Current Account Surpluses and the Interest Rate Island in Switzerland

Preprint OPEN
Paolo Mauro;
  • Subject: Balance of payments;Investment;Switzerland;foreign assets, net foreign assets, foreign currency, foreign exchange, international standards

This paper describes some long-run aspects of the Swiss balance of payments, highlighting two macroeconomic phenomena that make Switzerland stand out among other countries: first, it has had a persistent current account surplus and the largest ratio of net foreign asset... View more
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