Detail práce

Growing Role of Switzerland in Commodity Trade

Autor: Bc. Ondřej Sláma
Rok: 2014 - letní
Vedoucí: doc. Petr Janský Ph.D.
Typ práce: Bakalářská
Jazyk: Anglicky
Stránky: 50
Abstrakt: This thesis assesses causes and consequences of Switzerland becoming the world's
leading commodity hub. In both the replication and the extension of existing esti-
mates, I find support for the hypothesis that Switzerland declares unusually higher
(re-)export prices for commodities which are also on average under-priced as devel-
oping country exports to Switzerland. The transfer pricing manipulation process
implies a potential capital loss for commodity exporting countries along with other
movement of either illicit or illegal financial ows. The highest annual estimate of
$117 billion loss for developing countries trading with Switzerland suggests substan-
tial issue in times of development aid turmoil. I attribute such grievous matters
to Switzerland's low efort to meet international norms of international trade and
trade transparency. The transfer pricing manipulation might also serve as a vehicle
for money laundering, terrorist financing, corruption, or tax and tarif evasion and
avoidance, as the data imply.




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