John Kay and John Vickers argue that the present regulatory frameworks for British Telecom and for British Gas lead to needlessly high prices.
George Alogoskoufis and Alan Manning explore the scope for demand-side policies to reduce European unemployment.
Rudiger Dornbusch proposes `interest recycling' to help solve Mexico's economic problems.
Mario Nuti argues that many of the reforms promised under the Soviet policy of Perestroika are likely to prove irreversible.
Michael Burda suggests that shortening the duration of unemployment benefits will contribute to the reduction of unemployment.