01680cas a2200241 a 4500 AALejournalIMF005821 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451807417 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Switzerland : 2009 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (61 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Switzerland is affected by the global crisis through the stock effect, the flow effect, and the trade effect. Along with a sharp contraction in exports, investments are now being postponed. Consumption has held up well so far, but as unemployment rises, household spending will lose momentum. The Swiss National Bank has appropriately loosened monetary policy, bringing the policy rates almost to zero. Maintaining financial stability will be essential for ensuring macroeconomic stability and growth in Switzerland. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/164 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/164/002.2009.issue-164-en.xml IMF e-Library