Referendums in Economics and Politics

well with referendums coming up in every part of the world, news came from the land of ice I mean Iceland which conveys that referendum of paying dollars over the losses faced due to the private bank failures. Referendum news from Iceland says that over 90% citizens voted against this referendum or bill and the number of people to protest against this referendum is increasing day by day.
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Over the past week the UN along with the Independent Election Commission have reviewed the votes in the Constitutional Referendum. Today, the results and the passage of the Constitution was certified. Sunni populated areas were largely against the Referendum, although it still passed with 78% across the nation, with only two provinces failing to pass it. On December 15th there will be a nation wide Parliament election under the newly passed constitution.
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Referendums in politics had a direct impact on social welfare coverage of Swiss citizens. During the first oil price crisis Switzerland suffered from very high unemployment. At that time the Swiss government created mandatory unemployment insurance. This social welfare system did not provide a significant amount of relief for unemployed Swiss citizens. Through a referendum in politics coverage was increased giving the people of Switzerland immediate benefits, and extensions in the their social welfare program.
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