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Switzerland's Economy: The Swiss Phenomenon Essay Words 9 Pages “One of the world’s countries least blessed with physical resources has come to be, arguably, the most successful economy in the world, as well as a nation with pervasive religions and linguistic divisions that enjoys profound social tranquility.” (Fossedal, ).
Oct 31, · The Swiss economy’s sweet spot might not last much longer. Credit Suisse’s gauge of economic expectations sank to a three-year low on Wednesday, adding to signs of concern from companies. The. Switzerland’s long history of political stability, neutrality in world affairs, and direct democracy system has created the backbone to what has been called “the Swiss phenomenon” by National Geographic.
Switzerland’s economy is built on a highly skilled labor force and a strong service sector. Switzerland, despite being only the size of Vermont and New Hampshire combined, and having a desolate amount of natural resources, is one of the richest countries in the world.
Indeed, Switzerland boasts more than army knives and chocolate; it claims a GDP per capita of $42, among the highest in the world. The economy of Switzerland is one of the world's most stable economies.
Its policy of long-term monetary security and political stability has made Switzerland a safe haven for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment.
Because of the country. Essay about Switzerland: Switzerland and Switzerlands Native Population History Switzerland is a small country located in the heart of Central Europe and shares a lot of its culture and history with Germany, Austria, and France.Switzerlands economy the swiss phenomenon essay