Open AccessSwitzerland's Monetary Bilateralism. The Episode of 1975
Author(s) -
Hanspeter K. Scheller
Publication year - 2016
Publication title -
global europe - basel papers on europe in a global perspective
Language(s) - English
Resource type - Journals
ISSN - 2571-8118
DOI - 10.24437/global_europe.v0i74.123
Subject(s) - bilateralism , european union , independence (probability theory) , negotiation , political science , european monetary union , economy , international trade , geography , economics , monetary policy , multilateralism , politics , keynesian economics , law , statistics , mathematics
The present article is a contribution to the history of the monetary relations between Switzerland and its European neighbours. Given its historical focus on independence and self-determination, Switzerland is opposed to full membership of the European Union. Instead, given the close economic links with its European neighbour countries, Switzerland aims at formal relationships with the European Union only in selected economic and technical areas. The article first gives some historical background, then discusses Switzerland’s negotiations with the “snake” countries and ends with a note on the developments after 1975.