{
  "title": "Growth in Switzerland: Can Better Growth Be Sustained?",
  "publication": "IMF Working Papers, September 1, 2002",
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  "summary": "Swiss growth performance in the past quarter century has been mediocre. The paper finds that conditional income convergence contributes significantly to slow growth and the poor performance of the domestically oriented sectors has been a drag on growth. However, slow growth is not inescapable.",
  "sections": [
    {
      "heading": "Main findings",
      "content": "- Swiss growth performance in the past quarter century has been mediocre.\n- Conditional income convergence contributes significantly to slow growth.\n- The poor performance of the domestically oriented sectors has been a drag on growth.\n- Total factor productivity growth remains low by international standards and is a key constraint on faster growth.\n- Raising the investment rate is necessary to achieve faster growth.\n- Further progress in structural reform could sustain the underlying growth rate at about 2 percent in the next few years."
    },
    {
      "heading": "Policy implications and recommendations",
      "content": "- Implement structural reforms to raise total factor productivity growth.\n- Increase the investment rate to support higher growth.\n- Address weaknesses in domestically oriented sectors to reduce their drag on aggregate growth."
    },
    {
      "heading": "Publication and metadata",
      "content": "- Author: Anastassios Gagales\n- Publication date: September 1, 2002\n- Series: Working Paper No. 2002/153\n- Issue: 153\n- Volume: 2002\n- Pages: 26\n- DOI: https://doi.org/10.5089/9781451857160.001\n- Stock No: WPIEA1532002\n- ISBN: 9781451857160\n- ISSN: 1018-5941\n\nSource: IMF Working Paper \"Growth in Switzerland: Can Better Growth Be Sustained?\" by Anastassios Gagales (September 1, 2002).\n\n---\n\n Content in this bundle\n\n- Growth in Switzerland: Can Better Performance Be Sustained? - WP/02/153\n  - Growth in Switzerland: Can Better Performance Be Sustained? - WP/02/153 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Growth in Switzerland: Can Better Performance Be Sustained? - WP/02/153 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/growth-in-switzerland-can-better-growth-be-sustained-15976"
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    "Authors: Anastassios Gagales",
    "Published: September 1, 2002",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451857160.001",
    "Swiss growth performance in the past quarter century has been mediocre.",
    "Conditional income convergence contributes significantly to slow growth.",
    "The poor performance of the domestically oriented sectors has been a drag on growth.",
    "Total factor productivity growth remains low by international standards and is a key constraint on faster growth.",
    "Raising the investment rate is necessary to achieve faster growth.",
    "Further progress in structural reform could sustain the underlying growth rate at about 2 percent in the next few years.",
    "Implement structural reforms to raise total factor productivity growth.",
    "Increase the investment rate to support higher growth.",
    "Address weaknesses in domestically oriented sectors to reduce their drag on aggregate growth.",
    "Author: Anastassios Gagales",
    "Publication date: September 1, 2002",
    "Series: Working Paper No. 2002/153",
    "Issue: 153",
    "Volume: 2002",
    "Pages: 26",
    "DOI: https://doi.org/10.5089/9781451857160.001",
    "Stock No: WPIEA1532002",
    "ISBN: 9781451857160",
    "ISSN: 1018-5941",
    "**Growth in Switzerland: Can Better Performance Be Sustained? - WP/02/153**"
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