Switzerland : 2002 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland

Author/Editor:

International Monetary Fund

Publication Date:

June 3, 2002

Electronic Access:

Free Full Text (PDF file size is 1313 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2002 Article IV Consultation highlights that the economy of Switzerland cooled in 2001 as business investment fell and exports were hit by the global slowdown and an appreciation of the Swiss franc. Real GDP growth dropped to 1.3 percent, unemployment edged up, and the external current account surplus declined to 10 percent of GDP. The IMF staff projects that real GDP will grow by just under 1 percent in 2002 on the back of a global recovery in the second half of the year and effects of the monetary easing in 2001.

Series:

Country Report No. 02/106

Subject:

English

Publication Date:

June 3, 2002

ISBN/ISSN:

9781451807196/1934-7685

Stock No:

1CHEEA0012002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

39

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