Economy of Burgundie: Difference between revisions

From IxWiki
Jump to navigation Jump to search
Tags: Mobile edit Mobile web edit Advanced mobile edit
 
(11 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{Economy of Burgundie}}
[[Burgundie]] is a founding member of a number of global the League of Nations, World Bank, International Monetary Fund, World Health Organization, World Trade Organization, International Maritime Organization, World Food Program, International Red Cross, and other international organizations. [[Burgundie]] is a highly developed country, with a GDP of $19.1 trillion and a GDPPC of $50,170. It accounts for approximately a 47% of the world’s maritime shipping traffic which has made the country rich. However, since it lacks a diverse native manufacturing base it is susceptible to fluctuations in the global markets.


[[Burgundie]] is the world's largest importer operating on a massive trade deficit that it offsets with its taxes on the shipping industry as well an aggressive international loan policy. [[Burgundie]] ranks among the highest nations in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person.


Burgundian Economy by Industry
[[Burgundie]] is a highly developed, {{wpl|post-industrial}}, {{wpl|Tertiary sector of the economy|agro}}-{{wpl|Tertiary sector of the economy|services}} economy. Services, particularly maritime logistics, medical, and education make us the largest sector of financial activity. However, {{wpl|Agribusiness}} constitute the largest sector by number of employee. Based in the [[Latinic]] concept of {{wpl|latifundium}}, and later colonial {{wpl|patroon}}ships, large-scale, commercial agriculture is cornerstone of the Burgoignesc economic engine both in the [[Burgoignesc Metropole]] and its overseas territories.


 Transport and Storage (25.3%)
===Agriculture===
The [[Burgundie|Burgoignesc]] food production system is characterized by a highly efficient, technologically advanced approach, driven by large-scale latifundia, substantial state investment, and the integration of AI-driven management. This profile examines the agricultural, grazing, and fishing sectors within the Metropole's diverse climatic zones, with a focus on modern land-use practices that further enhance efficiency. The prevalence of the latifundia system, characterized by large-scale estates, facilitates substantial investment in advanced technology and robust infrastructure. Significant state investment, through grants and subsidies, supports agricultural research, the adoption of cutting-edge technologies, and the expansion of production. Artificial intelligence plays a crucial role, with AI systems analyzing extensive datasets encompassing weather patterns, market prices, soil conditions, and crop growth to optimize farm management, irrigation strategies, yield prediction, and pest control. Advanced mechanization is employed across all stages of production, from planting and harvesting to processing and transportation. Data-driven decision-making, utilizing real-time data and analytics, informs every aspect of agricultural operations, maximizing efficiency and minimizing waste. Furthermore, AI and machine learning algorithms are utilized for land-use optimization, considering factors such as soil type, topography, water availability, and market demand to ensure the most productive and sustainable use of each parcel of land. An integrated land management approach is also adopted, recognizing the interconnectedness of various land uses, such as agriculture, forestry, and grazing, to maximize synergies and minimize conflicts. This integrated approach, combined with modern land-use practices like {{wp|agrovoltaics}}, {{wp|agroforestry}}, and {{wp|silvopasture}}, further enhances efficiency, optimizes resource utilization, and promotes environmental sustainability, making [[Burgundie]]'s food production system a highly advanced and integrated model that achieves high levels of productivity, food security, and export capacity.


 Services (18.2%)
====Haloculture====
{{Further|Flower of salt, Poro ruru}}


 Heavy Manufacturing (16.6%)
====Viticulture====
{{Further|Burgoignesc wine regions}}


 Construction (13.9%)
====Floriculture====


 Healthcare (8.3%)
===Tourism===
<gallery mode="packed">
File:Bains romains d'Essalhine Khenchela, Algerie.jpg
</gallery>


 Agriculture and Mining (7.1%)
===Trade===
====Maritime shipping====
{{Further|Merchant Marine of Burgundie}}


 Wholesale/Retail (3.5%)
=====Key maritime shipping companies=====
*[[O'Shea Container Shipping]]
*[[Burgoignesc North Levantine Trading Company]]
*[[Burgoignesc South Levantine Trading Company]]
*[[Port Extranjero]]
===Finance sector===


 Insurance and Security (3.2%)
===Manufacturing===
====Shipwrights====
=====Key shipwrights=====
*[[Doppel Gangway]]
*[[Lansing Lines]]
*[[O'Shea Container Shipping]]


 Medical Sevices/Pharmaceuticals (2.9%)
====Defense industry====
=====Key defense companies=====
*[[Gerin-Lajoie Weaponeering]]
*[[Lansing Lines]]
*[[Lansing-Mitchell Weaponeering]]
*[[Cross Trucking Company]]


 Other (1%)
===Mining and mineral extraction===
*{{wp|Lignite coal}}
*Subbitumimous coal
*Amber


Burgundie's economy is comparatively massive, highly-advanced and industrialized, with a national GDP of $10 trillion and GDP per capita of $50,170 as of 2028, and a low unemployment rate of only 3.26%. The official currency, Imperial Dollar ($), is the currency of the Holy Levantine Empire. The private sector and nonprofit sectors represent 59% of the country's GDP and the public sector the remaining 41%.
====Key Mineral extraction companies====
*[[List_of_companies_by_industry_in_Burgundie#Mineral_Extraction|Baiereal Petrochemical]]
*[[List_of_companies_by_industry_in_Burgundie#Mineral_Extraction|Shalerod Mining]]


The Burgundian economy is dominated by maritime trade, followed by the heavy manufacturing. The maritime sector accounts for 43.5% of the national GDP, and employs 37% of the population. Heavy manufacturing makes up 16.6% of the GDP, and employs 20.1% of the population. Economic growth for the last fiscal year was slow, with a growth rate of only .76%. The private sector dominates the national economy, with the private sector constituting 84% of the economy and the public sector just 17%.
===Industrial recycling===
E-recycling, Rare earth metals recovery
===Infrastructure===
====Rail====
{{Further|Rail transportation in Burgundie}}
[[Burgundie]] uses [[Track gauges around the world|Standard gauge]], 1,435 mm (4 ft 8+1⁄2 in) as most of its rail infrastructure has been under the auspices of the [[Holy Levantine Empire]] and the [[Levantine Union]], who all use that rail gauge. It has propagated this into a global standard across the [[Burgoignesc thalattocracy]].


As a post-industrial economy, Burgundie is highly reliant on global market to perform well in order to ensure that the local market remain healthy. The Merchant Marine of Burgundie has a total capacity of 214,573,650 metric tons spread across 4,146 ships, and is dominated by O’Shea Container Shipping, Lansing Lines and Doppel Gangway. Burgundie plays a major role in maintaining international trade at the sacrifice of its own self-sufficiency and resources independence. Since history has dictated that Burgundie maintain a thalossocratic presence in the world it controls very little land, all of which has long been stripped of its natural resources.
====Roads====


A central feature of the Burgundian economy is the economic freedom afforded to the private sector by allowing the private sector to make the majority of economic decisions in determining the direction and scale of what the Burgundian economy produces. This is enhanced by relatively low levels of regulation and government involvement, as well as a court system that generally protects property rights and enforces contracts. Today, Burgundie is home to 3.7 million small businesses, 884 millionaires, 58 billionaires, as well as 15 of the world's 500 largest companies.
===Econonmic history===
During the 17th and 18th century, due to the technological explosion of the {{wpl|Renaissance|Late Renaissance}}, later {{wpl|Enlightenment}}, and its resulting [[Burgoignesc Colonial Empire|colonial empire]], Burgundie had a preeminent role in the global economy, accounting for 5.1% of the world's GDP in [[1770]]. The loss of much of its [[Burgoignesc Colonial Empire|colonial empire]], lagging behind in the adoption of industrialization in the 19th century, and the cost of fighting both the [[First Great War|First]] and [[Second Great War]]s as well as [[Operation Kipling]] further weakened [[Burgundie]]'s relative position in the 20th century. Despite a relative decline in its global dominance, in the 21st century [[Burgundie]] retains the ability to project significant power and influence around the world.


From its emergence as an independent nation, Burgundie has encouraged science and innovation. In the early 20th century, the research developed through informal cooperation between Burgundian industry and academia grew rapidly and by the late 1940s exceeded the size of that taking place in much larger countries.
In the 18th century, [[Burgundie]] was among the first nations to industrialise.


 
==See also==
==Culture and trends==
 
On the local level Burgundie has deemed itself a “shoeshine/barbershop economy”. What this means is that aside from large-scale conglomerates most businesses are small-scale and serves the individuals who work for the conglomerates. The term comes from the practice of workers getting a shave and having their shoes shined before work at mobile barbers and shoe shiners that roam the early morning streets on the way into work. The concept more broadly applies to all of the service industries that support the working classes doing their work. The Bureau of Labor’s Divison of Labor Statistics have speculated that these small one-man enterprises generate a massive amount of economic activity in the country.
 
===Recent statistics depicting the status of the Burgoignesc economy===
{| class="wikitable sortable"
|- style="font-weight:bold;"
! 5yr avg. growth rate
! Previous 5yr avg. growth rate
! GDP (nominal) (2026)
! GDPPC (2026)
! GDP (nominal) (2025)
! GDPPC (2025)
! GDP (nominal) (2024)
! GDPPC (2024)
! GDP (nominal) (2023)
! GDPPC (2023)
! GDP (nominal) (2022)
! GDPPC (2022)
|-
| 0.8% {{font color|green|ᛏ}}
| -.3%
| $20.7 trillion {{font color|green|ᛏ}}
| $53,529.61 {{font color|green|ᛏ}}
| $18.8 trillion {{font color|green|ᛏ}}
| $48,591.39 {{font color|green|ᛏ}}
| $18.7 trillion {{font color|green|ᛏ}}
| $49,541.45 {{font color|green|ᛏ}}
| $18.6 trillion {{font color|red|ᛎ}}
| $49,042.11 {{font color|red|ᛎ}}
| $18.8 trillion {{font color|red|ᛎ}}
| $49,434.70 {{font color|red|ᛎ}}
|-
|}
 
==Wealth, Income and Economic Classes in Burgundie==
 
The nominal GDPPC of Burgundie is $50,170. This is reflective of the economic situation in Burgundie. The following is a break down of the economic classes in the country and their designations as determined by the nation's tax code.
 
 
 
 
 
===Economic Class===
 
 
 
Annual Household Salary
 
 
 
% of Total Population
 
 
 
Number of Pop. in Class
 
 
 
 
Rich
 
 
 
more than $500,000
 
 
 
4%
 
 
 
8,000,000
 
 
 
 
 
Upper Class
 
 
 
$200,000-499,999
 
 
 
10%
 
 
 
20,000,000
 
 
 
 
 
Middle Class
 
 
 
$100,000-199,999
 
 
 
14%
 
 
 
28,000,000
 
 
 
 
 
Working Class
 
 
 
$60-99,999
 
 
 
46%
 
 
 
92,000,000
 
 
 
 
 
Working Poor
 
 
 
$45-59,999
 
 
 
15%
 
 
 
30,000,000
 
 
 
 
 
Poor
 
 
 
$25-44,999
 
 
 
8%
 
 
 
16,000,000
 
 
 
 
 
Impoverished
 
 
 
less than $25,000
 
 
 
3%
 
 
 
6,000,000
 
 
 
 
 
==Government Spending==
 
On average the Golden Council of Ten allots $4.1 trillion in discretionary funds each year (41% of GDP).
 
 
Burgundian Discretionary Funds
 
 Military (30%)
 
 Education (15%)
 
 Transportation (11%)
 
 Infrastructure (10%)
 
 Veterans Benefits (10%)
 
 Science (9%)
 
 Housing and Community (6%)
 
 Environment and Energy (5%)
 
 Health Programs (4%)
 
 Food and Agriculture (4%)
 
==Private Sector Spending==
 
Representing 59% of the economic spending activity in Burgundie. 48% of the is represented by e-commerce.
 
==Private sector socialism==
 
The sense of commonwealth among the Bergendii is born from the ancient raiding traditions. Each man looked out for his fellow boat-mates as though they were his brothers. If the sailors were to die the men of the boat would adopt and support his wife and family until she remarried. When the raiders became "landed" the "boat bond" was continued in each hamlet. They became known as meal groups this meant that the bread winners were collectively responsible for feeding the hamlet at the evening meal. This sense of commonwealth continues to this day with the practice of meal group not only in the neighborhoods around Burgundie but also, starting in the 1920s the rise of public health concepts led major companies to adopt the meal group mind set. In the 1980s many companies were buying apartment blocks and high rises near their factories and subsidizing their rent in order as an incentive. These "company rows" had become standard practice and by the late 80s, every manufacturing plant offered housing to all of its employees. This form of private sector socialism staunched the rise of the communist movement in Burgundie because it staked the fortunes of the working class on the upper class. Communist theorists decried this move as exacerbating the issue of inequity, but by the 1990s the communist movement in Burgundie was essentially dead.
 
==Top 10 Largest Burgoignesc Companies==
 
 
 
Lansing-Mitchell Weaponeering-small arms weapons manufacturing
 
 
 
O'Shea Heavy Industrial Systems-global shipping and infrastructure construction company
 
 
 
Lansing Lines-local rail and maritime shipping company
 
 
 
Doppel Gangway-specializing in passenger liners, primarily offering service between the Burgundian territories
 
 
 
Christensen Holdings-real estate, infrastructure investment, lending, wealth management
 
 
 
Roth Insurance LLC-insurance firm offering all forms of insurance, but specializing in maritime insurance (also has an armed maritime escort service)
 
 
 
Cross Trucking Company- a mid-sized automotive company specializing in industrial, police and non-combat military vehicles
 
 
 
Beacon Business Continuity and Incident Management- split into two divisions, Beacon BC/IM offers both Business Continuity and Incident Management services
 
 
 
Perfect Storm Emergency Response Corps- comprehensive emergency management service with a volunteer corps of 2,020 personnel who can mobilize to any part of Greater Ixnay in less then 48 hours
 
 
 
Waldo Green Grocer Company- a massive international supermarket chain
 
 
 
==Real estate==
 
The homeownership rate in Burgundie is above average at 81.4%. This is due to both an aggressive effort by the royal family through Palacin Holdings to ensure both that homelessness is eradicated and through wholistic social programming that seeks to improve the living standard for all Burgoignacs.
 
==Currency==
 
 
The Viceimperial Bank of Burgundie, pictured here, is locally responsible for minting and maintaining the Imperial Dollar, the currency of the Holy Levantine Empire.
 
The Imperial Dollar is considered one of the world's strongest currencies, currently exchanging at U$1 for $1.95 USD. The currency itself is the common currency issued by the Holy Levantine Empire and used by most of the states therein; nevertheless, it is primarily coined in Urceopolis and much of its stability is attributable to the Royal Bank of Urcea. The Imperial Dollar is often used as the "default currency" of business in Levantia and even in some parts of Crona and Ixnay, as well as finding use in parts of Punth as a general currency of trade. It is a fiat currency, though in the past it was based on a gold standard. The Dollar is one of the globally accepted hard currencies and is a primary reserve currency in Levantia and abroad.
 
Finding its origin in the thaler of the Kingdom of Ultmar, the Dollar eventually became the trade currency of Levantia as a whole and beyond.
 
Despite the uniform nature of the Dollar, it will still have some regional variety in the type of bills and coins themselves; Burgoignesc bills, for example, tend to show scenes of the thalattocracy's history related to their mastery of the sea. Other states of the Empire tend to display their head of state or historic heads of state alongside the seal of the Empire.
 
==The Black Market and Corruption==
 
Because of its reliance on trade and the private sector the Burgundian economy has long been fairly unregulated, by the government. However, the private sector has a long tradition of cooperation with the Revenue Guard and policing any black market activity. As such, the black market is practically non-existent. This does not apply to the internet. Intellectual property piracy in Burgundie is rife and the conservative, traditionalist Revenue Guard have been slow to respond. In response to this, the private sector has turned to the court system and since approximately 2003 the courts have been presided over by pro-business judges. This has led to cries among the populace that a certain level of corruption exists in the courts, which is anathema in the country where corruption is tantamount to treason.
 
===A Brief History of Corruption in Burgundie===
 
When Burgundie became independent, it eschewed as many Fiannrian institutions and traditions as it could, to distinguish itself. Corruption was one of those traditions, less an endemic problem across the whole of Fiannria and more an issue with the Fiannrian appointed Dukes in Burgundie. In the early days of independence a moral and social campaign was embarked upon to do away with corruption. It was soon considered an affront to not only your family, but your community and the fledgling nation. The strong sense of commonwealth of the BergesMenn, that has always kept them together despite foreign rule, was also at stake in corruption cases and the citizens wouldn't stand for it. In time, corruption, while not legally punishable, was to become social suicide. Families with ties to corrupt politicians and businessmen were shunned and socially exiled. In the 21st century this is as true as ever and in light of the accusations that the justice system is corruptly pro-business, people have begun to question the courts more openly.
{{Burgundie NavBox}}
{{Burgundie NavBox}}
[[Category:Burgundie]]
[[Category:Burgundie]]
[[Category:Economy of Burgundie]]
[[Category:Economy of Burgundie]]
[[Category:IXWB]]

Latest revision as of 09:29, 1 January 2025

Burgundie is a founding member of a number of global the League of Nations, World Bank, International Monetary Fund, World Health Organization, World Trade Organization, International Maritime Organization, World Food Program, International Red Cross, and other international organizations. Burgundie is a highly developed country, with a GDP of $19.1 trillion and a GDPPC of $50,170. It accounts for approximately a 47% of the world’s maritime shipping traffic which has made the country rich. However, since it lacks a diverse native manufacturing base it is susceptible to fluctuations in the global markets.

Burgundie is the world's largest importer operating on a massive trade deficit that it offsets with its taxes on the shipping industry as well an aggressive international loan policy. Burgundie ranks among the highest nations in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person.

Burgundie is a highly developed, post-industrial, agro-services economy. Services, particularly maritime logistics, medical, and education make us the largest sector of financial activity. However, Agribusiness constitute the largest sector by number of employee. Based in the Latinic concept of latifundium, and later colonial patroonships, large-scale, commercial agriculture is cornerstone of the Burgoignesc economic engine both in the Burgoignesc Metropole and its overseas territories.

Agriculture

The Burgoignesc food production system is characterized by a highly efficient, technologically advanced approach, driven by large-scale latifundia, substantial state investment, and the integration of AI-driven management. This profile examines the agricultural, grazing, and fishing sectors within the Metropole's diverse climatic zones, with a focus on modern land-use practices that further enhance efficiency. The prevalence of the latifundia system, characterized by large-scale estates, facilitates substantial investment in advanced technology and robust infrastructure. Significant state investment, through grants and subsidies, supports agricultural research, the adoption of cutting-edge technologies, and the expansion of production. Artificial intelligence plays a crucial role, with AI systems analyzing extensive datasets encompassing weather patterns, market prices, soil conditions, and crop growth to optimize farm management, irrigation strategies, yield prediction, and pest control. Advanced mechanization is employed across all stages of production, from planting and harvesting to processing and transportation. Data-driven decision-making, utilizing real-time data and analytics, informs every aspect of agricultural operations, maximizing efficiency and minimizing waste. Furthermore, AI and machine learning algorithms are utilized for land-use optimization, considering factors such as soil type, topography, water availability, and market demand to ensure the most productive and sustainable use of each parcel of land. An integrated land management approach is also adopted, recognizing the interconnectedness of various land uses, such as agriculture, forestry, and grazing, to maximize synergies and minimize conflicts. This integrated approach, combined with modern land-use practices like agrovoltaics, agroforestry, and silvopasture, further enhances efficiency, optimizes resource utilization, and promotes environmental sustainability, making Burgundie's food production system a highly advanced and integrated model that achieves high levels of productivity, food security, and export capacity.

Haloculture

Viticulture

Floriculture

Tourism

Trade

Maritime shipping

Key maritime shipping companies

Finance sector

Manufacturing

Shipwrights

Key shipwrights

Defense industry

Key defense companies

Mining and mineral extraction

Key Mineral extraction companies

Industrial recycling

E-recycling, Rare earth metals recovery

Infrastructure

Rail

Burgundie uses Standard gauge, 1,435 mm (4 ft 8+1⁄2 in) as most of its rail infrastructure has been under the auspices of the Holy Levantine Empire and the Levantine Union, who all use that rail gauge. It has propagated this into a global standard across the Burgoignesc thalattocracy.

Roads

Econonmic history

During the 17th and 18th century, due to the technological explosion of the Late Renaissance, later Enlightenment, and its resulting colonial empire, Burgundie had a preeminent role in the global economy, accounting for 5.1% of the world's GDP in 1770. The loss of much of its colonial empire, lagging behind in the adoption of industrialization in the 19th century, and the cost of fighting both the First and Second Great Wars as well as Operation Kipling further weakened Burgundie's relative position in the 20th century. Despite a relative decline in its global dominance, in the 21st century Burgundie retains the ability to project significant power and influence around the world.

In the 18th century, Burgundie was among the first nations to industrialise.

See also