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Hildebrand urges economic reforms

This content was published on Oct 8, 2003 But Philipp Hildebrand says such a process might entail short-term “pain”, including rising unemployment as uncompetitive industries are forced to restructure. He said the best way to sustain Swiss retirement and social welfare programmes was to “invigorate” economic growth. Hildebrand added that a rise in productivity, leading to higher economic growth rates, was of paramount…