Briefings

Putting the Brakes on Government Spending: The Swiss Debt Brake

Large budget deficits and high public-sector spending and debt have been pervasive features of modern economies, including in the United States and Switzerland.

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Innovation: Switzerland and the United States Top the Charts

Both countries regularly receive the highest rankings in global-innovation indices—whether for business, entrepreneurship, technology, science, or education. Why?

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Switzerland: Global Financial Center

Switzerland is world-renowned as a leading international financial center. Its long history as a major banking hub with a stable political system and great openness to trade continue to attract investors from around the world.

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Climate Change and the Environment in Switzerland

Between 1864 and 2010, the average temperature in Switzerland rose by about 1 degree Celsius (1.8 degrees Fahrenheit). Climate-change scenarios predictat least a similar level of warming by the end of the 21st century—which would be accompanied by an 8 percent to 10 percent reduction in summertime rain.

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FATCA: The U.S. Tax Law that Affects the World—Even Switzerland

In 2010, following the Financial Crisis, the U.S. Congress passed the Foreign Account Tax Compliance Act (FATCA). The goal was to make it more difficult for U.S. citizens to evade taxes through so-called offshore accounts abroad.

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Vocational Training and Higher Education in Switzerland

While Switzerland ranks high on the list of the world’s leading universities, the majority of Swiss students do not attend university.

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Switzerland’s Humanitarian Tradition

Switzerland’s commitment to humanitarianism is a centuries-old tradition based on the country’s ideals of neutrality and individual freedom. Switzerland has long played an active role in international organizations around the globe—many of which, though not all, are part of the United Nations.

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Switzerland’s “Good Offices”

(Gute Dienste, literally: good services)

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Switzerland and the European Union

In keeping with its long tradition of sovereignty and neutrality, Switzerland is one of only a handful of Western European countries that have not joined the European Union. Nevertheless, the ties between Switzerland and the European Union are close.

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