France vs. Switzerland

France today is one of the most modern countries in the world and is a leader among European nations. It plays an influential global role as a permanent member of the United Nations Security Council, NATO, the G-7, the G-20, the EU, and other multilateral organizations. France rejoined NATO's integrated military command structure in 2009, reversing DE GAULLE's 1966 decision to withdraw French forces from NATO. Since 1958, it has constructed a hybrid presidential-parliamentary governing system resistant to the instabilities experienced in earlier, more purely parliamentary administrations. In recent decades, its reconciliation and cooperation with Germany have proved central to the economic integration of Europe, including the introduction of a common currency, the euro, in January 1999. In the early 21st century, five French overseas entities - French Guiana, Guadeloupe, Martinique, Mayotte, and Reunion - became French regions and were made part of France proper.

The Swiss Confederation was founded in 1291 as a defensive alliance among three cantons. In succeeding years, other localities joined the original three. The Swiss Confederation secured its independence from the Holy Roman Empire in 1499. A constitution of 1848, subsequently modified in 1874 to allow voters to introduce referenda on proposed laws, replaced the confederation with a centralized federal government. Switzerland's sovereignty and neutrality have long been honored by the major European powers, and the country was not involved in either of the two world wars. The political and economic integration of Europe over the past half century, as well as Switzerland's role in many UN and international organizations, has strengthened Switzerland's ties with its neighbors. However, the country did not officially become a UN member until 2002. Switzerland remains active in many UN and international organizations but retains a strong commitment to neutrality.

metropolitan France: Western Europe, bordering the Bay of Biscay and English Channel, between Belgium and Spain, southeast of the UK; bordering the Mediterranean Sea, between Italy and Spain;

French Guiana: Northern South America, bordering the North Atlantic Ocean, between Brazil and Suriname;

Guadeloupe: Caribbean, islands between the Caribbean Sea and the North Atlantic Ocean, southeast of Puerto Rico;

Martinique: Caribbean, island between the Caribbean Sea and North Atlantic Ocean, north of Trinidad and Tobago;

Mayotte: Southern Indian Ocean, island in the Mozambique Channel, about halfway between northern Madagascar and northern Mozambique;

Reunion: Southern Africa, island in the Indian Ocean, east of Madagascar

metropolitan France: 46 00 N, 2 00 E;

French Guiana: 4 00 N, 53 00 W;

Guadeloupe: 16 15 N, 61 35 W;

Martinique: 14 40 N, 61 00 W;

Mayotte: 12 50 S, 45 10 E;

Reunion: 21 06 S, 55 36 E

metropolitan France: Europe;

French Guiana: South America;

Guadeloupe: Central America and the Caribbean;

Martinique: Central America and the Caribbean;

Mayotte: Africa;

Reunion: World

metropolitan France: generally cool winters and mild summers, but mild winters and hot summers along the Mediterranean; occasional strong, cold, dry, north-to-northwesterly wind known as the mistral;

French Guiana: tropical; hot, humid; little seasonal temperature variation;

Guadeloupe and Martinique: subtropical tempered by trade winds; moderately high humidity; rainy season (June to October); vulnerable to devastating cyclones (hurricanes) every eight years on average;

Mayotte: tropical; marine; hot, humid, rainy season during northeastern monsoon (November to May); dry season is cooler (May to November);

Reunion: tropical, but temperature moderates with elevation; cool and dry (May to November), hot and rainy (November to April)

metropolitan France: mostly flat plains or gently rolling hills in north and west; remainder is mountainous, especially Pyrenees in south, Alps in east;

French Guiana: low-lying coastal plains rising to hills and small mountains;

Guadeloupe: Basse-Terre is volcanic in origin with interior mountains; Grande-Terre is low limestone formation; most of the seven other islands are volcanic in origin;

Martinique: mountainous with indented coastline; dormant volcano;

Mayotte: generally undulating, with deep ravines and ancient volcanic peaks;

Reunion: mostly rugged and mountainous; fertile lowlands along coast

metropolitan France: flooding; avalanches; midwinter windstorms; drought; forest fires in south near the Mediterranean;

overseas departments: hurricanes (cyclones); flooding;

volcanism: Montagne Pelee (1,394 m) on the island of Martinique in the Caribbean is the most active volcano of the Lesser Antilles arc, it last erupted in 1932; a catastrophic eruption in May 1902 destroyed the city of St. Pierre, killing an estimated 30,000 people; La Soufriere (1,467 m) on the island of Guadeloupe in the Caribbean last erupted from July 1976 to March 1977; these volcanoes are part of the volcanic island arc of the Lesser Antilles that extends from Saba in the north to Grenada in the south

President of the Swiss Confederation Guy PARMELIN (since 1 January 2021); Vice President  Ignazio CASSIS (since 1 January 2021); note - the Federal Council, which is comprised of 7 federal councillors, constitutes the federal government of Switzerland; council members rotate the 1-year term of federal president

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. France is the most visited country in the world with 89 million foreign tourists in 2017. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality.

France's real GDP grew by 1.9% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.0% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 20.6% in the fourth quarter of 2017.

France's public finances have historically been strained by high spending and low growth. In 2017, the budget deficit improved to 2.7% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 97% in 2017.

Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming France's labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRON's 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power. The government plans to gradually reduce corporate tax rate for businesses from 33.3% to 25% by 2022.

Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.

The Swiss have brought their economic practices largely into conformity with the EU's to gain access to the Union's Single Market and enhance the country's international competitiveness. Some trade protectionism remains, however, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with economic instability in Russia and other Eastern European economies drove up demand for the Swiss franc by investors seeking a safehaven currency. In January 2015, the SNB abandoned the Swiss franc's peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011 through 2017.

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss Government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards.

one of the largest mobile phone markets in Europe; LTE has universal coverage with extensive 5G; one of the largest broadband subscriber bases in Europe; regional government and telecom companies have invested in higher bandwidth with fiber infrastructure improvements, an investment of more than 20 billion euros; operator investment in developing markets, and on the greater use of artificial intelligence and data; satellite broadband connectivity across France; Paris adopted smart city technology; importer of broadcast equipment from China (2021)

the publicly owned radio and TV broadcaster, Swiss Broadcasting Corporation (SRG/SSR), operates 8 national TV networks, 3 broadcasting in German, 3 in French, and 2 in Italian; private commercial TV stations broadcast regionally and locally; TV broadcasts from stations in Germany, Italy, and France are widely available via multi-channel cable and satellite TV services; SRG/SSR operates 17 radio stations that, along with private broadcasters, provide national to local coverage )

Madagascar claims the French territories of Bassas da India, Europa Island, Glorioso Islands, and Juan de Nova Island; Comoros claims Mayotte; Mauritius claims Tromelin Island; territorial dispute between Suriname and the French overseas department of French Guiana; France asserts a territorial claim in Antarctica (Adelie Land); France and Vanuatu claim Matthew and Hunter Islands, east of New Caledonia

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metropolitan France: transshipment point for South American cocaine, Southwest Asian heroin, and European synthetics;

French Guiana: small amount of marijuana grown for local consumption; minor transshipment point to Europe;

Martinique: transshipment point for cocaine and marijuana bound for the US and Europe