Volume 44
May/June 2009 · Number 3

Editorial

• Impact of the Economic Crisis on Climate Change

  Frank J. Convery

Forum

• Common Euro Bonds: Necessary, Wise or to be Avoided?

  Paul De Grauwe, Wim Kösters, Thomas Mayer, Wim Moesen

Articles

• Financial Markets and Exchange-rate Regimes in Transition to EMU

  Alena Kimakova

• Of Markets, Products and Prices: The Effects of the Euro on European Firms

  Lionel Fontagné, Thierry Mayer, Gianmarco I. P. Ottaviano

• Revenue Windfalls and Expenditure Slippages: Disappointing Implementation of the Reformed Stability and Growth Pact

  Astrid Lemmer, Dan Stegarescu

• The Impact of Banking Behaviour on Monetary Strategy in Europe

  Manfred Borchert

• The Reform of the EU Budget: Finding New Own Resources

  Oscar Afonso, Rui Henrique Alves

Economic Trends

• Globalisation, Trade, and Growth: A Macroeconomic Perspective

  Michael Bräuninger, Henning Vöpel

Index

• HWWI Index of World Market Orices of Commodities