Ty Hawkins
4.3.20
Global Business
When it comes to the free market economy. Switzerland has become one of
the most advanced in the world. When looking at Switzerland at first glance,
Switzerland has a population of over eight million people and has a GDP around
705.546 billion. Being one worlds wealthiest countries, its also been stated that the
average salary per person in Switzerland is around 62,000 as of the year 2017, and
currently ranks second behind Luxembourg. One thing that helps Switzerland when
it comes to its very strong economy would be the extremely low tax rate that it’s
corporate business has. As well as the many financial services and it’s strong
manufacturing industry.
One of the things that the country of Switzerland is very well known for,
would have to be its diversity, this is one aspect that has lead it to being one of the
easiest countries to conduct business with. According to an article done by the
visual capitalist and after fact checking with a few other articles, Switzerland is
ranked with in the top twenty easiest countries to do business with. Being ranked at
number ten, with a DB Score of around 82.
One thing that helps Switzerland when it comes to its economy would be its
infrastructure, according to an article done by the Business Insider. This has also
made business in Switzerland compared to the United States, much better to deal
with According to another article done by Business Insider as well as International
Liberty. Government spending is much lower; since the spending happens to use a
lot less of it’s output. With the federal government being responsible for around 1/3
of it’s spending. Because of this, taxes are much lower on the citizens of Switzerland
and workers there are able to take home bigger paychecks. For example, a waiter in
Switzerland can make around 20 CHF. Which is a little over 21 US dollars as of right
now. It’s also been said that Switzerland’s education systems are much cheaper.
Where Universities such as Zurich and ETH, will only cost around 500 CHF. Which
again, is around 525 US dollars.
Switzerland ranks in the top ten when it comes to its infrastructure.
According to an article from World atlas. Having some of the best roads, highways,
as well as excellent transportation for the public. As well as having an infrastructure
score of 6.3. Being tied for fifth next to the United Arab Emirates and Japan. When
Switzerland added the Gotthard Base Tunnel, which become open for service in
December in the year 2016. It has a length of around ninety-four miles, as well as a
line length of around thirty-five miles. Being the longest man made tunnel in the
world. This has greatly improved the time of traveling when trying to reach
Northern Italy when traveling from Switzerland. Because of there excellent
infrastructure goods and other products can be transferred to their proper
destinations smoothly and on time and has helped with the continuous development
of their strong economy.
Switzerland had begun to establish its government in the year 1848. Which
was made up of twenty-six cantons, which are smaller divisions of government that
deal with any political or administrative purposes and is done in the city of Bern.
Despite Zurich being considered the cornerstone of most financial and commercial
business practices. However there constitution changed in the year 1874, and
included a Referendum, which allows the entire district to take part in, votes too. In
the year 1891, a new article was added called the “right to initiative” This would
allow voters if to try and have any article from the constitution tweaked if necessary
to try and make it more accurate or updated if needed. As well as having the option
to add new articles as well.
Some examples of articles that were changed were, “mandatory referendum
on international treaties signed by Switzerland.” Completed in 1921 in the month or
January and “provisions against overpricing.” Done on 1982 in the month of
November. Switzerland Constitution was once again changed in the year 1999 in the
month of April, and than came into effect the following year on January 1st. This
helped tax laws become much more in-depth and detail. At this point, this brought
the article to six different parts as well as a Preamble, which brings it to 196
different articles.
Being that the Switzerland constitution is broken up into six different parts,
each one of them helps to outline how Switzerland is governed. First title is the
“General Provisions” invocation of God, which, talks about the rights the citizens of
Switzerland have that the state authorities cannot revoke. Which speaks about
liberty, independence, and democracy. Title one also, speaks about trying to have
peace and “openness” to the world. Title 2 speaks on the Switzerland’s fundamental
rights, and also where their bill of rights is located. As well as mentioning that
everyone under the law is considered equal to one another, prevents discrimination
of any kind against anyone. Right to personal property, privacy, religious freedom,
as well as right to property. Article 3, which is broken up into two chapters speaks
on confederation and cantons and it’s relationship. Chapter two talks about areas
where federal power might be necessary for things such as national and civil
defense, education, and anything concerning the environment. Chapter 3, which is
the last chapter in the 3rd title, just speaks on taxation and other financial
characteristics. Title 4 talk about basic political rights and lets people suggest or
recommend laws that can be on a municipal level, these motions can than be later
voted to be accept or either rejected outright. Title 5 is about Federal Authorities,
and specifically lists the responsibilities that the government has, such as the
Federal Assembly, Federal Council, and the Federal Court. Title 6 talks about
