Switzerland: 2002 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland
IMF Staff Country Reports, June 3, 2002
Source details
- Canonical URL
- Switzerland: 2002 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland
Other formats
Bibliographic details
- Published: June 3, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807196.002
Key findings (2001 economic outcomes)
- Real GDP growth dropped to 1.3 percent.
- Business investment fell.
- Exports were hit by the global slowdown and an appreciation of the Swiss franc.
- Unemployment edged up.
- The external current account surplus declined to 10 percent of GDP.
IMF staff projections and near-term outlook
- IMF staff projects that real GDP will grow by just under 1 percent in 2002.
- The projected 2002 growth is expected to be supported by a global recovery in the second half of the year and effects of the monetary easing in 2001.
Major themes and subject areas covered
- Economic sectors
- Exchange rates
- Financial sector
- Financial Sector Assessment Program
- Financial sector policy and analysis
- Foreign exchange
- Inflation, Prices
- Public debt
Keywords and analytical focus
- authority, CR, debt brake, Europe, exchange rate appreciation
- Exchange rates, Financial sector, Financial Sector Assessment Program, FSAP exercise
- Global, IMF staff project real GDP, IMF staff projection
- Inflation, inflation outlook, insurance supervision legislation, ISCR, monetary policy, monetary policy stance