Switzerland, Officially The Swiss Confederation, Is A: Suisse
Switzerland, Officially The Swiss Confederation, Is A: Suisse
Switzerland, Officially The Swiss Confederation, Is A: Suisse
The establishment of the Old Swiss Confederacy dates to the late medieval period,
resulting from a series of military successes against Austria and Burgundy. Swiss
independence from the Holy Roman Empire was formally recognized in the Peace of
Westphalia in 1648. Since the Reformation of the 16th century, Switzerland has
maintained a strong policy of armed neutrality; it has not fought an international war
since 1815 and did not join the United Nations until 2002. Nevertheless, it pursues an
active foreign policy and is frequently involved in peace-building processes around
the world.[10] Switzerland is the birthplace of the Red Cross, one of the world's oldest
and best known humanitarian organisations, and is home to numerous international
organisations, including the second largest UN office. It is a founding member of the
European Free Trade Association, but notably not part of the European Union, the
European Economic Area or the Eurozone. However, it participates in the Schengen
Area and the European Single Market through bilateral treaties.
Switzerland is one of the most developed countries in the world, with the highest
nominal wealth per adult[14] and the eighth-highest per capita gross domestic
product.[15][16] It ranks at or near the top in several international metrics, including
economic competitiveness and human development. Zürich, Geneva and Basel have
been ranked among the top ten cities in the world in terms of quality of life, with the
first ranked second globally.[17]