115 Editors' introduction.

This article from the Economic Policy journal covers a range of economic topics. The first paper examines the European Central Bank's pursuit of a 2% inflation target and identifies potential risks that could prevent the bank from achieving this goal. The second paper focuses on Turkey and discusses how unorthodox monetary policy has led to rising inflation and a depreciating currency. The third paper explores how municipalities in Swiss mountainous regions use hydropower royalties, primarily by lowering taxes. The fourth paper investigates the long-term impact of the COVID-19 pandemic on education, highlighting a decrease in learning time and potential consequences for inequality and skill development. The final paper analyzes bank dividend payouts and their economic policy implications, particularly in the context of the COVID-19 crisis. [Extracted from the article]