Author Archives: denisal123
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How and When Did Switzerland Become So Rich?
Switzerland (or Helvetia, the original name of the state)i s one of the most unique and stunning places on the entire world. It is a mountainous and landlocked country located in Western and Central Europe. Administrative capital of Switzerland is Bern and Lausanne is its judicial center. In spite of its small size ( approximateContinue reading “How and When Did Switzerland Become So Rich?”
China and Hong Kong as a Whole
The economics of Hong Kong and Chinese mainland are, in fact, pretty much different in this field. China operates as a socialist market economy, which is characterized by state-owned enterprises and public ownership within a market economy. On the other side, because of its low taxation and free markets, Hong Kong’s economy is considered as one of theContinue reading “China and Hong Kong as a Whole”
The Economic Journal 