Editorsa Introduction. 1. Corporate Governance in Germany: the Role of Banks and Ownership Concentration. Jeremy Edwards (University of Cambridge), Marcus Nibler (University of Cambridge). 2.Currency Boards: More than a Quick Fix? Atish R. Ghosh (International Monetary Fund), Anne--Marie Gulde (International Monetary Fund), Holger C. Wolfe (George Washington University and NBER). 3. Factor Mobility and Fiscal Policy in the EU: Policy Issues and Analytical Approaches. David E. Wildasin (Martin School of Public Policy, University of Kentucky, Lexington). 4. Labour Market Outliers: Letters from Portugal and Spain. Olympia Bovar (Bank of Spain), Pilar Garcia--Perea (Bank of Spain), Pedro Portugal (Bank of Portugal and New University of Lisbon). 5. The Case for International Tax Co--ordination Reconsidered. Peter Birch Sorensen (Kobenhavns Universitet, EPRU and CESifo). 6. Taxation for the 21st century: the Automated Payment Transaction (APT) Tax. Edgar L. Feige (University of Wisconsin--Madison).