|
|
|
|
| LEADER |
03234nmm a2200673 u 4500 |
| 001 |
EB002082023 |
| 003 |
EBX01000000000000001222113 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
220928 ||| eng |
| 020 |
|
|
|a 9781513585604
|
| 245 |
0 |
0 |
|a Switzerland: 2021 Article IV consultation-Press Release; Staff Report; Staff Statement; and Statement by the Executive Director for Switzerland
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2021
|
| 300 |
|
|
|a 69 pages
|
| 651 |
|
4 |
|a Switzerland
|
| 653 |
|
|
|a Interest rates
|
| 653 |
|
|
|a Health
|
| 653 |
|
|
|a Income
|
| 653 |
|
|
|a Infectious & contagious diseases
|
| 653 |
|
|
|a Finance
|
| 653 |
|
|
|a Deflation
|
| 653 |
|
|
|a Exports and Imports
|
| 653 |
|
|
|a National accounts
|
| 653 |
|
|
|a International organization
|
| 653 |
|
|
|a International institutions
|
| 653 |
|
|
|a International Economics
|
| 653 |
|
|
|a Negative interest rates
|
| 653 |
|
|
|a Macroeconomics
|
| 653 |
|
|
|a Diseases: Contagious
|
| 653 |
|
|
|a Communicable diseases
|
| 653 |
|
|
|a International Agreements and Observance
|
| 653 |
|
|
|a COVID-19
|
| 653 |
|
|
|a Inflation
|
| 653 |
|
|
|a International Organizations
|
| 653 |
|
|
|a Pension spending
|
| 653 |
|
|
|a Short-term Capital Movements
|
| 653 |
|
|
|a Monetary economics
|
| 653 |
|
|
|a International agencies
|
| 653 |
|
|
|a Current Account Adjustment
|
| 653 |
|
|
|a Balance of payments
|
| 653 |
|
|
|a Aggregate Factor Income Distribution
|
| 653 |
|
|
|a International economics
|
| 653 |
|
|
|a Health Behavior
|
| 653 |
|
|
|a Expenditure
|
| 653 |
|
|
|a Price Level
|
| 653 |
|
|
|a Prices
|
| 653 |
|
|
|a Monetary policy
|
| 653 |
|
|
|a Interest Rates: Determination, Term Structure, and Effects
|
| 653 |
|
|
|a Monetary Policy
|
| 653 |
|
|
|a Public Finance
|
| 653 |
|
|
|a Money and Monetary Policy
|
| 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 10.5089/9781513585604.002
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2021/130/002.2021.issue-130-en.xml?cid=460893-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a Switzerland has navigated the COVID-19 pandemic well. The pandemic has had major social and economic impacts, but an early, strong, and sustained health and economic policy response helped contain the contraction of activity. Coordinated efforts targeting households and firms stemmed a loss of purchasing power and a rise of unemployment and bankruptcies. Recovery has commenced, but uncertainty and risks remain high, dominated by pandemic dynamics. The rebound should deepen, as vaccination proceeds, containment is eased, and domestic and global demand picks up. Fiscal support has been rightly extended in 2021, and monetary policy remains accommodative. Policies should remain supportive until there are clear signs of sustained recovery; the authorities should expand support if needed. Redirection to fostering green, digital transformation with attention to low-income earners will be needed, including to ensure that prolonged emergency support does not hinder structural changes in the economy
|