2024

Wildfires can cause large economic, social, and ecological disruptions. A recent study with the participation of KOF analyses how financial markets react to increasing wildfire risks and how this influences the public finances of affected communities.  

At the KOF Economic Forum, Stefan Brupbacher (Swissmem), Benno Keller (Switzerland Global Enterprise) and Hans Gersbach (KOF) discussed the question ‘Geopolitical tensions and bloc formations: does Switzerland need to realign itself?’. Moderated by Sina Freiermuth (SRF), an exciting debate developed on a highly topical subject.

If Donald Trump prevails in the US presidential election on 5 November and introduces the announced trade tariffs, this would lead to global economic losses. The USA itself would suffer the most. However, according to KOF calculations, the Swiss would also be substantially affected with costs of at least CHF 200 per capita per year.

The Swiss tourism sector will continue to grow during the winter season. According to the KOF Tourism Forecast, Swiss guests and travellers from overseas markets such as the US will be the main drivers of the increase in overnight stays.

Martin Wörter is a new member of the Editorial Review Board of the Academy of Management Journal. The journal is one of the most renowned in the field of management.