Economic Policy 58

Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. This book examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level. The volume provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews."Economic Policy" is written for all those with an informed interest in economic policy problems. All articles are submitted to rigorous scrutiny by a panel of distinguished economists from around the world, resulting in a volume of authoritative and accessible articles, each followed by the comments of panel members.

Editors' Introduction. 1. What drives spreads in the euro area government bond market?: Simone Manganelli and Guido Wolswijk. 2. Financial integration, capital mobility, and income convergence: Abdul Abiad, Daniel Leigh and Ashoka Mody. 3. The political economy under monetary union: has the euro made a difference?: Marcel Fratzscher and Livio Stracca. 4. Job protection legislation and productivity growth in OECD countries: Andrea Bassanini, Luca Nunziata and Danielle Venn.