Liechtenstein and Morocco

1253 Words3 Pages

In a culture replete with fairy tales, one may expect the largest problems of a monarchy to revolve around true love’s first kiss or defeating dragons. The Duke and Duchess of Cambridge have supplied the world with a heavy dose of royal romance, but most modern monarchs spend their days at the office fighting conceptual dragons. These dragons come in all shapes and sizes around the world as each country has its own present struggles. Yet, some issues arguably stem from the monarchs themselves. Contemporary tensions in Liechtenstein and Morocco, specifically, reflect the priorities of their respective monarchs.
The Holy Roman Emperor Charles VI established the modern country of Liechtenstein in 1719 when he declared it a separate institution from his own empire. The ruling family lived outside of the country until the twentieth century, at which point Prince Franz Josef II relocated permanently to Vaduz Castle (Forty).
Currently, the Principality of Liechtenstein is known largely for their financial resources. In its early history, Liechtenstein had serious financial troubles. The military disbanded in 1868 due to a lack of funding (Naylor) and has never been reestablished. The country maintained neutrality in both world wars, but the ailments of battered Europe bled over borders and the nation suffered major financial blows (Naylor). Modern ruler Prince Hans-Adam II turned things around by applying his studies in business, economics, and law. Said Hans-Adam in 2013, “My father [Franz Josef II] had been financing the monarchy by selling art and land since world war two…The family bank was in bad shape, and the family business…was also in bad shape, so I started to get involved with reorganizing the bank” (Shotter). That reorga...

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