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Schweizerische Pflichtlagerhaltung und ihre Finanzierung
[Swiss obligatory stockpiling and its financing]

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  • Gilroy, Bernard Michael

Abstract

Due to the recent renouncement of the public contract governing the financial scheme behind the Swiss obligatory commodity stockpiling arrangement, a new arrangement is needed that will prove acceptable to the engaged parties (the Swiss central bank, the "Schweizerische Bankiervereinigung" and the "Bundesamt für wirtschaftliche Landesversorgung"). The paper examines general implications of obligatory stockpiling and discusses potential methods of financing obligatory Swiss commodity stockpiles. Economic arguments question the desireability of obligatory stockpiles. The decision as to the appropriate mode of financing obligatory stockpiles is basically a political one which should take regard of the economic implications behind the chosen financial arrangement.

Suggested Citation

  • Gilroy, Bernard Michael, 1991. "Schweizerische Pflichtlagerhaltung und ihre Finanzierung [Swiss obligatory stockpiling and its financing]," MPRA Paper 21083, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:21083
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    References listed on IDEAS

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    More about this item

    Keywords

    obligatory stockpiling; financing; Switzerland;
    All these keywords.

    JEL classification:

    • H5 - Public Economics - - National Government Expenditures and Related Policies

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