Switzerland ranks 9th in 2008 Index of
Economic Freedom (according to the Wall Street Journal)
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Switzerland is among the top countries in the 2008 Index of Economic Freedom, published by
The Heritage Foundation and the Wall Street Journal. |
According to the 2008 assessment, Switzerland scores 1.6 percentage points higher than last year. In the
European sector, Switzerland ranks 2nd of 41 countries.
In Switzerland, there is freedom in investment, trade, finances, property, and business. Corruption is
virtually nonexistent. The average tariff rate is low, and commercial operations are protected by the
regulatory environment and aided by a flexible labor market. Inflation is extremely low, and foreign
investment is welcome and subject to few restrictions. The national financial sector leads the world and
is protective of privacy as well as open to foreign institutions. The judiciary, independent of politics,
enforces contracts reliably. Switzerland's outstanding results in the 2008 Index of Economic Freedom
represent the importance of a reliable and free Swiss economy.
The 2008 Index of Economic Freedom measures and ranks 157 countries (including 41 in Europe) in ten
specific freedom criteria. These include: investment, trade, business, monetary, freedom from corruption,
financial, labor, property rights, fiscal, and govern- ment size. |
Text – Greater
Zurich Area
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