What Is Going to Happen to Switzerland?

Question 1: Has the Swiss governmental system of rules 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 gravetained its neutrality and independence 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, speciality of this measure has been limited. 1) Swiss political system is st sufficient, highly decentralize and independent (direct democracy) and hence is very attractive to foreign investors look 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 accession to the government. Further, even individuals can dra ft initiatives on which everyone can vote. collectible to this direct democracy, Switzerland is able to enjoy neutrality and independence from other(a) countries. This stability is clearly reflected in stable GDP egress (about 2-3%), low unemployment rate, self-consistent private investment, government spending and debt as % GDP minify over time.

This stability (and other economical factors such as taxes) was in part responsible for attracting corporations towards Switzerland. 2) Switzerlands desire to maintain autonomy forced it to establish bilaterally symmetrical agreements with EU; victor of these ag reements have de-incentivized Switzerland fr! om joining EU. Switzerland did not enter EU primarily because of voters did not command 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 apprehend 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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