Volume 47
May/June 2012 · Number 3

Editorial

• The Eurozone Crisis and Citizens’ Shattered Systemic Trust

  Felix Roth

Forum

• Green Growth

  Michel Aglietta, Arno Behrens, Bert Colijn, Jean-Charles Hourcade, Mark Huberty, Jorge Núñez Ferrer, Richard S. J. Tol, John Zysman

Articles

• Economic Integration and the Structure of National Institutions

  Phedon A. Nicolaides

• The CAP in Disarray: EU Commission Proposes Basic Direct Payments to EU Farmers

  Ulrich Koester

• Credible Austerity Plans Are Required

  Daniel Gros

• Why Austerity Can Become Self-defeating for Member States of a Currency Union

  Rainer Maurer

• Fighting Debt Explosion in the European Sovereign Debt Crisis

  Hanno Beck, Aloys Prinz

Economic Trends

• Private Consumption and Cyclical Asymmetries in the Euro Area

  Volker Clausen, Hannah Schürenberg-Frosch