Switzerland : Recent Economic Developments.

This paper reviews economic developments in Switzerland during 1990-95. In the early 1990s, Switzerland experienced an unusually long recession, which bottomed out in the middle of 1993. Since then, the economy has returned to positive growth, with the main impulses coming from commodity exports and...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/031
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Switzerland during 1990-95. In the early 1990s, Switzerland experienced an unusually long recession, which bottomed out in the middle of 1993. Since then, the economy has returned to positive growth, with the main impulses coming from commodity exports and private investment. There was renewed growth in gross capital formation of close to 6 percent in 1994, reflecting improved business confidence deriving mainly from growing export orders. Investment in machinery and equipment, in particular, was the sole component of domestic demand to grow strongly.
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Physical Description:1 online resource (51 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students