Switzerland: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Switzerland, and Informational Annex

Publication Date:

May 20, 2010

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Switzerland was hard hit by the global crisis; however, the 1.5 percent contraction in 2009 compares favorably with most industrial countries. This 2010 Article IV Consultation highlights that after a year-long decline in real GDP, the economy exited the recession in mid-2009. In response to the crisis, the authorities took a series of actions in a broad range of policy areas. Financial sector measures also helped to stabilize financial markets and reduce systemic risk. The authorities are now contemplating how to exit from the current accommodative stance.

Series:

Country Report No. 2010/140

Subject:

Frequency:

Quarterly

English

Publication Date:

May 20, 2010

ISBN/ISSN:

9781455205899/1934-7685

Stock No:

1CHEEA2010001

Pages:

140

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