Volume 48, Issue 1, January 2013

ISSN: 0020-5346 (Print) 1613-964X (Online)

In this issue (7 articles)

  1. Editorial

    Banking Supervision in the Eurozone

    Dorothea Schäfer Pages 2-3
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    Forum

    Austerity measures in crisis countries — results and impact on mid-term development

    Vassilis Monastiriotis, Niamh Hardiman, Aidan Regan, Chiara Goretti… Pages 4-32
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    Economic Forecasting

    Potential economic variables and actual economic policies in Europe

    Erik Klär Pages 33-40
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    International Trade

    SMEs in services trade — A GATS perspective

    Rudolf Adlung, Marta Soprana Pages 41-50
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    Eurozone Crisis

    Fiscal divergence, current account divergence and TARGET2 imbalances in the EMU

    José Abad, Axel Löffler, Gunther Schnabl, Holger Zemanek Pages 51-58
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    Regional Convergence

    Convergence in the Spanish and Portuguese NUTS 3 regions: An exploratory spatial approach

    Miguel Viegas, Micaela Antunes Pages 59-66
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    Letter from America

    The fiscal cliff crisis and the real economic crisis in the United States

    Dean Baker Pages 67-68
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