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Journal of Economic Integration 2012 September;27(3) :366-385.
DOI: https://doi.org/10.11130/jei.2012.27.3.366
Should I Stay or Should I Go? Switzerland and the European Economic and Monetary Integration Process
Guillaume Vallet 
Université Pierre Mendès-France de Grenoble
Corresponding Author: Guillaume Vallet ,Email: guillaume.vallet@upmf-grenoble.fr
Copyright ©2012 Journal of Economic Integration
ABSTRACT
The case of Switzerland appears to be unique with regard to the European Economic and Monetary Integration Process which began in 1957: even though the country has cultivated close ties and growing links with the European Union (EU) over time, it does not desire full membership. If this situation of “non-adhesive integration” seems to be beneficial for Switzerland in many respects, it also presents some constraints. Such a position leads to a national dilemma for Switzerland with regard to the EU: should I stay or should I go? Thus we shall examine in this article the particularities, the advantages, and the constraints of the Swiss stance.

JEL Classification
E58: Central Banks and Their Policies
F15: Economic Integration
F31: Foreign Exchange
Keywords: Switzerland | European Union | Economic and Monetary Integration
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