Why is Switzerland so rich?
a day ago
- #Liberal Policies
- #Switzerland
- #Economic Growth
- Switzerland's wealth and prosperity compared to the rest of Europe
- Key factors contributing to Swiss success: neutrality, stable institutions, liberal economic governance
- Switzerland's pro-market populace and policies: low corporate taxes, flexible labor laws, free trade agreements
- Historical context: Liberal dominance post-1848 civil war and institutional lock-in
- Economic growth drivers: abolition of internal tariffs, nationwide currency, railway expansion
- Switzerland's shift from agriculture to industry and then to a diversified service economy
- Challenges to Swiss exceptionalism: recent welfare expansions and EU negotiations
- Switzerland as a potential model for European economic rebound