Oecd Economic Surveys Switzerland 2017

Switzerland continues to provide its citizens with a high standard of living. The economy has shown considerable resilience, most recently to the exchange rate appreciation in 2015. Nevertheless, growth has been too slow to absorb spare capacity or raise income per capita meaningfully.

The Swiss economy has shown resilience but the COVID-19 pandemic continues to raise uncertainty and challenges. Effective government support has helped protect employment and buttress household incomes. Nevertheless, some sectors and groups have been hit hard, with a disproportionate impact on low-middle skilled and low-wage workers.

This 2002 edition of OECD's periodic review of the Swiss economy examines recent economic developments, policies and prospects and includes special features on enhancing the effectiveness of public spending and enhancing potential growth.

Swiss citizens continue to enjoy high living standards on a range of dimensions. Economic growth has slowed but the healthy labour market is still supporting incomes and consumption. However, risks to the outlook are building. Monetary policy has been very accommodative but low interest rates are adding to financial risks. Fiscal policy is sound and debt low. There is scope to make greater use of available fiscal space. Adapting to population ageing is becoming pressing. This trend, along with digital transformation, will bring new opportunities for the economy and society, but challenges as well. Policies have not kept up with rising life expectancy, particularly the statutory retirement age. Updating the pension system and lowering barriers to working longer would ensure that workers continue to receive adequate incomes during retirement.

This 1997 edition of OECD's periodic review of the Swiss economy examines recent economic developments, policiesa and prospects. It includes a special feature on education and training.

OECD's 1967 Economic Survey of Switzerland examines foreign labour in the Swiss economy, recent economic developments, and recent policy developments and draws a series of conclusions.

OECD's 2013 survey of the Swiss economy examines recent economic developments, policies and prospects. Its special chapters cover long-term growth and women's role in the economy.