The financial crisis which started in 2007 has caused a tremendous challenge for monetary policy. The simple concept of inflation targeting has lost its position as state of the art. There is a debate on whether the mandate of a central bank should not be widened. And, indeed, monetary policy...

The paper addresses the issue of intermodality in European transport policy. Its aim is to derive critical factors for an effective and efficient multimodal freight transport network in Europe. The results of a survey among European transport experts are presented, while a new meta-analytic...

The paper focuses on the Trans Alpine Freight Transport systems in the light of the future integration of single national transport systems into the European transport network. The environmental, social and institutional peculiarities of this 'region' have favoured - in the past - the...

In general terms, the general Common Transport Policy (CTP) objectives of the European Union may be formulated in efficiency, regional development and environmental categories. Setting objective targets in the environmental field based on scientific evidence is not yet possible, so that it is...

In the debate about the world monetary order there is agreement that greater stability in international currency relationships would be desirable. Could a system of fixed exchange rates between the currencies of the major industrial countries put an end to the present instability? What would be...