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Liechtenstein: A Small and Wealthy Country
Here's an in-depth look at Liechtenstein, one of the world's smallest and richest countries:
________________________________________
Overview
- Official Name: Principality of Liechtenstein
- Capital: Vaduz
- Largest Municipality: Schaan
- Population: 39,000 (as of 2024)
- Area: 160 km² (62 square miles)
- Official Language: German
- Currency: Swiss Franc (CHF)
- Government: Constitutional monarchy with a parliamentary system
- Head of State: Prince Hans-Adam II (though his son, Hereditary Prince Alois, handles day-to-day affairs)
- Head of Government: Prime Minister Daniel Risch (as of 2024)
________________________________________
Geography
- Location: Central Europe, nestled in the Alps between Switzerland (to the west and south) and Austria (to the east and north).
- Topography: Mountainous and alpine, ideal for skiing and hiking. Highest peak: Grauspitz (2,599 meters / 8,527 ft).
- No coastline: Landlocked and entirely within the Rhine Valley and mountainous eastern Alps.
________________________________________
History
- Holy Roman Empire Origins: The Liechtenstein family acquired the territory in the early 18th century.
- Founded: 1719, when the Holy Roman Emperor Charles VI declared Vaduz and Schellenberg a principality under the Liechtenstein name.
- Independent since 1806: Joined the Confederation of the Rhine under Napoleon.
- Neutrality: Maintained strict neutrality during both World Wars.
- Modern Era: Strong economic development since the mid-20th century, especially through banking and financial services.
________________________________________
Economy
- GDP per capita: One of the highest in the world.
- Main sectors:
o Finance and banking: Known as a tax haven, though reforms have tightened rules in recent years.
o High-tech manufacturing: Precision instruments, electronics, and dental products.
o Tourism: Alpine sports, medieval castles, and scenic villages.
- Low unemployment and public debt.
- Currency Union: Uses the Swiss Franc, and is closely aligned with Switzerland in economic policy.
________________________________________
Politics and Society
- Unique monarchy: The Prince holds real political power - can veto laws, dismiss parliament, and call referendums.
- Direct democracy: Citizens can trigger referendums or repeal laws with enough signatures.
- Highly educated and affluent population.
- Roman Catholic majority.
________________________________________
Culture
- Germanic traditions: Strong influence from neighboring Swiss and Austrian culture.
- Architecture: Mix of modern and medieval, with landmarks like Vaduz Castle (home of the royal family).
- Events:
o National Day: August 15 - includes fireworks and festivities with royal family attendance.
o Music and arts: Liechtenstein has a thriving arts scene, with institutions like the Kunstmuseum Liechtenstein.
- Food: Similar to Swiss/Austrian fare - cheese, sausages, pastries - plus unique dishes like Käsknöpfle (cheesy dumplings).
________________________________________
Transport & Accessibility
- No airport: Nearest major airport is in Zurich, Switzerland.
- Public Transport: Well-connected via buses and trains (ÖBB from Austria).
- Car and bike friendly: Scenic alpine roads and trails.
________________________________________
Fun Facts
- Liechtenstein and Uzbekistan are the only two doubly landlocked countries in the world.
- It's one of the few countries with more registered companies than citizens.
- Once, in 2007, Liechtenstein was "invaded" by accident when Swiss troops mistakenly crossed the border during a training exe
________________________________________
Overview
- Official Name: Principality of Liechtenstein
- Capital: Vaduz
- Largest Municipality: Schaan
- Population: 39,000 (as of 2024)
- Area: 160 km² (62 square miles)
- Official Language: German
- Currency: Swiss Franc (CHF)
- Government: Constitutional monarchy with a parliamentary system
- Head of State: Prince Hans-Adam II (though his son, Hereditary Prince Alois, handles day-to-day affairs)
- Head of Government: Prime Minister Daniel Risch (as of 2024)
________________________________________
Geography
- Location: Central Europe, nestled in the Alps between Switzerland (to the west and south) and Austria (to the east and north).
- Topography: Mountainous and alpine, ideal for skiing and hiking. Highest peak: Grauspitz (2,599 meters / 8,527 ft).
- No coastline: Landlocked and entirely within the Rhine Valley and mountainous eastern Alps.
________________________________________
History
- Holy Roman Empire Origins: The Liechtenstein family acquired the territory in the early 18th century.
- Founded: 1719, when the Holy Roman Emperor Charles VI declared Vaduz and Schellenberg a principality under the Liechtenstein name.
- Independent since 1806: Joined the Confederation of the Rhine under Napoleon.
- Neutrality: Maintained strict neutrality during both World Wars.
- Modern Era: Strong economic development since the mid-20th century, especially through banking and financial services.
________________________________________
Economy
- GDP per capita: One of the highest in the world.
- Main sectors:
o Finance and banking: Known as a tax haven, though reforms have tightened rules in recent years.
o High-tech manufacturing: Precision instruments, electronics, and dental products.
o Tourism: Alpine sports, medieval castles, and scenic villages.
- Low unemployment and public debt.
- Currency Union: Uses the Swiss Franc, and is closely aligned with Switzerland in economic policy.
________________________________________
Politics and Society
- Unique monarchy: The Prince holds real political power - can veto laws, dismiss parliament, and call referendums.
- Direct democracy: Citizens can trigger referendums or repeal laws with enough signatures.
- Highly educated and affluent population.
- Roman Catholic majority.
________________________________________
Culture
- Germanic traditions: Strong influence from neighboring Swiss and Austrian culture.
- Architecture: Mix of modern and medieval, with landmarks like Vaduz Castle (home of the royal family).
- Events:
o National Day: August 15 - includes fireworks and festivities with royal family attendance.
o Music and arts: Liechtenstein has a thriving arts scene, with institutions like the Kunstmuseum Liechtenstein.
- Food: Similar to Swiss/Austrian fare - cheese, sausages, pastries - plus unique dishes like Käsknöpfle (cheesy dumplings).
________________________________________
Transport & Accessibility
- No airport: Nearest major airport is in Zurich, Switzerland.
- Public Transport: Well-connected via buses and trains (ÖBB from Austria).
- Car and bike friendly: Scenic alpine roads and trails.
________________________________________
Fun Facts
- Liechtenstein and Uzbekistan are the only two doubly landlocked countries in the world.
- It's one of the few countries with more registered companies than citizens.
- Once, in 2007, Liechtenstein was "invaded" by accident when Swiss troops mistakenly crossed the border during a training exe
Book Details
- Publisher: Independently Published
- Publish Date: Apr 15th, 2025
- Pages: 250
- Language: English
- Edition: undefined - undefined
- Dimensions: 9.00in - 6.00in - 0.53in - 0.75lb
- EAN: 9798319497116
- Categories: • Non-Classifiable