Economics Department

Economic Survey - Switzerland 2003 (January 2004)

 

The OECD assessment and recommendations on the main economic challenges faced by Switzerland are available by clicking on each chapter heading below.

Macroeconomic developments and main policy challenges
What are the main challenges for the Swiss economy? How was recent macroeconomic performance? How can monetary policy strengthen the recovery? How urgent is the need to put federal finances back on track

Medium‑ and long‑term fiscal policy challenges
When and how should the Confederation accounts be balanced? How to improve the operation of the debt containment rule? What reforms are needed for the pension schemes? Should there be a rapid adjustment in pension fund balance sheets?

Product market competition and economic performance

How essential is enhancing competition for boosting growth? What needs to be done to improve the general competition framework? What reforms are needed in network industries? How could the service sector’s dynamism be strengthened? How could excessive costs be reduced in the health sector? How could the fragmentation of the public procurement market be reduced further? Should reform in agriculture be accelerated?

Two extracts of special interest: 
The scope for protection from parallel imports should be reduced (pdf format)
The health sector is suffering from regulatory problems (pdf format)
See also ECO Working Paper 383: Product market competition and economic performance in Switzerland 

Other structural reforms to maintain high living standards
What further reforms are needed in the financial sector? How could participation of old and female workers be enhanced? How to finance reforms in education? How should climate change policy be shaped? Would waste management and water pollution control benefit from greater use of economic instruments?

A printer-friendly Policy Brief   (pdf format) may also be downloaded.  The Policy Brief contains the OECD assessment and recommendations.

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The full edition of the OECD Economic Survey for Switzerland is available from :

 

 

 

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