The Significance of Switzerland's Enormous Current‑Account Surplus
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Switzerland has had a long-standing surplus on its current account. But over the past 15 years that surplus has surged to levels unmatched by nearly any other OECD country at any point. This paper looks at the surplus from a balance of payments vantage point as well as from the optic of the excess of national saving over domestic investment. It...
