Switzerland
Article Abstract:
Switzerland's economic recovery in 1994 was triggered by an increase in industrial production. The investment-led economic expansion is projected to bring more than 2% overall GDP growth in 1995. Government deficit in 1994 declined by approximately 4% in 1994 and is expected to drop further in 1995. Monetary policy will remain tight in 1995. The Mexican crisis caused the decline in Swiss short-term rates. The stock market, on the other hand, recorded a total loss of 12% from early 1994 to Jan. 1995.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Australia
Article Abstract:
Australia's economic recovery which started in mid-1993 continued throughout 1994. The country's GDP is expected to grow by as much as 7.3% in 1995, excluding the drought-stricken sector in the estimates. The strong economy is being sustained through the strict implementation of tight fiscal and monetary policies. The Sydney stock exchange posted sluggish growth in 1994, with the share price index down by 15%.
Publication Name: Financial Market Trends
Subject: Business
ISSN: 0378-651X
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: