| Should I Stay or Should I Go? Switzerland and the European Economic and Monetary Integration Process |
Guillaume Vallet |
| Université Pierre Mendès-France de Grenoble |
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Corresponding Author:
Guillaume Vallet ,Email: guillaume.vallet@upmf-grenoble.fr |
| Copyright ©2012 The Journal of Economic Integration |
| ABSTRACT |
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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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