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Banking in Switzerland (Paperback, Softcover reprint of the original 1st ed. 1993)
Loot Price: R2,876
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Banking in Switzerland (Paperback, Softcover reprint of the original 1st ed. 1993)
Series: Studies in Contemporary Economics
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Oliver Landmann Nobody needs to be convinced of the importance of
banking for the Swiss economy. The financial sector grew well above
average in the past decade and now accounts for almost 10 % of GDP.
Compared to the economy-wide average, it creates more than double
as much value added per employee and it is a major contributor to
Swiss ex port revenues. But this is no cause for complacency. The
industry is subjf: ct to rapid change as the competitive climate
has become rougher nationally and internationally. Major structural
weaknesses have corne to the surface which raise serious questions
about the extent of the required structural adjustments. Thus,
banking was an ideal candidate for a major case study in the
framework of the National Research Programme No. 28 which is
devoted to Switzerland's external economic challenges. The
programme was commissioned by the Swiss government and is carried
out by the Swiss National Science Foundation. The research project
on the fmancial sector was directed by Professors Niklaus Blattner,
Hans Genberg and Alexander Swoboda who assembled a team of research
economists from the Graduate Institute of International Studies,
the International Centre for Monetary and Banking Studies (both at
Geneva) and the Labour and Industrial Economics Research Unit at
the University of Basel. This joint research effort has yielded an
impressive crop of descriptive data, analytical insights and
policy-oriented conclusions."
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