Puertego: Difference between revisions
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==Economy and Infrastructure== | ==Economy and Infrastructure== | ||
''The economy of Puertego is considered a mixed model economy based largely on natural resource extraction primarily via agriculture and mining and manufacturing primarily of steel, chemicals, and textiles. The economic liberalizations brought by the incumbent president have switched the country from an extraction based planned economy to one split between extraction and industry, the country has adopted much greater economic freedoms than it had under any previous governments with the Special Investment Zones established under him meant to attract foreign investment through very reduced regulations and taxes to business operating there, though the government also maintains monopolies with their state run industries which operate in utilities and natural resources. Economic growth in the nation has been relatively steady with the economy growing by an average of 6-7% each year since 2001 primarily attributed to the Special Investment Zones established at the time, foreign investors in Puertego get many benefits from the government including temporary subsidies for their investments and not having the full amount of their wealth made from it taxed. The poverty rate in Puertego is around 1 in 5 Puertetgans living below the poverty line, in addition the Puertegan government offers very little in terms of social welfare for average citizens, this combination means that there is a large amount of street crime in the nation's cities and a large black market | ''The economy of Puertego is considered a mixed model economy based largely on natural resource extraction primarily via agriculture and mining and manufacturing primarily of steel, chemicals, and textiles. The economic liberalizations brought by the incumbent president have switched the country from an extraction based planned economy to one split between extraction and industry, the country has adopted much greater economic freedoms than it had under any previous governments with the Special Investment Zones established under him meant to attract foreign investment through very reduced regulations and taxes to business operating there, though the government also maintains monopolies with their state run industries which operate in utilities and natural resources. Economic growth in the nation has been relatively steady with the economy growing by an average of 6-7% each year since 2001 primarily attributed to the Special Investment Zones established at the time, foreign investors in Puertego get many benefits from the government including temporary subsidies for their investments and not having the full amount of their wealth made from it taxed. The poverty rate in Puertego is around 1 in 5 Puertetgans living below the poverty line, in addition the Puertegan government offers very little in terms of social welfare for average citizens, this combination means that there is a large amount of street crime in the nation's cities and a large black market estimated to be worth around $22 billion with this being allowed to happen by pervasive corruption in almost all levels of the government.'' | ||
===Industries and Sectors=== | ===Industries and Sectors=== | ||
''The single largest sector of Puertego's economy is manufacturing with it making up 64% of the economy and employing 33% of the workforce, the primary manufacturing products in the country are steel, aluminum, various chemicals, and textiles with Puertego also having become a very attractive place for companies to outsource jobs to due to the of their workforce and the low taxes and regulations on business there. Resource extraction is also a very large section of the economy with it making up 28% of the economy and employing 57% of the population, the primary resources sold off by Puertego are often minerals such as iron, gold, tin, nickle, and copper, and agriculture products such as rubber and sugar, all of the natural resources in Puertego including minerals, oil, non-food agriculture, and even fresh water and owned and operated by government run companies. Services are a relatively small section of the economy only making up 8% of the economy and employing 10% of the population with most of the people working in this sector working in finance, banking, or utilities.'' | ''The single largest sector of Puertego's economy is manufacturing with it making up 64% of the economy and employing 33% of the workforce, the primary manufacturing products in the country are steel, aluminum, various chemicals, and textiles with Puertego also having become a very attractive place for companies to outsource jobs to due to the of their workforce and the low taxes and regulations on business there. Resource extraction is also a very large section of the economy with it making up 28% of the economy and employing 57% of the population, the primary resources sold off by Puertego are often minerals such as iron, gold, tin, nickle, and copper, and agriculture products such as rubber and sugar, all of the natural resources in Puertego including minerals, oil, non-food agriculture, and even fresh water and owned and operated by government run companies. Services are a relatively small section of the economy only making up 8% of the economy and employing 10% of the population with most of the people working in this sector working in finance, banking, or utilities.'' | ||
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''The official currency of Puertego is the Puertegan Damillo, the Damillo is the second longest lasting currency in Puertego having been in use for 26 years. The Damillo currency suffers from an inflation rate of 20% though the government has been making strides to attempt to reduce inflation over the years. The Damillo is split into denominations of 10, 20, 50, 100, 250, 500, and 1,000 which are all issued by the Puertegan Central Bank.'' | ''The official currency of Puertego is the Puertegan Damillo, the Damillo is the second longest lasting currency in Puertego having been in use for 26 years. The Damillo currency suffers from an inflation rate of 20% though the government has been making strides to attempt to reduce inflation over the years. The Damillo is split into denominations of 10, 20, 50, 100, 250, 500, and 1,000 which are all issued by the Puertegan Central Bank.'' | ||
===Healthcare=== | ===Healthcare=== | ||
''Puertego offers free healthcare to all its citizens though the quality is notoriously poor with overcrowding meaning that often times patients have to share beds, unsanitary conditions, and long wait times, there is also a lot of corruption in the government run healthcare with embezzlement being commonplace in the nation's hospitals and many patients reporting doctors demanding bribes to write perscriptions for them. However there have been attempts by the government to increase the quality by cracking down on corruption in the industry with much heavier monitoring of staff and administrators, additionally the government has begun building clinics in rural communities with no access to regular hospitals and also provides | ''Puertego offers free healthcare to all its citizens though the quality is notoriously poor with overcrowding meaning that often times patients have to share beds, unsanitary conditions, and long wait times, there is also a lot of corruption in the government run healthcare with embezzlement being commonplace in the nation's hospitals and many patients reporting doctors demanding bribes to write perscriptions for them. However there have been attempts by the government to increase the quality by cracking down on corruption in the industry with much heavier monitoring of staff and administrators, additionally the government has begun building clinics in rural communities with no access to regular hospitals and also provides cheap clean drinking water and free vaccinations to all citizens with the latter being attributed to a large reason for the country almost eradicating certain diseases like Polio. The government spends around 11% of its annual budget on its healthcare system.'' | ||
===Labor=== | ===Labor=== | ||
''Puertegan workers are forbidden to unionize by law in any state or privately-owned company, the Puertegan government has a long history of violently putting down any attempt by their workers to unionize and or strike, things such as workers co-op's are also explicitly banned by law. Puertego has very few laws regarding labor particularly in regard to workplace safety standards and minimum wage though this has also made Puertegan workers famously cheap which is another reason many companies are outsourcing production to there.'' | ''Puertegan workers are forbidden to unionize by law in any state or privately-owned company, the Puertegan government has a long history of violently putting down any attempt by their workers to unionize and or strike, things such as workers co-op's are also explicitly banned by law. Puertego has very few laws regarding labor particularly in regard to workplace safety standards and minimum wage though this has also made Puertegan workers famously cheap which is another reason many companies are outsourcing production to there.'' | ||
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''In Puertego the government maintains a national highway system running to major cities and a few of the larger towns though most of rural Puertego has to rely on dirt roads, maintenance of the road system has always been rather patchy due to embezzlement by officials meaning that the road system is often peppered with potholes. The government provides free public transport in cities with its bus routes going through them, a large reason for this is the large cost of owning a car due to almost all of them having to be imported from other countries and there being a rather limited supply. The government spends around 5% of its annual budget on transportation and maintenance of roads.'' | ''In Puertego the government maintains a national highway system running to major cities and a few of the larger towns though most of rural Puertego has to rely on dirt roads, maintenance of the road system has always been rather patchy due to embezzlement by officials meaning that the road system is often peppered with potholes. The government provides free public transport in cities with its bus routes going through them, a large reason for this is the large cost of owning a car due to almost all of them having to be imported from other countries and there being a rather limited supply. The government spends around 5% of its annual budget on transportation and maintenance of roads.'' | ||
===Energy=== | ===Energy=== | ||
'' | ''Almost all of the energy in Puertego is provided by non-renewable sources with the nation being a large importer of oil, natural gas, and coal though it has been attempting to transition to more green methods of energy production with three nuclear power plants currently under construction in the country and expected to be fully operational in the next 3-4 years. Close to all the nation's electricity is provided by the state-owned utility company which charges citizens an average the equivalent of 14 cents per kilowatt-hour. The government has been trying to provide more of its citizens with electricity by building the infrastructure for it but this has proven difficult for the Government due to the large amount of informal housing in Puertego's cities.'' | ||
===Technology=== | ===Technology=== | ||
''How advanced is your country? Is it an innovator, or does it largely import new developments?'' | ''How advanced is your country? Is it an innovator, or does it largely import new developments?'' | ||