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News

Switzerland Economic Survey 2011: Economic situation, analysis and projection

24-Jan-2012

Switzerland’s recovery has been broadly balanced but the drastic appreciation threatens exports. At the same time, there is a risk that a housing bubble could develop linked to unusually low interest rates. This survey discusses policies that would help Switzerland deal with this situation.

Switzerland: Financial markets

24-Jan-2012

Despite some deleveraging, the Big-2 Swiss banks remain too-big-to-fail, representing a major potential risk for the economy. This survey discusses to which extent the recently approved legislation to address the “too-big-to-fail” problem will be able to reduce these risks.

Switzerland: Taxation and tax policy

24-Jan-2012

There is scope for Switzerland to increase growth and equity through reforms of the tax system on all levels of government. See this survey of how this could be achieved in detail.

Switzerland: Environment and sustainable development

24-Jan-2012

While the level of greenhouse gas emissions is low in Switzerland, meeting emission reduction targets with the existing policies will be difficult. This survey discusses how Switzerland could reduce greenhouse gas emissions in a more cost effective way.

Reducing inequality while boosting economic growth is possible, says OECD

23-Jan-2012

New OECD research – part of the wider Going for Growth structural reform programme -  demonstrates how labour market reforms, tax and transfer systems, and  high-quality education can yield a double dividend: boosting GDP while reducing income inequality.

Under shock: How to spread macroeconomic risks more fairly

23-Jan-2012

Macroeconomic crises and shocks often cause large and unforeseen income and employment losses. Such losses tend to be unevenly spread across the population, often with the greatest impact on the poor and most vulnerable sections of society.

The nature of financial and real business cycles: the great moderation and banking sector pro-cyclicality

19-Jan-2012

This paper takes a fresh look at the nature of financial and real business cycles in OECD countries using annual data series and shorter quarterly and monthly economic indicators.

Fiscal policy in Chile: more could be done to strengthen the Fiscal framework

17-Jan-2012

Chile’s fiscal rule has served the country well, but more could be done to streghen its fiscal framework. An independent fiscal council would contribute to maintaining the transparency of the fiscal rule and its  accountability. Higher tax revenues will be needed to finance long-term spending increases.

Human capital in Chile: further efforts needed to improve quality of education

17-Jan-2012

Notwithstanding recent progress, Chile should make further efforts to improve the quality of education and ensure more equal access to enhance productivity performance and lower inequality.

Housing in Chile: good progress, but...

17-Jan-2012

Chile has made good progress in improving housing conditions, but more needs to be done to improve access to quality housing, reduce residential segregation and enhance mobility.




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