Swiss sovereign money vote points up bank reform

A clear majority voted against a sovereign money initiative in a referendum, but pressure for bank reform persists

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In this article

  • Motivations
  • Criticisms
  • Banks and money creation
  • Sovereign money and a crisis
  • Stabilising credit
  • Redistribution risk
  • Macroeconomic stability

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.