Swiss Direct Democracy and Regulation of Banking Sector
Miroslaw Matyja ()
Additional contact information
Miroslaw Matyja: Logos International University / USA Polish University Abroad in London; Selinus University in Bologna/Italy; Indian Management School and Research Centre in Mumbai/India
Technium Social Sciences Journal, 2020, vol. 3, issue 1, 1-10
The aim of this article is to analyze the influence of the Swiss political system on the countryâ€™s banking sector. Is the Swiss direct democracy, which has no counterpart in any other country, an advantageous factor for the development and functioning of the banking sector? In order to fully answer this question, the author has analyzed the results of direct voting on the Swiss bank regulations. He has concluded that there is an important and direct influence of the political system on the functioning of the financial sector. The analysis of the results of various federal referenda confirms the thesis that the Swiss direct democracy (with its instruments of popular initiative and referendum) has a decisive influence on the regulatory process in the countryâ€™s banking sector.
Keywords: Swiss Direct Democracy; Regulation of Banking Sector (search for similar items in EconPapers)
JEL-codes: R00 Z0 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:tec:journl:v:3:y:2020:i:1:p:1-10
Access Statistics for this article
Technium Social Sciences Journal is currently edited by Tasente Tanase
More articles in Technium Social Sciences Journal from Technium Science
Bibliographic data for series maintained by Tasente Tanase ().