The 'New Normal' of the Swiss Balance of Payments in a Global Perspective: Central Bank Intervention, Global Imbalances and the Rise of Sovereign Wealth Funds

Author:

Senner Richard,Sornette Didier

Publisher

Elsevier BV

Reference99 articles.

1. Le fonds souverain pourrait-il �tre un antidote au franc fort?;Le Matin Dimanche 6 Septembre,2015

2. 21, ibidem, translation by the author) and that a Swiss sovereign fund would be subject to exchange rate risks -ignoring the overall economic objective (p.24, ibidem). Furthermore, the authors state that the SNB should be able to sell all their assets within a short period of time;For example, the authors state that funds like the Chinese Investment Corporation are "by the way rare

3. La BNS est d�j� un fonds souverain"); see the summary by S�bastien Dubas, LE TEMPS;Jean-Pierre Roth;previous chairman of the SNB, has pointed out that the SNB is already a sovereign fund,2016

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