Publisher's Synopsis
This study aims to discover why Swiss financial institutions have been so singularly successful in the face of international debt and economic crises. The author analyzes international banking as a whole, using the Swiss example as a case study, and concludes that the Swiss have been successful in their foreign lending not only due to their banking expertise, but also as a result of the banking systems of other nations being totally unprepared for the demands placed upon them by the world's financial systems. The author argues that the banking systems of other nations have also proved inadequate in the task of moving deposits around the world with the same degree of security as the Swiss have demonstrated.;The author also describes, in a theoretical structure, how and why the instability of exchange rates results in an inflationary world of controlled interest rates.
