Schweizerische Pflichtlagerhaltung und ihre Finanzierung
Swiss obligatory stockpiling and its financing
Bernard Gilroy
MPRA Paper from University Library of Munich, Germany
Abstract:
Due to the recent renouncement of the public contract governing the financial scheme behind the Swiss obligatory commodity stockpiling arrangement, a new arrangement is needed that will prove acceptable to the engaged parties (the Swiss central bank, the "Schweizerische Bankiervereinigung" and the "Bundesamt für wirtschaftliche Landesversorgung"). The paper examines general implications of obligatory stockpiling and discusses potential methods of financing obligatory Swiss commodity stockpiles. Economic arguments question the desireability of obligatory stockpiles. The decision as to the appropriate mode of financing obligatory stockpiles is basically a political one which should take regard of the economic implications behind the chosen financial arrangement.
Keywords: obligatory stockpiling; financing; Switzerland (search for similar items in EconPapers)
JEL-codes: H5 (search for similar items in EconPapers)
Date: 1991
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Journal Article: Schweizerische Pflichtlagerhaltung und ihre Finanzierung (1991) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:21083
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