Switzerland : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

March 14, 1995

Summary:

This paper describes economic developments in Switzerland during the 1990s. Between 1990 and 1993, real GDP fell by a cumulative 1¼ percent. The tightening of monetary policy in response to rising inflation in the late 1980s induced a contraction in domestic demand that sent the economy into decline in 1991. This decline was prolonged by the downturn of other European economies during 1992–93, although the latter had only a modest effect on Swiss exports, which continued to grow slowly.

Series:

Country Report No. 95/22

Subject(s):

Notes:

This report on recent economic developments in Switzerland was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

March 14, 1995

ISBN/ISSN:

9781451807127/1934-7685

Stock No:

1CHEEA0011995

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

70

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