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SWITZERLAND: A COUNTRY STUDY

tribution of the Swiss gross domestic product (GDP) by sector is heavily weighted toward private consumption. The GDP distribution is as follows (World Bank 195):

1. Private consumption: 58 percent.

3. Government consumption: 12 percent.

As the data presented above indicate, Switzerland has one of the highest savings rates (30 percent) in the world. The Swiss savings rate is second only to Japan among OECD (Organization for Economic Cooperation and Development) member countries (World Bank 195). By comparis

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SWITZERLAND: A COUNTRY STUDY. (1969, December 31). In LotsofEssays.com. Retrieved 06:24, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1687088.html