Switzerland: 2007 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 4, 2007
Source details
- Canonical URL
- Switzerland: 2007 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 4, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807318.002
Executive summary and macroeconomic performance
- The 2007 Article IV Consultation highlights that Switzerland’s economy is performing well.
- The expansion moved into its fourth year with above average growth and employment, and few signs of inflation.
- This favorable outcome is attributed to:
- a vibrant external environment, including in global financial markets,
- strong macroeconomic policies,
- key structural reforms in retailing and labor markets.
Financial sector and banks
- The financial sector is performing well in a favorable cyclical setting.
- Bank profitability is strong.
- Financial soundness indicators have improved.
Key thematic coverage (as listed)
- Banking
- Expenditure
- Fiscal policy
- Income
- Inflation
- Labor
- National accounts
- Pension spending
- Prices
- Wages
Keywords and analytical focus
- annex
- authority
- brake rule
- consultation
- consultation staff report
- CR
- current account
- debt brake
- Eastern Europe
- expenditure growth
- Global
- IMF staff projection
- Income
- Inflation
- ISCR
- supervisory authority
- Wages