuel Macron has been the great hope for those who worry that global politics is being dominated by populism, nationalism and racism. In his presidential campaign last year, Macron was able to rally France around a message of reform and multilateralism, staying firmly wedded to the European Union and other international alliances and institutions. Last month he brought together 65 world leaders for a major gathering dedicated to global governance.He has a five-year term, his party controls the legislature, and most analysts agree that his reforms are inevitable if France is to compete for investment and generate growth. He may end up a one-term president, but he will still have spearheaded the most important changes in France in a generation. In Italy, the new coalition government had introduced a populist budget that promised a universal basic income and early retirement, only to meet the steely opposition of the European Union. Finally, look at the United States, where a president who proudly embraces populism and nationalism reigns.I don't mean to minimize the populist wave that is still coursing through the West and other parts of the world.
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