Preparatoria
As an open economy, Switzerland benefits from an efficient and stable internationalmonetary system depending on the Swiss national bank who is hold on a variety of organizations such as the (FSB) (IMF) and (BIS) (the Bank for International Settlements and the Federal Department ofFinance International Monetary Fund.) Switzerland has one of the highest banking ranks in the world but that doesn’t makes him exempt of the international economic crisis. Switzerland if perfectlyawake about the current economic situation. during 2007 to 2009 Switzerland suffered from a irregular economic stability caused by the unbalanced bank reserve system during 2007 there was a lost of4.400 millions of Swiss francs ,during 2008 a high decrease of 21.292 million of francs; during 2009, after a continuous work and effort Switzerland financial system made the red number increasedto 2.736 million francs.
Looking into the past during 1980 Oil price increased in to 100$ a barrel, 2009 started the unemployment in Asia moving into the developed countries coming along theinternational bank crisis , during this period unexpected 500,000 workers planning on going back to Egypt causes by unemployment and it goes on all the way into the present. Delegates There got to bea reconstruction; the world can’t rely on the same errors.
Switzerland after 2009 during the world congress established that the main banks ,UBS and CREDIT SWISS to go under surtain regulationswhich establish to have an amount of reserve, in order prevent an economical drop which could considerable harm the Swiss economy. they will also complete with supplementary capital and go over...
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