Switzerland's Politics and Economy
Executive Summary
With its high per capita income and its prosperous and liberal trade-based economy, Switzerland presents much opportunity for foreign import and export businesses. The country's close links to the economies of Western Europe and the United States provides private business with a strategic point of entry into the European market. After the economic setback in the mid-1990s, Switzerland has bounced back with steady economic growth since 1997. The country saw an economic growth rate of 2.2 percent in 2002, a rate that many economists believe will continue in the long-term.
This growth is further fueled by the country's liberal trade and investment policies. A legal ...
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European Union continues to be the country's largest trading partner. The United States, however, is also an important trading partner and is the second-largest importer of Swiss goods. In 2000, US-Swiss bilateral trade surpassed $20 billion.
Given these figures, there is much opportunity for American investments in Switzerland, particularly in areas such as tourism, banking and manufacturing. The country's democratic government, political stability and continued predictions for economic growth, Switzerland provides an attractive opportunity for American business and investment.
Basic Facts
Geography
Switzerland, officially known as the Confoederatio Helvetica, is a small mountainous federal republic located in Western Europe. The landlocked country is bordered by France to the west, Germany to the north, by Austria and Liechtenstein to the east and by Italy to the south. More than 70 percent of the country is covered by the Swiss Alps and the Jura mountain ranges. ...
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the United States, Switzerland has a strong Christian tradition. A slight majority of the Swiss population are Roman Catholics, with 46.1 percent. This figure is closely followed by the Protestant group, who constitute 40 percent of the country's population (CIA World Factbook).
History
Swiss history dates back to pre-Roman times, when the area was inhabited by the Helvetic Celts. Julius Caesar conquered the region in 1 AD, and the territory became a Roman province until 4 AD. During this time, the Romans established the cities of Geneva, Basel and Zurich, which were linked through military roads.
The 4th century AD saw the invasion of Germanic tribes such as the Alemannni ...
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Switzerland's Politics and Economy. (2016, February 7). Retrieved November 22, 2024, from http://www.essayworld.com/essays/Switzerlands-Politics-and-Economy/105417
"Switzerland's Politics and Economy." Essayworld.com. Essayworld.com, 7 Feb. 2016. Web. 22 Nov. 2024. <http://www.essayworld.com/essays/Switzerlands-Politics-and-Economy/105417>
"Switzerland's Politics and Economy." Essayworld.com. February 7, 2016. Accessed November 22, 2024. http://www.essayworld.com/essays/Switzerlands-Politics-and-Economy/105417.
"Switzerland's Politics and Economy." Essayworld.com. February 7, 2016. Accessed November 22, 2024. http://www.essayworld.com/essays/Switzerlands-Politics-and-Economy/105417.
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