Looking back at history, then there have been economic crises with serious proportions on the economy of  Switzerland, Germany and Austria. We must look at the entire world economy and the impact of global economic crisis on Switzerland, Germany an Austria. The first major world economic crisis of 1929 was certainly one of the biggest crises in recent economic history.

It followed the oil crises in 1973 and 1979 - 1980. The increasing integration of markets and the advent of information technology during the late 20th Century opened up new possibilities and made the economies more closely together.

This development also fostered the emergence of the current crisis. They took their beginning in 2000 as the dot - com bubble burst a speculative bubble. The measures, which were then taken to stabilize the economy provided, in the aftermath of a global economic boom. In Switzerland, for example, the number of unemployed in 2006 was at its lowest level since the early nineties.In July 2007, the Swiss Market Index "SMI", with 9567 points its highest to date stand.

This time, however, also marked the turning point of this development, economic growth began to falter. Began as a crisis in international financial markets in the second half of  2007, this economic boom reversed slowly in a downward spiral that could stop himself no longer through the use of central banks to ensure liquidity in the markets. First, an attempt was made mainly through the media and politics to downplay the extent, but then came the Boomerang - Effect.

The Boomerang - Effect now feels the small - medium sized companies now, because of cost pressures coming through the globalization of markets and the shift to the new challenges to companies and their managers.