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161223 ||| eng |
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|a 9781513553603
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|a Switzerland
|b Staff Report for the 2015 Article IV Consultation
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|a Washington, D.C.
|b International Monetary Fund
|c 2015
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|a 72 pages
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|a Switzerland
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|a Currency
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|a Banks
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|a Mortgages
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|a Banking
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|a Prices
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|a Housing prices
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|a Income
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|a National accounts
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|a Property & real estate
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|a Inflation
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|a Depository Institutions
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|a Real Estate
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|a Micro Finance Institutions
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|a Housing
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|a International Financial Markets
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|a Foreign exchange
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|a Price Level
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|a Aggregate Factor Income Distribution
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|a Macroeconomics
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|a Industries: Financial Services
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|a Foreign Exchange
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|a Financial institutions
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|a Banks and Banking
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|a Finance
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|a Banks and banking
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|a Exchange rates
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|a Housing Supply and Markets
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|a Deflation
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|a International Monetary Fund
|b European Dept
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports
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|a 10.5089/9781513553603.002
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|u https://elibrary.imf.org/view/journals/002/2015/132/002.2015.issue-132-en.xml?cid=42954-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This 2015 Article IV Consultation highlights that Switzerland’s economy has performed relatively well in the aftermath of the global financial crisis, with growth reaching 2 percent in 2014. However, the economic environment became more complicated in late 2014, as increased capital inflows forced the Swiss National Bank (SNB) to start intervening heavily to defend its exchange rate floor of 1.20 francs per euro. Over the medium term, the economy is expected to recover gradually. As the economy adjusts to the exchange rate appreciation, growth is projected to rise gradually back to about 2 percent over the medium term while inflation increases to about 1 percent
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