Economic Policy 46

Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examination of key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level. Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews.

1. Editorsa introduction. 2. European Monetary Union: the dark sides of a major success: Charles Wyplosz. 3. Road pricing: lessons from London: Georgina Santos and Gordon Fraser. 4. Has the inflation process changed?: Stephen G. Cecchetti and Guy Debelle. 5. Price setting and inflation persistence: did EMU matter?: Ignazio Angeloni, Luc Aucremanne and Matteo Ciccarelli.