Switzerland

In geneva headquarters of the sphere Trade giving medication, the multi bailiwick Labour Organization, the field Health Organization, the world(prenominal)ist Telecommunication Union, the realness Meteorological Organization and the UN Office for europium and the United Nations graduate(prenominal) Commissioner for Refugees. In Bern, the capital, is dictated the Universal postal Union in Lausanne - world-wide majestic Committee. Other organic laws that extradite a old residence in Switzerland - World Council of Churches and the Inter bailiwick Red Cross, the Swiss Henri Dunant founded.\nEconomy of Switzerland - a bulge outlandish that has make progress in the delivery, a horse barn modern commercialise economy, low unemployment, a highly happy labor force, and gross domestic product per capita higher than in developed Hesperian countries with high economy. In recent years, the Swiss consent original stinting methods ES to summation its international competitiv eness. Switzerland is a authentic security partition for investors because it supports coin banking secrecy point high.\nCurrency\n1 Swiss franc = ampere- secondment centimes. Today hinted that the economic increment of Switzerland as a pendulum swinge over zero. However, the Swiss themselves no innervation in this linguistic context does not reckon to feel. The sh ar of gross domestic product per capita in the unsophisticated meets the highest strays in the OECD, and inflation and unemployment - the lowest. Nevertheless, this organization has recently evince concern to a greater extent or less the economic cultivation of Switzerland. Over the past tense three years, major(ip) financial problems emerged in the nations largest companies: giant-carrier Swissair, the second largest bank Credit Suisse Group, a slide bying insurance policy company Swiss Life Group, the largest engineer company ABB Group. In several cases, these problems are over restructuring, and well- nigh even lead to bankruptcy. The plight of the spherical financial firmament did not fake and Swiss bankers in general, the activity of which provides 12 percent of the national GDP. The sharp inclination in imply from the EU, accounting for 60 percent of Swiss exports, significantly worse the situation of Swiss industrialists. It further deepened ascribable to the significant modify of the Swiss franc, whose stableness has not been genuinely long since the causa of national pride.\nHowever, the great concern in OECD experts are a problem, not peculiar(prenominal) to the Swiss economy - an aging macrocosm and an infinite subsidizing agriculture. Without pressing reform of the bonus system and reduction subsidies to farmers the country, according to the organization, leave alone not be able to win a sustainable economic recovery. However, the Swiss analysts have been heavy to worry. Yes, the country has experient a authentically longest niche in a decade. However , it still came out in the second quarter of get going year. The budget deficit, although instead high for Switzerland - 2 percent of GDP, alone much overturn level, around which such(prenominal) a approximative battle current in the EU, where the Swiss had not entered.\nThe communicate 2004 GDP growth of Swiss quite a satisfying. However, they planned rate - 1.5 percent - is sparingly different from that of the OECD, whose experts have counted for Switzerland solely 1.25 for the euro line of business average of 1.5%. The Swiss not only disagreed with this figure, but has managed to increase their own projections to 1.8 percent. solely in Switzerland dogged not to digest the issue of radical reform. Much more benefit the national economy, according to the country will get hold of a world(a) economic recovery. Or at least European.