Economy of Arcerion: Difference between revisions

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== Overview ==
[[Arcerion]] is a highly developed country, with a mixed economy. As of 2026, Arcerion was one of the largest national economies in [[Crona]], consistently ranking in the top 10 by nominal GDP, as well as GDP per capita. It ranks high for the export of goods as well as the import of goods. It has one of the highest rates of uninterrupted GDP growth in the developed world as of the 21st century. It has seen a consistent increase over time, and as of the mid-2020s it had a GDP of £5.411 trillion.  
[[File:Crop spraying.jpg|thumb|A farmer sprays crops on his farm in Moorden governate, Northwestern Arcerion. ]]
Arcerion's economy is one of the most stabled and planned in Southern Crona. Strong government incentives for farming, protections on exports and imports, as well as negotiations politically all ensure that the economy is well-tended and shepherded through times of both growth and recession. The Arcer economy can be considered to be robust, and is appraised by most to be a mix market economy, although some government regulators wish to see a greater emphasis on command-style economic policies to protect Arco interests. This leads to the population of ~89,000,000 having a GDP per capita of $52,301, and a total national GDP of $2.957 trillion. The economy is a split between largely rural agrarian sectors contrasted against most urbanized financial or industrial producers.
==== Economic Sectors ====
{| class="wikitable"
|+Sectors by GDP
!Sector
!% of Economic Output
|-
|Mining and Petroleum
|48
|-
|Agriculture
|30
|-
|Fishing
|6
|-
|[[Banking in Arcerion|Banking/Finance]]
|11
|-
|Manufacturing
|3
|-
|[[Electricity Sector in Arcerion|Hydroelectric]]
|2
|}


The Arcer economy is predominantly dominated by two sectors - agriculture and natural resource extraction (this includes mining). As a combined total, agriculture, mining, petroleum, natural gas, and related industries and sub-economies made up 78% of the Arcer GDP and employed over two-thirds of the work force. There has been a prolonged mining boom in Arcer throughout the 2000s and into 2010s, and this has helped drive growth in Arcerion from the resource rich mines in the [[Aileach Mountains|Aileach]] and [[Northumbraeland Mountains]]. There has been declines recently in both mining and agriculture, the former due to the [[Final War of the Deluge]], as [[Varshan]] had been a major purchaser of Arcer Steel, and due to the rising number of wildfires in the [[Arcer Heartland]] destroying arable farmland. Despite these declines, Arcerion has continued to maintain strong economic growth throughout the 21st century.


 
The [[Kinnaird Stock Exchange]] in [[Kinnaird]], Arcerion is one of the largest stock exchanges in the world, with one of the largest interest rate derivative markets in Crona. Some of Arcerion's largest companies include the [[Arcerion Oil and Gas Company]], [[Aeroco]], [[MacDonnell Thommen Dynamics]], and [[Arcerion Steel Corporation]]. The currency of Arcerion, and the unofficial currency of many nations in the [[Malentine Sea|Malentine Basin]], is the [[Arcer Pound]].  
Arcerion's biggest sectors by far are farming and mining, The former centers on the country's governates of Northlea and Oakham, whereas the vast majority of mining and heavy industry are located in the South in Moorden governate. Due to this, they have vastly disparate economic needs, and the greater number of heavy rail versus light rail lines around the country reflect this. Fishing is usually coastal, with limited inland lakes and deep-water rivers, Arcerion mostly sees the maritime commercial fishing in the Foxhey islands off the coast based in the Malentine Sea. It makes up a smaller portion of trade, and the limited ability to fish in the Songun Sea, and Arcerion's lack of deep/open-water commercial fishing in the Polynesian Sea means that the fishing community has long been a sidebar economic topic in terms of national conversations on commerce. 
 
The banking and finance sectors are usually exclusive to the original few Arcerion colonial towns as they have the upper societal classes and most of the white-collar [[Banking in Arcerion|finance districts]], these being [[Kinnaird]] and Kurst. Manufacturing itself mostly centers around a small, but highly proficient arms industry (notably [[Aeroco]] and [[MacDonnell Thommen Dynamics]]), as well as limited exports of other machined goods such as cars, some aircraft, and commercial products ranging from home appliances to industrial HVAC systems. Finally, hydroelectric power makes up a small fraction of the economy as the neighbouring nations do not rely heavily on Arco energy goods. Specifically, Paulastra is not energy reliant on Arcerion, and the indigenous nations of Kelekona and Titechaxha are too underdeveloped to receive Arcer energy goods, as they are still rife with internal economic issues.
=== Arcerion Economic Relationships ===
==== Southern Crona ====
[[File:Small container.jpg|thumb|A container ship transits the Warrington Straits area, proceeding to the Arcerion coast via the Malentine Sea. ]]
In Southern Crona, Arcerion negotiated at the 2025 Southern Crona diplomatic talks, held in Kurst, for increased protections and assurances for farming that include the use of chemical sprays as well as pesticides that will help protect Arco crops and benefit Arco farmers. Additionally, within Southern Crona Arcerion's economic aims have sought to ensure that the Songun and Malentine Seas have maintained a certain level of maritime freedom of passage, allowing commercial vessels to sail unobstructed and bring ship-borne freight into the upper reaches of Southern Crona. Arcerion has also tried to ensure that the farm industry works in harmony in Southern Crona with its manufacturing and industrial sectors.
==== Urcea ====
Through negotiations, Arcer foodstuffs and staple farm exports will be increased in their export volume to the NSTA region. Ongoing negotiations between Urcea and Arcerion contribute to the exports of Arcer goods to the Nysdra Sea area.  
==== Kiravia ====
==== Varshan Sphere of Influence (VSI) ====
[[Category: Arcerion]]
[[Category: Arcerion]]
[[Category: Economy]]
[[Category: Economy]]
Arcerion's economy is strongly intertwined with other South Cronan nations such as [[Istrenya]], [[Kelekona]], [[Titechaxha]], [[Malentina]], and [[Washakara]]. Arcerion's largest mainland Cronan trading partner is [[Paulastra]], closely followed by the [[Alstin|United Republic of Alstin]]. Arcerion is part of a number of significant trade deals and international trade agreements, notably with the [[Stenza|Republic of Stenza]] and Arcerion's most historically important trading partner, the Grand Burgundie. As part of the [[Cronan Security and Trade Union]] (CSTU), which itself was born out of the failed attempt to form a South Cronan Congress, Arcerion has favourable trade agreements and limited free trade with Alstin and Paulastra. Plans exist for a revised and updated version of the CSTU, which may include other Cronan partners such as [[Ceylonia]] and [[Tierrador]].

Revision as of 14:59, 23 May 2023

Arcerion is a highly developed country, with a mixed economy. As of 2026, Arcerion was one of the largest national economies in Crona, consistently ranking in the top 10 by nominal GDP, as well as GDP per capita. It ranks high for the export of goods as well as the import of goods. It has one of the highest rates of uninterrupted GDP growth in the developed world as of the 21st century. It has seen a consistent increase over time, and as of the mid-2020s it had a GDP of £5.411 trillion.

The Arcer economy is predominantly dominated by two sectors - agriculture and natural resource extraction (this includes mining). As a combined total, agriculture, mining, petroleum, natural gas, and related industries and sub-economies made up 78% of the Arcer GDP and employed over two-thirds of the work force. There has been a prolonged mining boom in Arcer throughout the 2000s and into 2010s, and this has helped drive growth in Arcerion from the resource rich mines in the Aileach and Northumbraeland Mountains. There has been declines recently in both mining and agriculture, the former due to the Final War of the Deluge, as Varshan had been a major purchaser of Arcer Steel, and due to the rising number of wildfires in the Arcer Heartland destroying arable farmland. Despite these declines, Arcerion has continued to maintain strong economic growth throughout the 21st century.

The Kinnaird Stock Exchange in Kinnaird, Arcerion is one of the largest stock exchanges in the world, with one of the largest interest rate derivative markets in Crona. Some of Arcerion's largest companies include the Arcerion Oil and Gas Company, Aeroco, MacDonnell Thommen Dynamics, and Arcerion Steel Corporation. The currency of Arcerion, and the unofficial currency of many nations in the Malentine Basin, is the Arcer Pound. Arcerion's economy is strongly intertwined with other South Cronan nations such as Istrenya, Kelekona, Titechaxha, Malentina, and Washakara. Arcerion's largest mainland Cronan trading partner is Paulastra, closely followed by the United Republic of Alstin. Arcerion is part of a number of significant trade deals and international trade agreements, notably with the Republic of Stenza and Arcerion's most historically important trading partner, the Grand Burgundie. As part of the Cronan Security and Trade Union (CSTU), which itself was born out of the failed attempt to form a South Cronan Congress, Arcerion has favourable trade agreements and limited free trade with Alstin and Paulastra. Plans exist for a revised and updated version of the CSTU, which may include other Cronan partners such as Ceylonia and Tierrador.

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