Volume 40
January/February 2005 · Number 1

Editorial

• Leaving the Kyoto Oasis – the Climate Caravan Moves On

  Axel Michaelowa

Forum

• The Stability and Growth Pact in Need of Reform

  Wim Boonstra, Sylvester C. W. Eijffinger, Daniel Gros, Carsten Hefeker

Articles

• The Communication Policy of the European Central Bank – A Review of the First Five Years

  Britta Kuhn

• The International Competitiveness of Germany and other European Economies: The Assessment of the Global Competitiveness Report

  Ralf Fendel, Michael Frenkel

• The Promotion of Renewable Energies and Sustainability – A Critical Assessment of the German Renewable Energies Act

  Verena Leïla Holzer

Economic Trends

• Rapid Expansion of the World Economy

  Günter Weinert

Index

• Index