Switzerland: Recent Economic Developments

This paper describes economic developments in Switzerland during the 1990s. Between 1990 and 1993, real GDP fell by a cumulative 11⁄4 percent. The tightening of monetary policy in response to rising inflation in the late 1980s induced a contraction in domestic demand that sent the economy into decli...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1995
Schriftenreihe:IMF Staff Country Reports IMF Staff Country Report No. 95/22
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Zusammenfassung:This paper describes economic developments in Switzerland during the 1990s. Between 1990 and 1993, real GDP fell by a cumulative 11⁄4 percent. The tightening of monetary policy in response to rising inflation in the late 1980s induced a contraction in domestic demand that sent the economy into decline in 1991. This decline was prolonged by the downturn of other European economies during 1992-93, although the latter had only a modest effect on Swiss exports, which continued to grow slowly
Beschreibung:1 Online-Ressource (70 p)
ISBN:1451807120
9781451807127