The economy prosperity and influence of the principality of Liechtenstein make it a prime candidate to become a leading international mediator

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ACKNOWLEDGEMENTS

My thanks go out to all who have helped me complete this study and with whom this project may have not been possible. In particular, my gratitude goes out to friends, facilitator and family for extensive and helpful comments on early drafts. I am also deeply indebted to the authors who have shared my interest and preceded me. Their works provided me with a host of information to learn from and build upon, also served as examples to emulate.

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DECLARATION

I, (Your name), would like to declare that all contents included in this thesis/dissertation stand for my individual work without any aid, & this thesis/dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.

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TABLE OF CONTENTS

ACKNOWLEDGEMENTSII

DECLARATIONIII

Introduction1

Thesis Statement1

Literature review1

Economic Overview2

Economic Performance2

Balance of Payments3

Economic Prosperity, Happiness, and Human Development8

REFERENCES14

Introduction

Under the name of the Principality of Liechtenstein, it has developed a vision for the future of the financial center, which takes into account not only the needs of the financial industry. The aim is to secure a long-term sustainable growth. The vision is based on the traditional strengths of the financial center and focuses on the private wealth management. One wants to use more than before the rewards of membership in the European Economic Area (EEA) and Swiss economic area (Turner 2008).

Thesis Statement

The economy prosperity and influence of the principality of Liechtenstein make it a prime candidate to become a leading international mediator.

Literature review

With the conclusion of the Agreement fraud we would go in the field of cooperation in tax matters to the European common denominator. We have made our contribution to the success of the negotiations so far. Given the international trend towards increased cooperation in tax matters and the already made offers of cooperation in recent months, the time has come to make our system of laws and administrative assistance in tax matters on a new footing. We should in the future all the States to offer a comprehensive cooperation if they are willing to find us with meaningful solutions to the growing customer relationships and are interested in a fair and constructive cooperation for the future (Adam 2009).

In 1989, Prince Hans Adam II succeeded his father to the throne and in 1996 settled a long-running dispute with Russia over the Liechtenstein family's archives, which had been confiscated during the Soviet occupation of Vienna in 1945 and later moved to Moscow. In 1978, Liechtenstein became a member of the Council of Europe and then joined the UN in 1990, the European Free Trade Association (EFTA) in 1991 and both the European Economic Area (EEA) and World Trade Organization (WTO) in 1995 (Nathan 2007).

Economic Overview

With a land area of just 62 square miles and a population of 34,000, the principality of Liechtenstein is one of the world's smallest countries, ...