Switzerland Staff Report for the 2015 Article IV Consultation

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 t...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02416nmm a2200577 u 4500
001 EB001308727
003 EBX01000000000000000893339
005 00000000000000.0
007 cr|||||||||||||||||||||
008 161223 ||| eng
020 |a 9781513553603 
245 0 0 |a Switzerland  |b Staff Report for the 2015 Article IV Consultation 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2015 
300 |a 72 pages 
651 4 |a Switzerland 
653 |a Currency 
653 |a Banks 
653 |a Mortgages 
653 |a Banking 
653 |a Prices 
653 |a Housing prices 
653 |a Income 
653 |a National accounts 
653 |a Property & real estate 
653 |a Inflation 
653 |a Depository Institutions 
653 |a Real Estate 
653 |a Micro Finance Institutions 
653 |a Housing 
653 |a International Financial Markets 
653 |a Foreign exchange 
653 |a Price Level 
653 |a Aggregate Factor Income Distribution 
653 |a Macroeconomics 
653 |a Industries: Financial Services 
653 |a Foreign Exchange 
653 |a Financial institutions 
653 |a Banks and Banking 
653 |a Finance 
653 |a Banks and banking 
653 |a Exchange rates 
653 |a Housing Supply and Markets 
653 |a Deflation 
710 2 |a International Monetary Fund  |b European Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781513553603.002 
856 4 0 |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 
082 0 |a 330 
520 |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