Switzerland in 2004
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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ECOA119 |
For delivery in electronic format: Rs.
300;
For delivery through courier (within India): Rs.
300 + Shipping & Handling Charges extra
Themes- |
| Case Length |
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14 Pages |
| Period |
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2004 |
| Organization |
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| Pub Date |
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2004 |
| Teaching Note |
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Not Available |
| Countries
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Switzerland |
| Industry |
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Abstract:
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One of the smallest and most prosperous nations in the world, Switzerland,
symbolises: democracy; fairness; stability; quality; meticulousness;
punctuality; thrift; efficiency; hospitality; openness; and political
neutrality. The country is well known for its watches and chocolates. For a
small, landlocked country of 7 million people with a difficult geography and no
natural resources to speak of, the Swiss economy has done remarkably well for
several decades. But since the early 1990s, Switzerland's income per head has
been almost static. One reason is it's over dependence on exports. The country
suffered badly in the early 2000s when the dotcom bubble burst, stock markets
collapsed and other economies slowed down.
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Switzerland has also seen a huge rise in
public expenditure in recent years. Spending on health care and
disability pensions have gone out of control. Also, with an
ageing population, retirement pension is becoming a major
concern. The unemployment rate has reached high levels by the
country's standards and is showing no signs of coming down.
Contents:
Keywords:
Switzerland, Swiss economy, OECD (Organisation of Economic
Co-operation and Development), The oldest democracy, Swiss watches, Swiss
chocolate, European Free Trade Agreement, European Economic Area, Swiss franc,
GDP (gross domestic product), Swiss People's Party (SVP), Swiss Confederation,
Swiss National Bank (SNB), Pascal Couchepin, UBS (Union Bank of Switzerland)
Switzerland in 2004
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