Likewise, I find understanding why Switzerland is so successful very interesting – especially as it differs dramatically in approach from the other countries in Europe held up as successful and happy societies (the more northerly Nordic countries).
I can’t give a full explanation, but there are a couple of unique aspects of Switzerland that I believe may influence the situation heavily:
1. A strong aspect of Swiss culture is to expect responsibility and interest in the affairs of Switzerland from its citizens. This is reflected, for example, in the very strict rules and tests implemented for foreigners wishing to assume Swiss citizenship, which include a wide variety of questions on the history and current affairs.
2. Allied to this, they have implemented probably the most direct form of democracy I’m aware of in the world. The country is divided into a number of cantons (roughly equivalent to American states) which are largely self governing and self determining, including (for example) setting dramatically different rates of taxation. Further, many issues are decided by way of referendum: votes take place relatively frequently. Lastly, in theory any citizen can generate a new law: a series of votes would be taken on a new suggestion, first at a local level, then at a cantonal level, and then potentially at the national level.
Economically though one aspect I don’t understand is how Switzerland can support such high salaries and high costs of living, in contrast to other countries. (What came first: the high cost of living, or the high salaries?) And therefore with it being an acknowledged expensive place for businesses to operate (in terms of salary costs) why do multinational businesses choose to open or continue operations there, in contrast to other more affordable locations? (Also noting that there is significant skilled inward migration, to support the needs of some of those large businesses.)
I always thought that the key reason Switzerland is richer than surrounding countries is their big financial sector + trickle down economics. And the financial sector got big because of their bank secrecy. Of course culture helps, but I'd wager that without the bank secrecy, they'd be a bigger Tyrol. Innsbruck is nice too but it doesn't lead every magazine's "best place to live in" list.
A cynic might say that Switzerland got rich by helping criminals all over the world get away with their crimes. So Switzerland getting richer ties in with everybody else getting a little poorer (because crime is a tax on society).
I think it's a foreign policy. A very cynical one, which says "we'll happily help other countries get worse, as long as we get better off it". It's not unlike America's offensive neorealism, but with money instead of guns.
I can’t give a full explanation, but there are a couple of unique aspects of Switzerland that I believe may influence the situation heavily:
1. A strong aspect of Swiss culture is to expect responsibility and interest in the affairs of Switzerland from its citizens. This is reflected, for example, in the very strict rules and tests implemented for foreigners wishing to assume Swiss citizenship, which include a wide variety of questions on the history and current affairs.
2. Allied to this, they have implemented probably the most direct form of democracy I’m aware of in the world. The country is divided into a number of cantons (roughly equivalent to American states) which are largely self governing and self determining, including (for example) setting dramatically different rates of taxation. Further, many issues are decided by way of referendum: votes take place relatively frequently. Lastly, in theory any citizen can generate a new law: a series of votes would be taken on a new suggestion, first at a local level, then at a cantonal level, and then potentially at the national level.
Economically though one aspect I don’t understand is how Switzerland can support such high salaries and high costs of living, in contrast to other countries. (What came first: the high cost of living, or the high salaries?) And therefore with it being an acknowledged expensive place for businesses to operate (in terms of salary costs) why do multinational businesses choose to open or continue operations there, in contrast to other more affordable locations? (Also noting that there is significant skilled inward migration, to support the needs of some of those large businesses.)