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The effects of the latest period of Euro appreciation from 2006 to 2007 on the German economy, especially on exports, are cushioned, in the short run, by the regional pattern of foreign buyers, invoicing practices and hedging activities, enterprises' favorable cost development and their currently comfortable profit situation. In the longer run, volume effects (competition effects) may be expected to occur owing to the incomplete pricing-to-market of exporters and importers. Purchasing power effects on real incomes must also be taken into account. Although these two effects have, in some years, had a rather powerful impact on real income growth, their overall impact was virtually neutral on average over the 1993-2007 observation period. [PUB ABSTRACT]
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... the evolution of the Swiss franc exchange rates. As no encompassing theoretical framework ex... drives the evolution of CHF relative to the euro, the US dollar and the 24 main trading partners of...
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... economic downturn – even when its European peer countries fared less well. The country was al... its commitment to enforce a minimum exchange rate of CHF 1.20 per Euro. The financial year 20...
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Switzerland's neighbouring countries have traditionally been its most important trading partners: roughly 58 per cent of the Alpine confederation's ex...
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.... Europäische Wirtschaftsintegration (vgl. Ziff. 3) . In den Bez... Botschaften an die Eidgenössischen Räte diese Zusammenhänge und Querbezüge ausführliche...Das Global Forum on Transparency and Exchange of Information verabschiedet ein neues Mandat und ...
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... appears that Switzerland has escaped the euro crisis unharmed. External trade has already recoup... the monetary sluices and steering exchange rates. In many countries, vast stimulus packages w...
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... desirability of fixed versus flexible exchange rates can be strongly influenced by specific assum... between firms that export mainly to the Euro area and those that mainly export to other countri...
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... attività della Svizzera nel Consiglio d'Europa e un allegato sulla politica estera svizzera dei d... e il Global Forum on Transparency and Exchange of Information. Come membro di questi organismi la... di norme internazionali efficaci e commisu-rate ai rischi. Lo dimostra peraltro il suo impegno in ...
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... expects, or hopes, the Euro-franc exchange rate to be at a reasonable level within five years...
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... dynamic aerospace sector, with growth rates that manufacturers of traditional aircraft can onl... solar arrays and a hydrogen-air proton exchange membrane fuel cell gave the best mission performan...