Despite current political turbulences concerning the introduction of one of the toughest immigration laws throughout Europe, Switzerland is still in a leading position when it comes to economic aspects.
Even though the country has always been at the forefront of international banking (over one third of the world's international portfolios is managed in Switzerland), it has now even become number one in terms of overall competitiveness, according to the World Economic Forum.
Nevertheless, the report shows some weaknesses in terms of the sixth pillar, which is market efficiency: the cheese, chocolate and banking nation's competitiveness would suffer from high costs of agricultural policy and trade barriers. This perfectly corresponds to my own experience and opinion: I think that Switzerland is one of the most interesting and competitive economic areas in the world. But it will need a reform of its agricultural policy and the still existing trade obstacles in order to keep its position of one of the leading world economies.
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