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The tax burden in Switzerland is low in international comparison, largely reflecting the substantial non-tax compulsory contributions towards the health and pension systems which are managed by private institutions. Taxation of personal income and labour earnings is relatively high, whereas the taxation of consumption is low.
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Switzerland has low greenhouse gas emissions per capita as compared to other countries, which reflects the strong reliance on energy sources emitting few greenhouse gas emissions, especially in electricity generation, and little heavy industry.
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While the recovery has been broadly balanced, risks to Switzerland’s outlook increase. This Survey discusses policies to increase growth more durably, reduce incentives to leverage wealth, reduce financial market risks, and render environmental policy more cost-effective.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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Switzerland has made a broadly balanced recovery from the economic crisis, but slower activity in Europe and pressures on the Swiss franc weigh on the near-term outlook, according to the latest Economic Survey of Switzerland.
Switzerland has made a broadly balanced recovery from the economic crisis, but slower activity in Europe and pressures on the Swiss franc weigh on the near-term outlook, according to the OECD Secretary-General.
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Public spending per pupil on pre-primary education is low in international comparison whereas spending on tertiary academic education per graduate is among the highest in the OECD.
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10-March-2010
English, , 118kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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While Switzerland has weathered the global crisis better than other OECD economies, challenges remain for monetary and fiscal policies, as well as financial market regulation.
While Switzerland has weathered the crisis better than other OECD countries, it may have a lasting impact on the Swiss economy. The need for further structural reforms results from fiscal sustainability issues related to ageing and weak trend productivity growth.
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