IMF Staff Country Reports

Switzerland: Recent Economic Developments

May 7, 1996

Preview Citation

Format: Chicago

Switzerland: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed September 20, 2024

Summary

This paper reviews economic developments in Switzerland during 1990–95. In the early 1990s, Switzerland experienced an unusually long recession, which bottomed out in the middle of 1993. Since then, the economy has returned to positive growth, with the main impulses coming from commodity exports and private investment. There was renewed growth in gross capital formation of close to 6 percent in 1994, reflecting improved business confidence deriving mainly from growing export orders. Investment in machinery and equipment, in particular, was the sole component of domestic demand to grow strongly.

Subject: Exchange rates, Foreign exchange, Labor, Monetary base, Money, Unemployment, Unemployment rate, Wages

Keywords: Appreciation, Balance of payments, Competition law, CR, Debt ratio, Europe, Exchange rate appreciation, Exchange rates, Federal deficit, GDP deflator, General government development, Goods price, Government, Inflation, Inflation rate, ISCR, Monetary base, Net, Target path, Unemployment, Unemployment rate, Wages

Publication Details

  • Pages:

    51

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1996/031

  • Stock No:

    1CHEEA0011996

  • ISBN:

    9781451807134

  • ISSN:

    1934-7685

Notes

This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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