Economy of Switzerland - Essay Example

Only on StudentShare

Extract of sample
Economy of Switzerland

The country's political environment too is characterized by a high degree of decentralization with adequate amount of autonomy and authority delegated to the 26 cantons (Datamonitor, 2007).
Macroeconomic indicators happen to be good measure of the economic development of a country as these measures keep track of the life-style of the citizens and the problems faced by them while trying to arrange for the living. Sound macroeconomic indicators help in strengthening the base for a lasting growth of a nation. Some of the macroeconomic indicators over the last couple of years can be summarized for the country as follows;
Gross Domestic Product (GDP) happens to be the key driver of macroeconomic conditions in a country. It is calculated as1 'the total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports'. Switzerland has seen consistent growth in its GDP over the years, but it appears that is not good enough for it to maintain its leading position amongst similarly placed nations. OECD (2007) in its survey, while lauding the high levels of GDP per capita for Switzerland, also expresses concern over the continuous erosion of Switzerland's relative position over the past decade. ...
Download paper


Switzerland a picturesque country, located the heart of Europe is generally known around the world as a dream destination for tourism purposes. Be it a married couple, a old couple re-living down the memory lane or a gala business conference, Switzerland marks the first entry as a purist destination for the purpose…
Author : hoppechad

Related Essays

China and Switzerland
In the world accountability index, Switzerland has been ranked as one of the most accountable countries in the globe. According to recent surveys, government officials ensure that tax payer's money are allocated to the right projects or schemes. China did not rank very well in this survey thus indicating that the Chinese government still has to tackle numerous cases of corruption within its ranks. By encouraging transparency, then resources will be allocated to those who rightfully deserve them thus propagating economic stability and soundness.
10 pages (2510 words) Research Paper
germany economy
In 1948, the Soviets withdrew from the four-power governing bodies and initiated the Berlin blockade, which lasted 11 months. On May 23, 1949, the Federal Republic of Germany (FRG) was established on the territory of the Western Occupied zones and declared full sovereignty on May 5, 1955. On October 7, 1949, the German Democratic Republic (GDR) was established in the Soviet zone with East Berlin as its capital. From that time on, the two largest states were known as "West Germany" and "East Germany," Berlin was divided into East Berlin and West Berlin, with West Berlin completely surrounded by...
13 pages (3263 words) Essay
Airline Industry and the Economy
The shape of the economy is determined by its fiscal and monetary policies, market regulations, capital and export markets, degree of stability and competition, factor endowment and social ahead capital. Fiscal and monetary policies involve government expenditures, money supply, interest rates, currency exchange and inflation rates, and the operation of the banking system. The objectives of fiscal and monetary measures are to keep government from deficit spending and provide stability in money supply, interest rates, prices and the banking system. Once these conditions are emplaced and...
9 pages (2259 words) Essay
Current Immigration Situation in Switzerland
As a result there has been increased migration of people especially to the developed nations where there are economic fortunes. The problem of immigration is not new to the world and has been a constant cause of conflict between nations. For example there has been along standing border conflict between Mexico and the United States due to the problem of immigration. Switzer land has not been spared either and there have been increased migration of people to the nation. Some of the regions in the country have been hosting a large number of immigrants than others. For example St. Gallan is one of...
5 pages (1255 words) Case Study
Small and Medium Enterprises Master Essay
SME also receives integrated solutions which are tailored to their particular requirements, to the right connections, to the secure accesses, also to the professional services and to the intelligent networks. SMEs are the enterprises which are working in order to make the Swiss economy the world's best economy.
14 pages (3514 words) Essay
Critically evaluate the banking system in Switzerland
In 2002, the FBC called for stricter regulations to combat money laundering and the funding of terrorist activities as well thorough regulations in dealing with assets belonging to infamous political figures. An edict calling for eradication of unidentified overseas money transfers was introduced in 2003. These legislation have aimed at streamlining the structures and offer more flexible systems in order to improve competitiveness. 1.2 The Universal system
6 pages (1506 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!