Bullettin n. 1/2011
June 2011
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Hänni Peter
    The State and the Financial Industry in Switzerland
    in Europe en formation (L') , n. 358, hiver, 2010 ,  2010 ,  111-130
    Even though the Swiss economy is based on the principle of economic freedom and although the State should generally refrain from intervening in the market there are situations in which the State is allowed to compete with private actors. In the majority of the cases, the Cantons bailed their bank for political reasons out. Moreover, during the financial crisis, Federal actors bailed UBS out. The Federal Council based the ordinance directly on articles of the Constitution of which the applicability was controversial. To prevent State interventions in the future, an expert commission has presented fi rst results, aiming to more stringent requirements concerning equity capital for the large banks.
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