Switzerland: still afloat, not quite plain sailing
Lausanne, Switzerland (GenevaLunch) – Switzerland’s solid base will stand it in relatively good stead in coming months, helping it resist the global economic crisis.
The country can expect only “soft growth” in the next few years, however, according to the World Competitiveness Report published 20 May by business school IMD in Lausanne (Ed. note: GL story on overall report).
The country held its fourth place slot in the rankings and did relatively well, landing in sixth place in the report’s new “Stress test for competitiveness,” rankings, based on future-oriented analyses. “Compared with many other countries, the fundamental economic, political and financial pillars of Switzerland show a remarkable stability.
