Almadaria: Difference between revisions

Jump to navigation Jump to search
m (typo)
(Economic blurb. Just a start.)
Line 262: Line 262:
''Are there any prominent symbols which are well known to represent your country?''
''Are there any prominent symbols which are well known to represent your country?''


==Economy and Infrastructure==
==Economy==
''How does your country's economy work?''
Almadaria has an emerging, upper middle-income mixed-market economy, ranked as the 17th largest economy, or 19th largest by GDPPC. The Almadarian economy is highly developed, with an equally as high standard of living. This is helped in part by policy-minded government intervention by the Ministries of Trade and Ministry of Environmental and Resource Concerns. As well, due to the government's policy of courting foreign investment, the Almadarian currency sports a high [[:en:Purchasing_power_parity|PPP]]; since late 20th century, the Almadarian [[Valverde]] has been a competitive currency on the foreign exchange, hovering near or around the value of a Levantine [[Taler]]. Foreign investment is partly incentivized and partly kept under control through the [[International Trade Interest Regime]] (ITIR/RICI); this policy establishes laissez-faire geographic zones for foreign companies to operate, with the added benefits of exemption from value-added taxes, among others. This makes it possible for domestic businesses to operate without strangulation from their foreign competition.
 
 
A proponent of economic liberalism from its foundation, Almadaria has formed a cornerstone and historical anchor of the economic heart of [[Vallos]] when its primary peers suffered from instability. Almadaria's (formerly the Kingdom of Septemontes) lasting economic centrality to Vallos and sweeping development occurred in the 18th and 19th centuries as a result of the country's role in [[the Southern Route]], the cause of many historical controversies. In the modern era, Almadaria has been a founding member of the [[Vallosian Economic Association]] (VEA), as well as signatories to [[PROSPER Program]] and other international initiatives.
 
===Industries and Sectors===
===Industries and Sectors===
''What are the largest parts of your economy in terms of what they do?''
''What are the largest parts of your economy in terms of what they do?''