Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. * Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early * Papers are specially commissioned from first-class economists and experts in the policy field * The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists * This unique approach guarantees incisive debate and alternative interpretations of the evidence

InhaltsangabeEditors' Introduction 1. Supervising cross-border banks: theory, evidence and policy (Thorsten Beck, Radomir Todorov and Wolf Wagner) 2. Educational policies in a long-run perspective (Michela Braga, Daniele Checchi and Elena Meschi) 3. External imbalances in the eurozone (Ruo Chen, Gian Maria Milesi-Ferretti and Thierry Tressel) 4. Multiple faces of preferential market access: their causes and consequences (Peter Egger and Georg Wamser)