The Economic View from the Alps
As a popular tourist destination, Switzerland offers a wealth of anecdotal data with which to assess the state of the global economy. The number of Japanese and Chinese tourists visiting places such as the Bernese Highlands attests to recent growth in those countries, regardless of what one thinks of their official data.
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LONDON – I recently took a trip to Switzerland – a remarkable country that I have been fortunate to visit many times over the past 40 years. In addition to having a good time, I found a Swiss perspective useful to reflect on the state of the world and its economic vitality.