What is the history of Switzerland? How did it become a banking, financial center?

Question

What is its history and how did it devolop into such a peaceful , neutral banking center?
How did it stay neutral for so long?

Answer 1

http://history-switzerland.geschichte-schweiz.ch

This site provides very comprehensive information.

Answer 2

Switzerland is still neutral. It is also a country without much in the way of natural resources, so they had to import raw materials, which is how they got into the manufacture of watches and precision medical instruments. High return for a minimum of raw materials. Geographically well placed to deal with European neighbours, - Germany, Austria, Italy, France.

Answer 3

Mainly by staying neutral in both World Wars. This enabled Switzerland to lend money to all of the participants, mainly in Europe, and so become rich. Wise move I think.

Answer 4

Megapolitical reasons.

Firstly I would guess its natural geographical advantages... its up high... with many high passes for an enemy to negotiate... which are easier to fight down from. Going back in time (pre-gunpowder) Enemy would have to war upwards, and its such a superior advantage for the defenders.

I think this is partly the reason the small country/repuiblic of San Marino... inside Italy.. stayed independant... their enemies couldn't conquer them fully cause they were so high up.

Also I would guess the Swiss showed they could be trusted... whilst also the fact their natural geographic surrounding made the country strong and easier to defend against an enemy made attractive place for the wealthy to store their money/gold ect for savings, commerce and trade.

Answer 5

i think of there is an outstanding sort of puzzled questioning related to the concern, and that i've got self assurance there are 2,000 to many regulations and regulation that contradict themselves. yet boy i've got self assurance this: the federal government can not cope with on the interior of reach point, many times not the rustic point, and not the State point. Banks might desire to be allowed to do as they might everywhere they opt to flow, yet while there's a immediately line technique the place government coverage is worried, the federal government shouldn't additionally be in touch in interior of reach point themes. New Orleans? The Feds might desire to have stayed out of that era. So i choose the federal government OUT of interior of reach/State methods, and that i see that as a assure the banks will persist with in superb condition. That brings them out of the undemanding mans enterprise ...till.... there's a community attempt to re-vitalize, or safeguard any given factors. Gimme, gimme communities then, do not be triumphant with no good sort of artwork which immediately ameliorations them from Gimme, Gimme's to observe what you touch bub.. communities. Very profound question right here. The results of my place is to get rid of the international economic communities from interior of reach positioning and positioned interior of reach banks interior the drivers seat the place the community is regulation abiding and in a position. get rid of regulation abiding and in a position, and that i've got self assurance city will die as banks flee.. and justifiably so.