Switzerland 2011.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development Staff, Corporate Author.

Contributor:

Organisation for Economic Co-operation and Development.

Series:

OECD economic surveys, 0376-6438

OECD economic surveys. Switzerland, 1995-3402 ; v. 2011/suppl. 2

Language:

English

Subjects (All):

Switzerland--Economic conditions.

Switzerland.

Switzerland--Economic policy.

Physical Description:

1 online resource (100 p.)

Place of Publication:

Paris : OECD, 2011.

Language Note:

English

Summary:

The OECD's 2012 Economic Survey of Switzerland examines recent economic developments, policy and prospects; making the tax system less distortive; reducing risks in the financial system and reducing greenhouse gas emissions as well as making a series of policy recommendations

Contents:

""Table of contents""; ""Basic statistics of Switzerland""; ""Executive summary""; ""Assessment and recommendations""; ""The economic recovery has been broadly balanced but risks to the outlook have increased""; ""Figure 1. Real GDP growth and its main contributors""; ""Figure 2. Macroeconomic indicators""; ""Table 1. Short-term economic projections""; ""The strong appreciation of the Swiss franc is threatening the export sector""; ""Figure 3. Current account and main components""; ""Some concerns are emerging that a housing market bubble may start building up""

""Monetary policy needs to remain expansionary""""Fiscal policy should remain prudent""; ""Incentives for households to leverage their wealth should be reduced""; ""Figure 4. Household assets and liabilities in high-income OECD countries, 2009 ""; ""Changes in the tax structure could strengthen potential activity""; ""Cross-border issues in taxation need to be addressed""; ""Box 1. Three key recommendations on improving the tax system""; ""Reform of regulation of the large, internationally active banks is essential to limit potential financial risks""

""Table 2. Banks� total assets in per cent of GDP""""Macroprudential considerations need to be incorporated effectively in prudential regulation""; ""Some reform of the regulatory framework for the small banks active in domestic lending markets would help reduce potential risks further""; ""Box 2. Three key recommendations on reducing risks in the financial system""; ""Meeting greenhouse gas emission reduction targets requires more cost-effective policies""; ""Figure 5. Total per capita greenhouse gas emissions and percentage contributions to greenhouse gas emissions by sector""

""The implicit carbon price in road transport is low""""The policy mix in the residential sector can be made more cost effective""; ""Linking the Swiss and the EU emission trading system will help, but steps are required in the transition to the new system""; ""Box 3. Three key recommendations on reducing greenhouse gas emissions""; ""Annex A1. Progress in structural reforms""; ""Chapter 1. Making the tax system less distortive""; ""The main characteristics of the Swiss tax system""

""Figure 1.1. Swiss tax and compulsory contribution revenues in comparison to tax revenues in neighbouring countries""""Figure 1.2. Expenditure by level of government""; ""Box 1.1. Tax setting powers""; ""Making the tax system more supportive of growth""; ""Shifting taxation from direct to indirect taxes would reduce economic distortions""; ""Table 1.1. Structure of tax revenue""; ""Figure 1.3. VAT revenue ratio ""; ""Table 1.2. Property taxes""; ""Reducing the overall contribution wedge on labour""

""Figure 1.4. Total contribution wedge and total tax wedge on labour income by main family type and wage levels in international comparison""

Notes:

"January 2012"--Cover.

Includes bibliographical references.

ISBN:

92-64-09432-6