With the recent tensions within the euro area, the Swiss franc appreciated sharply against the euro, playing the role of international safe-haven currency. Although Switzerland is not a member of the European Union (EU), its high degree of de facto integration to it make that such appreciation...

"Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks...

Ce travail de recherche a été mené depuis le printemps 2012 jusqu'à l'automne 2013 et nous a amenés à enquêter auprès de 40 SCOP. Dans la première partie de ce rapport, nous présentons les éléments saillants de nos observations qui sont ressortis comme récurrents dans un grand...