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DC FieldValueLanguage
dc.contributor.authorWeder, Beatriceen_US
dc.contributor.authorWeder, Rolfen_US
dc.date.accessioned2010-02-17en_US
dc.date.accessioned2011-04-26T07:40:20Z-
dc.date.available2011-04-26T07:40:20Z-
dc.date.issued2009en_US
dc.identifier.isbn978-92-9230-194-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/45073-
dc.description.abstractThis paper argues that economic competition and political contestability are two key determinants of the successful development of the Swiss economy in the nineteenth and twentieth century. We describe how Switzerland evolved from a relatively poor country with no natural resources and net emigration in 1800 to one of the richest countries of the world two hundred years later. Based on quantitative and qualitative evidence, we argue that early internationalization, open and flexible markets as well as a high degree of competition were crucial for the development of the Swiss economy. In addition, the Swiss political system with its direct democratic elements and the implemented principle of subsidiarity created political contestability that maintained government efficiency and led to political stability throughout history. The combination of these elements seems to explain the Swiss success, but also to make it difficult for other countries to adopt.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch paper / UNU-WIDER 2009.25en_US
dc.subject.jelF43en_US
dc.subject.jelN10en_US
dc.subject.jelO43en_US
dc.subject.jelO5en_US
dc.subject.ddc330en_US
dc.subject.keywordSwitzerlanden_US
dc.subject.keyworddevelopmenten_US
dc.subject.keywordgrowthen_US
dc.subject.keywordcompetitionen_US
dc.subject.keywordcontestabilityen_US
dc.subject.stwEntwicklungen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwPolitisches Systemen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwReichtumen_US
dc.subject.stwSchweizen_US
dc.titleSwitzerland's rise to a wealthy nation: Competition and contestability as key success factorsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn601812468en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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