 In 1719 the princely House of Liechtenstein, which
still rules this constitutional monarchy, purchased a strip of Rhine
floodplain and adjacent mountains. Because of liberal tax policies and
banking laws, this satellite of Switzerland counts more companies than
citizens. Prosperous, with no public debt, Liechtenstein has one of the
world's highest living standards. Only as recently as 1984 were women
allowed to vote in national elections. The citizenry has voted for the
country to join the EEA (European Economic Area). |
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