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Nothing seems to stop the prosperity of the Swiss
economy. Its steady growth is seemingly impervious to the political turmoil in
the EU, superpower tensions, the vagaries of world trade and even the overly
muscular Swiss franc. Switzerland’s highly diverse economy and its unique
political system together form an ecosystem that is amazingly productive and
resilient. The question, however, is how long the Swiss can manage to shield
their order from the globalized world’s homogenizing pressure.
Barun S. Mitra
Recent political developments in Hungary and Poland have been interpreted as portending a reversal of westernization. If history is any guide, this perception is wrong. It is true that the region appears headed for institutional turbulence that could foster growing political and economic volatility. But a more serious upheaval is virtually precluded by the region’s...
European leaders have long known that the main danger posed by the refugee influx is political backlash. This threat was explicitly recognized by Guenther Oettinger, Germany’s representative to the European Commission, during a press conference on December 30, 2015. “The European Union has learned to overcome crises,” he said. “But the number of unstable or populis...
Professor Stefan Hedlund
Turkish President Recep Tayyip Erdogan is back in the driver’s seat after his ruling party scored a decisive win in the November snap elections. While Mr Erdogan has never been a favourite of Western decision makers and opinion shapers, his renewed mandate makes him a useful partner in efforts to resolve the Syrian civil war and the migrant crisis that threatens to...