Improvement economy: Difference between revisions

The large wave of infrastructure projects is envisioned by proponents of the improvement economy to essentially {{wp|bootstrap}} economic modernization by creating all the conditions necessary for the establishment of robust urban {{Wp|service sector|service economies}} in the major Cronan cities as an outgrowth of the construction (and later infrastructure maintenance) workforces, such as restaurants, vehicle charging stations (and/or gas stations), retail stores, and other similar firms that would result as a concentration of people and excess capital in major cities. The large number of construction projects was intended to create a huge number of new local construction firms to serve as contractors, the owners of whom would form the basis of a new indigenous economic elite that would reinvest in other profitable enterprises locally. The payment of prevailing wage would also bypass some of the expected waste, fraud, and abuse of local construction contractors by putting large amounts of disposable income directly into the hands of Cronan workers. As planned, the Urcean improvement economy system was also envisioned to make Cronan cities attractive to foreign capital due to their well-developed and easily travelable networks as well as amenity-filled inner cities. In addition to the economic plan, some have observed that the improvement economy as used in the [[Nysdra Sea]] area is a method by which Urcea creates a class of individuals in the region loyal to it and willing to support governments Urcea helped establish, thereby creating a virtuous circle of support and continued alliance.