Rehn-Meidner model, Switzerland, inflation, monetary policy, price stability, economic stability, competitiveness
One of the key elements of the Rehn-Meidner model is the control of inflation. Indeed, the model advocates maintaining moderate inflation to avoid negative effects on the competitiveness of businesses. This can be achieved by adopting appropriate monetary and budgetary policies, among other measures.
[...] Could some elements of the Rehn-Meidner model be introduced in Switzerland today? - Low Inflation One of the key elements of the Rehn-Meidner model is the control of inflation. Indeed, the model advocates maintaining moderate inflation to avoid negative effects on the competitiveness of businesses. This can be achieved by adopting appropriate monetary and budgetary policies, among other measures. Regarding Switzerland, it is worth noting that the country has traditionally maintained a policy focused on price stability. The Swiss National Bank (SNB) has, as its main objective, the stability of prices, with a low inflation target. [...]
[...] In summary, before introducing elements of the Rehn-Meidner model in Switzerland, it would be necessary to consider these specificities and conduct a thorough analysis of their applicability. But we can still assert that this model has proven itself in the states that implement it. Bibliography Erixon, L., (2010). The Rehn-Meidner Model in Sweden: Its Rise, Challenges and Survival (Journal of Economic Issues). Taylor & Francis, Ltd. Ekholm, E., (2010). The Swedish model and the Rehn-Meidner model. I N T E R N A T I O N E L L A H A N D E L S H Ö G S K O L A N. [...]
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