| Description |
1 online resource (45 pages) : color illustrations |
| Series |
IMF country report ; no. 13/128 |
|
IMF country report ; no. 13/128.
|
| Contents |
Cover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS AND OUTLOOK; A. GDP Growth has Decelerated and Inflation Remains Negative; B. Defending the Exchange Rate Floor Required Large-Scale Intervention; C. The External Sector Continues to Perform Relatively Well; BOXES; 1. Understanding Pressures on the Swiss Franc; 2. Competitiveness of the Swiss Economy; D. The Financial Sector is Restructuring While Very Low Interest Rates Fuel Risks in the Mortgage Market; 3. Measures to Address Developments in the Housing and Mortgage Market; E. The Fiscal Position is Strong; OUTLOOK AND RISKS |
|
POLICY DISCUSSIONSF. Monetary and Exchange Rate Policies; 4. Negative Policy Interest Rates on Bank Excess Reserves: Should the SNB Consider Them?; G. The Housing Market; H. Financial Sector Policies; I. Fiscal Policies; STAFF APPRAISAL; TEXT TABLE; 1. Authorities' Response to Past IMF Policy Recommendations; FIGURES; 1. Recent Economic Developments; 2. Monetary and Exchange Rate Policies; 3. External Accounts; 4. Systemic Bank Indicators; TABLES; 1. Selected Economic Indicators, 2010-14; 2. Balance of Payments, 2010-14; 3. General Government Finances, 2010-14; 4. SNB Balance Sheet |
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5. Financial Soundness Indicators6. General Government Operations, 2006-10; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES |
| Summary |
The Article IV Consultation discusses the IMF Executive Board’s assessment of economic developments and policies in Switzerland. With the exchange rate floor in place for more than one year, the Swiss economy has been relatively stable. Although overall export growth is weak, the external position remains comfortable, reflecting high investment income and strong export performance in some sectors. Executive Directors noted that, notwithstanding Switzerland’s stable economy and strong policy frameworks, risks stemming mostly from the euro area crisis and vulnerabilities in the domestic financial sector have clouded the near-term outlook |
| Notes |
Title from PDF title page (IMF Web site, viewed May 22, 2013) |
|
"May 2013." |
|
"April 23, 2013"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Subject |
International Monetary Fund -- Switzerland
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic development -- Switzerland
|
|
Finance -- Switzerland
|
|
Economic indicators -- Switzerland
|
|
Economic development
|
|
Economic indicators
|
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Finance
|
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Switzerland
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| Form |
Electronic book
|
| Author |
International Monetary Fund.
|
| ISBN |
1484389409 |
|
9781484389409 |
|
9781484399064 |
|
1484399064 |
| ISSN |
2227-8907 |
|
