Switzerland in 2004 |
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Abstract:
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) |
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