Switzerland in 2004

            
 
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Case Details:

Case Code : ECOA119
Case Length : 14 Pages
Period : 2004
Organization : -
Pub Date : 2004
Teaching Note :Not Available
Countries : Switzerland
Industry : -

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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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Excerpts

Profile

Switzerland was located in central Europe, with Germany to the north, Austria to the east, Italy to the south and France to the west. Placed high in the Alpine region of central Europe, most of the country's land area was too mountainous to permit any great density of population...

History

Switzerland was part of the Holy Roman Empire until 1499 when it gained independence. In 1515, Switzerland declared its neutrality after nearly being defeated by the French and the Venetians. In 1648, the Peace of Westphalia concluded the Thirty Years' War in Europe and recognized Swiss independence...

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The Economy

With almost all its infrastructure in tact, Switzerland started with a huge advantage after the second world war. But as other countries started rebuilding their economies, the advantage was gradually eroded...

Industry

Swiss industry accounted for approximately 30 per cent of the country's GDP and employed about 33 per cent of the labor force. Among the important industries were machine tools, pharmaceuticals, textiles, watch making, food processing, chemicals and engineering...

Foreign Trade

Switzerland's principal exports included electrical non-electrical machinery, chemicals, pharmaceuticals, clocks and watches, textiles and clothing, metals, jewellery and foodstuffs. Main destinations were Germany (19 per cent of 2001 total), the US (10.5 per cent); France (9.8 per cent), Italy (9.1 per cent); and the UK (7.4 per cent)...

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