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Why prospect of economic recovery won't deflate populist fervour

Many of the factors behind populism are non-economic; they include accelerated cultural and social change, and the perceived corruption of established political elites.

Markets are hopeful now that the world economy is well on its way towards a somewhat sustained recovery. But there are fears growth could be of the kind that again disproportionately increases the income and wealth of the top 1 per cent.


MARKETS, like the pundits meeting in Davos last week, are hopeful - the world economy is well on its way towards a balanced and perhaps sustained recovery. With the economy on the mend, will politics follow suit?

For people who view the surge in populism around the world...

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