The development of the Swiss economy between 2007 and 2012 in the context of world economic crisis

The objective of this diploma thesis is to analyse the Swiss economy at the beginning of the third millennium, while the main emphasis is put on period since 2007, when the world economic crisis started on the finacial markets of United States of America and then spread to other parts of the globalized world. The thesis is divided into three chapters. The first chapter describes the fundamental geographic, demographic, political, historical and economic facts about Switzerland. The second chapter explores the Swiss economy on the basis of main macroeconomical indicators as gross domestic product, inflation rate and rate of unemployment. There is also analyse of the balance of payments, the foreign trade and the international investment position of the country. The third chapter concludes the thesis with detailed description of the crisis and its effects on the Swiss economy and with futures prospects