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The European Union, by virtue of its size alone, is called upon to play a central role in establishing a prosperous and liberal world economy. But, says Martin Wolf, its historic approach raises serious doubts about whether it is capable of rising to the challenge.

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The European Union, by virtue of its size alone, is called upon to play a central role in establishing a prosperous and liberal world economy. But, says Martin Wolf, its historic approach raises serious doubts about whether it is capable of rising to the challenge.
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