What Is Going to Happen to Switzerland?

Question 1: Has the Swiss semipolitical dodging helped the Swiss economy benefit from European integration? Has it led to an allow response to the difficulties experienced in the euro area? Answer: The political system has helped Swiss economy get downtained its neutrality and license from EU while also enjoy all the benefits from European integration. Although the Swiss government has tried to curb Eurozone difficulties by pegging CHF to Euro, dominance of this measure has been limited. 1) Swiss political system is st sufficient, highly deconcentrate and independent (direct democracy) and hence is very attractive to foreign investors flavour for for stable governments. Most of the decisions are taken based on majority of votes and hence in some sense on that point is no real opposition and limited corruption. The system is divided up into lottons, communes and hence individuals have quick entry to the government. Further, even individuals can draft initia tives on which everyone can vote. due(p) to this direct democracy, Switzerland is able to enjoy neutrality and independence from former(a) countries. This stability is clearly reflected in stable GDP addition (about 2-3%), low unemployment rate, self-consistent private investment, government spending and debt as % GDP minify over time.

This stability (and other sparing factors such as taxes) was in part responsible for attracting corporations towards Switzerland. 2) Switzerlands desire to maintain autonomy forced it to establish symmetric agreements with EU; victor of these agreements have de-incentivized Switzerland from joining EU. Switzerlan! d did not enter EU primarily because of voters did not extremity Switzerland to loose its autonomy. However, geographically speaking, Switzerland is crucial for EU as Switzerland is in the middle of EU zone and faultfinding to have free movement of goods and project through Switzerland. Hence, EU negotiated bilateral agreements with Switzerland. These agreements helped Swiss economy gain...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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