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Handbook for Investors. Business location in Switzerland.

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3. Economic framework.<br />

Free competition and trade and the protection of <strong>in</strong>tellectual<br />

property are the cornerstones of economic success and<br />

make <strong>Switzerland</strong> attractive to both domestic and <strong>for</strong>eign<br />

companies. Efficiently organized adm<strong>in</strong>istrative processes<br />

guarantee security <strong>for</strong> plann<strong>in</strong>g and day-to-day operations,<br />

while progressive environmental laws promote susta<strong>in</strong>ability.<br />

<strong>Switzerland</strong> is an extremely attractive <strong>location</strong> <strong>for</strong> global firms.<br />

The ma<strong>in</strong> reason <strong>for</strong> this is its liberal economic environment and<br />

an economic policy based on the free market.<br />

Fig. 15: Economic freedom, 2006<br />

Global rank<strong>in</strong>g Rat<strong>in</strong>g<br />

Hong Kong SAR 1 8.94<br />

S<strong>in</strong>gapore 2 8.57<br />

New Zealand 3 8.28<br />

<strong>Switzerland</strong> 4 8.20<br />

UK 5 8.07<br />

Chile 6 8.06<br />

Canada 7 8.05<br />

USA 8 8.04<br />

Australia 9 8.04<br />

Ireland 10 7.92<br />

Denmark 13 7.78<br />

Netherlands 16 7.65<br />

Germany 17 7.64<br />

Luxembourg 21 7.58<br />

Japan 27 7.48<br />

Belgium 44 7.20<br />

France 46 7.19<br />

India 77 6.59<br />

Ch<strong>in</strong>a 93 6.29<br />

Brazil 96 6.16<br />

Russia 101 6.12<br />

Source: Cato Institute, Economic Freedom of the World: 2008 Annual Report<br />

<strong>Handbook</strong> <strong>for</strong> <strong>Investors</strong> 2010<br />

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