Switzerland: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director for Switzerland, and Informational Annex
Electronic Access:
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Summary:
Switzerland was hard hit by the global crisis; however, the 1.5 percent contraction in 2009 compares favorably with most industrial countries. This 2010 Article IV Consultation highlights that after a year-long decline in real GDP, the economy exited the recession in mid-2009. In response to the crisis, the authorities took a series of actions in a broad range of policy areas. Financial sector measures also helped to stabilize financial markets and reduce systemic risk. The authorities are now contemplating how to exit from the current accommodative stance.
Series:
Country Report No. 2010/140
Subject:
Banking Expenditure Fiscal stance Income Inflation Labor National accounts Personal income Prices Real estate prices
Frequency:
Quarterly
English
Publication Date:
May 20, 2010
ISBN/ISSN:
9781455205899/1934-7685
Stock No:
1CHEEA2010001
Pages:
140
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