Switzerland: 2013 Article IV Consultation
Electronic Access:
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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.
Series:
Country Report No. 2013/128
Subject:
Banking Exchange rates Financial crises Financial institutions Financial statements Foreign exchange Monetary policy Mortgages Negative interest rates Public financial management (PFM)
English
Publication Date:
May 21, 2013
ISBN/ISSN:
9781484399064/1934-7685
Stock No:
1CHEEA2013001
Pages:
45
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