Switzerland: 2005 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 10, 2005
Source details
- Canonical URL
- Switzerland: 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland
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Bibliographic details
- Published: June 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807288.002
Macroeconomic outlook and growth projections
- The Swiss economy "has returned to growth" supported by external demand and domestic policies.
- "The recovery has been fragile," and "business indicators suggest that activity is currently experiencing a soft patch."
- IMF staff projects growth of 1¼ percent in 2005, from 1.7 percent in 2004.
- Downside risks to the 2005 projection exist "if demand from partner countries were to falter."
Potential growth and medium-term outlook
- Potential growth is estimated at 1½ percent.
- Potential growth is projected to decline in the medium term to ¾ percent as a result of population aging.
Key subject areas and analytical coverage
- Topics covered include: Banking, Expenditure, Fiscal policy, Income, Labor, Labor markets, National accounts, Revenue administration.
- Keywords and focal points cited: authority, CR, deficit, development expenditure, expenditure side, federal government, General government balance, Global, government, IMF staff projection, Income, ISCR, labor market, Labor markets, rate.
Document and report context
- The content is presented as an IMF Staff Country Report and part of Article IV consultations assessing Switzerland’s economic conditions and policy stance.
Source: Switzerland: 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland (June 10, 2005).