Switzerland : Selected Background Issues

Author/Editor:

International Monetary Fund

Publication Date:

May 7, 1996

Summary:

This Selected Background Issues paper on Switzerland reviews a few monetary and exchange rate issues, including questions related to the monetary policy framework and the assessment of recent monetary conditions and exchange rate developments. The paper examines the Swiss savings and investment levels from a welfare point of view, employing for this purpose some “golden rule” criteria of capital accumulation put forward in the academic literature. It finds that, with its unusually high levels of saving, Switzerland may be one of the few advanced industrialized countries that strictly fulfills the “golden rule” criteria.

Series:

Country Report No. 96/32

Subject(s):

Notes:

This report 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:

May 7, 1996

ISBN/ISSN:

9781451807226/1934-7685

Stock No:

1CHEEA0021996

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

67

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