Travelling the world for Its per capita purchasing power parity ($31,700 in 2002) is among the highest and matched by its high wage scale, the envy of many in the working world. A highly successful market-based economy founded on international trade and banking, its standard of living, worker productivity, quality of education, and health care serve as models for other nations. Inflation is low and unemployment exists at moderate and low levels. Switzerland remains a safe haven for investors, because it has maintained a degree of bank secrecy and has kept up the Swiss franc’s long-term external value. Switzerland has liberal trade and investment policies and a conservative fiscal policy. Its legal system is judiciously developed, commercial law is exact, and the Swiss franc represents one of the soundest currencies in world finance. Switzerland has brought its economic practices largely into conformity with the EUROPEAN UNION (EU) to enhance international competitiveness. Travelling the world 2016.