Switzerland: Selected Issues

International Monetary Fund

No 2002/107, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper examines economic growth in Switzerland. It attempts to analyze whether slow growth is inescapable for Switzerland. The paper suggests that income convergence across countries contributes significantly to slow relative growth in Switzerland, but experience in several advanced industrial countries reinforces the view that slow growth is not inescapable. Higher growth will require raising total factor productivity growth, which remains low by international standards, and to a lesser extent, raising the investment rate.

Keywords: ISCR; CR; Switzerland; capital; net; productivity growth; phasing-out wealth taxes; capital transaction tax; investment rate; interest income; productivity gain; capital tax burden; Productivity; Total factor productivity; Pension spending; Labor productivity; Employment; Global (search for similar items in EconPapers)
Pages: 36
Date: 2002-06-03
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Citations: View citations in EconPapers (4)

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