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The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, and...
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This 2018 Article IV Consultation highlights that the Swiss economy has adjusted to the large cumulative exchange rate appreciation that took place since the global financial crisis. After a subdued start to 2017, GDP growth accelerated to 1.1 percent in 2017, and the positive momentum continued...
Persistent link: https://www.econbiz.de/10011913164
Switzerland. With the exchange rate floor in place for more than one year, the Swiss economy has been relatively stable. Although … performance in some sectors. Executive Directors noted that, notwithstanding Switzerland’s stable economy and strong policy …
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This 2023 Article IV Consultation with Switzerland discusses that growth slowed in 2022, while inflation became a new …
Persistent link: https://www.econbiz.de/10015059384
Recovery was strong in 2021, but there are headwinds from the war in Ukraine. 2021 output was 1 percent higher than in 2019, but 2 percent below pre-Covid trends; unemployment is back to pre-crisis levels. Inflation has picked up (2.5 percent in April), but below other advanced economies. Strong...
Persistent link: https://www.econbiz.de/10015060356
KEY ISSUES Switzerland has once again had to contend with capital flow volatility. Following the exit from the exchange … policy to support aggregate demand is limited by Switzerland’s fiscal rule and the small, open nature of Switzerland …, Switzerland faces a number of structural challenges; the authorities’ ongoing efforts to address them are welcome and should …
Persistent link: https://www.econbiz.de/10014412264
This 2014 Article IV Consultation outlines that the growth of the Swiss economy has gathered pace, but inflation remains close to zero. The recovery is expected to continue and inflation should rise gradually although the output gap will progressively close. The fiscal position is healthy, with...
Persistent link: https://www.econbiz.de/10014411330
Growth is recovering gradually (projected at 1.3 percent in 2024) after slowing in 2023 (0.8 percent). A tight monetary stance and disinflation abroad have brought inflation within SNB’s 0–2 percent price stability range, and the SNB lowered its policy rate in March 2024, ahead of other...
Persistent link: https://www.econbiz.de/10015080314