Country Report Switzerland

Project Report from the year 2006 in the subject Business economics - Economic Policy, University of North Florida, language: English, abstract: Switzerland's economy is very stable and well-known for its monetary security and banking system. Due to its rather small size and high labor specialization, industry and trade are economic key factors. Throughout the 20th century, Switzerland maintained its position as wealthiest country of Europe. The 1990s, however, changed Switzerland's economic position due to various reasons. The following section will examine economic coefficients which are important for international trade, such as exports, imports, and foreign investment. Besides, the paper will take a closer look at Gross Domestic Product (GDP) development and other facts which allow us to analyze Switzerland's economic well-being. The historic data is based on Rais' and Stauffer's overview of Switzerland's trade cycle history from 1990 until 2002. Recent trends are compiled of sources coming from Wikipedia's Online Encyclopedia, the World Bank, and the OECD.