Volume 47 · March/April 2012 · Number 2

Editorial

• Sovereign Debt Crises: Why in Europe and not Elsewhere?

Forum

• The Financial Transaction Tax – Boon or Bane?

Articles

• Emissions Trading: Impact on Electricity Prices and Energy-Intensive Industries

• The Impact of the Euro Crisis on Switzerland

• The Impact of Vertical Separation on the Success of the Railways

Economic Trends

• Global Monitoring of International Capital Flows