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==Economy and Infrastructure==
==Economy and Infrastructure==
The economy of Geisenroda experienced severe shocks following the fall communism in the late 1980's due to the economic shock therapy imposed on the nation, experiencing extreme unemployment, hyperinflation, and sharp GDP decline. These problems persisted until the reinstatement of socialism in the country where economic indicators once again stabilized. Geisenroda is a centrally planned economy, state owned enterprises dominate a majority of industries, however, the government allows for the existence of small private at the local level as well as establishing a system of partial ownership for farmers on their land and for small business owners. The economy is considered both and emerging and upper-middle income economy with a large share of the nation's GDP and close to one third of its employment coming from the state-owned manufacturing industry. The state is the largest employer in the country by a wide margin. The economy of Geisenroda is often driven by five-year plans from the central government, directing investment and infrastructure for the purpose of growing select fields, primarily manufacturing, agriculture, mining, and construction among others.
The economy of Geisenroda experienced severe shocks following the fall of communism in the late 1980's due to the economic shock therapy imposed on the nation, experiencing extreme unemployment, hyperinflation, and a sharp GDP decline. These problems persisted until the reinstatement of socialism in the country where economic indicators once again stabilized. Geisenroda is a centrally planned economy, state-owned enterprises dominate a majority of industries, however, the government allows for the existence of small private at the local level as well as establishing a system of possession for farmers on their land and small business owners. The economy is considered both an emerging and upper-middle-income economy with a large share of the nation's GDP and close to one-third of its employment coming from the state-owned manufacturing industry. The state is the largest employer in the country by a wide margin. The economy of Geisenroda is often driven by five-year plans from the central government, directing investment and infrastructure to grow select fields, primarily manufacturing, agriculture, mining, and construction among others.


The country's economy is known as one of the most closed off in the world, even before the introduction of widespread sanctions the government introduced heavy tariffs of up to 20-25% as well as import substitution and strict capital & exchange controls. Upon implementation these policies had a major impact in reindustrializing the economy after the economic downturn following economic liberalization caused severe industrial decline. The policies have also been credited in helping the country achieve food independence. Foreign trade in the country remains low with most trade primarily on Kiravian products that have been made exempt from several tariffs, price controls for several key goods and a monopoly on foreign trade, alongside the nations other policies have shown positive results in making the Geisenrodan economy resilient to outside interferences and swings in the global market, however, they have also made the economy of Geisenroda more vulnerable to swings in the domestic and Kiravian markets.
The country's economy is known as one of the most closed off in the world, even before the introduction of widespread sanctions the government introduced heavy tariffs of up to 20-25% as well as import substitution and strict capital & exchange controls. Upon implementation, these policies had a major impact in reindustrializing the economy after the economic downturn following economic liberalization caused severe industrial decline. The policies have also been credited with helping the country achieve food independence. Foreign trade in the country remains low with most trade primarily on Kiravian products that have been made exempt from several tariffs, price controls for several key goods and a monopoly on foreign trade, alongside the nation's other policies have shown positive results in making the Geisenrodan economy resilient to outside interferences and swings in the global market, however, they have also made the economy of Geisenroda more vulnerable to swings in the domestic and Kiravian markets.
===Industries and Sectors===
===Industries and Sectors===
''What are the largest parts of your economy in terms of what they do?''
====Manufacturing====
Geisenroda's industrial base is large and almost universally state-owned, with the production of steel, chemicals, machinery, and refined metals (such as aluminum and copper products) being staples of the nation's industry. Though many heavy industrial products are produced in the nation, the electronic manufacturing industry in Geisenroda, and other manufactured products that are associated with electronics such as microchips and semiconductors have been behind the rest of the world by some estimates as much as 10 years along with the nations computer manufacturing being outdated and access to modern hardware often requiring being on a waiting list due to the high cost of importing such technology as well as government restrictions and bureaucracy.
 
Recently, there has been a substantial series of investments from the Geisen Development Bank towards new projects for the development of pre-existing oil and gas fields, and the building of new processing and refining facilities in line with the country's pushes to achieve energy independence with the help of Kiravia.
 
====Agriculture====
Geisenroda's agricultural industry featured both state-owned and collective along with private farms, after the reinstatement of socialism in the country many reforms to agriculture were made to modernize the sector, there were automobile factories and chemical plants that shifted to producing tractors and modern fertilizers along with larger farms owned by wealthy individuals and companies being collectivized while smaller family-owned plots of agricultural land were put in state ownership though with a system of {{wp|Usufruct}} put in place, allowing groups and individuals to use and derive property from the land, but not make unsanctioned alterations or destroy the land.
 
====Mining====
Geisenroda's eastern region is abundant in mineral wealth, with the region yielding two-thirds of the country's coal, iron, copper, silicon, nickel, zinc, cobalt, and tin with only potash being produced in higher amounts in other regions of the country. the mining industry in Geisenroda is purely state-owned however in recent times the government has begun encouraging private exploration for deposits by entitling the discoverer to 20% of the mine's profits.
 
====Banking====
The banking system of Geisenroda was put into state control shortly after the reinstatement of socialism in the country, currently, five state-owned commercial banking SOEs exist in the country. Following the re-establishment of socialism, the nation's central bank was dissolved, with its functions being taken over by the treasury and a national bank was put in place called the "Geisen Development Bank", the new national bank which was created for the stated purpose of "providing financing for national projects, support the macroeconomic policy of the central government, and support national economic development." The bank works by raising funds for projects deemed as essential and productive and lending money to the respective branch at a low (1-2%) interest rate. State-owned commercial banks are also locked into their roles as commercial banks, with laws preventing any kind of speculative actions by them.
 
===Currency===
===Currency===
''What exchange systems are used within your country's economy?''
''What exchange systems are used within your country's economy?''

Revision as of 21:28, 27 August 2024

People's Republic of Geisenroda

Volksrepublik Geisenroda (Gothic)
Flag of Geisenroda
Flag
of Geisenroda
Coat of arms
Motto: Tradition, Sozialismus, Gemeinschaft
("Tradition, Socialism, Community")
Anthem: Ein Soldat hat es nicht leicht
Capital
and largest city
Saalfeld
Official languagesGothic
Hendalarskisch
Religion
Coscivian Orthodox Church
Demonym(s)Geisenrodan
Gaisen
GovernmentUnitary Semi-Constitutional Monarchy under a Socialist Republic
• Kaiser
Ernst Orndorff
• Chancellor
Konrad Ruhl
LegislatureUnicameral
Volkskammer
Establishment
• Declared
1940
Population
• Estimate
181,545,072
• Census
2035
GDP (nominal)estimate
• Total
$4.17 trillion
• Per capita
$22,990
Gini24.2
low
CurrencyMark (ℳ︁)
Driving sideleft
Calling code+850
Internet TLD.gra

Geisenroda, officially the People's Republic of Geisenroda, is a country in Levantia. It is neighbored by Hendalarsk to the north and shares a naval border with Kiravia to its south. Geisenroda has a population of 181 million, largely consisting of Gothic people's though with a sizable minority of both Celts and Coscivians. Religiously, Geisenroda possesses one of the largest populations of Coscivian Orthodox Christians in the world, however, small populations of Gothic pagans still exist in the country, along with various branches of Protestantism. The nation consists of eight states operating in a unitary structure.

Geisenroda's history can be traced back to the various Gothic barbarian tribes that once inhabited the area, the first established kingdoms of the area can be traced back to the Gothic Middle Ages, around 720-730 AD. The first evidence of Coscivian Orthodoxy making its roots in the country can also be found around the same time, however, due to the already rather deep-rooted nature of the faith that is mentioned in many sources describing the kingdoms, it is commonly accepted that the religion can be dated back to the Gothic barbarians' raids on ancient Kiravia's eastern shores, the setting up of outposts on the continent and then bringing the faith back to their tribes is the most commonly accepted version of events. Despite the general trends of increasing approachment to the Levantine Empire and Catholicism becoming more accepted in Gothic societies, the then unified kingdoms of ancient Geisenroda rejected these actions and favored a more isolationist and Gothica-centric policy along with increasing persecution of Catholics in the territories. The kingdom's refusals to modernize lead to them being absorbed into several different kingdoms and empires in its lifespan, until a Kiravian backed insurgency made the country independent again in the late 1500's. TBA

Geisenroda's modern history has been known for the country's diplomatic isolation and widespread though relatively moderate sanctions against it, largely by members of the Levantine Union and UNESARP. The country has been under the rule of the United Socialist Party - National Front (USP-NF), as a dominant party system, since the mid-1990's. The state is one of the worlds few planned economies with state owned companies dominating the economy, alongside heavy protectionism and regulations, though private enterprise at a small level is allowed. Since the countries return to socialism it experienced a period of economic recovery and stability from the depression following the attempts at economic shock therapy, however in the following years the country experienced a sharp economic decline with their voluntary default on their foreign debts followed by slow, often below 1% economic growth following the default and the beginning of the application of sanctions, however in recent years economic growth has returned to normal levels. Kiravia has remained a strong and steadfast ally of the country in recent history however and has assisted the country economically and diplomatically. In 2028 Geisenroda withdrew its member status at the League of Nations, referring to the organization as "Fascist, globalist, and imperialist".

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Ethnicity





Self-reported ethnic origin in Geisenroda (2035)

  Gothic (85.4%)
  Celtic (7.6%)
  Coscivian (4.3%)
  Khunyer (1.5%)
  Ardmori (0.8%)
  Other (1.4%)


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Religious affiliations in Geisenroda (2035)

  Protestantism (5.7%)
  Irreligious (4.3%)
  Pagan (.5%)
  Other (2%)


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Economy and Infrastructure

The economy of Geisenroda experienced severe shocks following the fall of communism in the late 1980's due to the economic shock therapy imposed on the nation, experiencing extreme unemployment, hyperinflation, and a sharp GDP decline. These problems persisted until the reinstatement of socialism in the country where economic indicators once again stabilized. Geisenroda is a centrally planned economy, state-owned enterprises dominate a majority of industries, however, the government allows for the existence of small private at the local level as well as establishing a system of possession for farmers on their land and small business owners. The economy is considered both an emerging and upper-middle-income economy with a large share of the nation's GDP and close to one-third of its employment coming from the state-owned manufacturing industry. The state is the largest employer in the country by a wide margin. The economy of Geisenroda is often driven by five-year plans from the central government, directing investment and infrastructure to grow select fields, primarily manufacturing, agriculture, mining, and construction among others.

The country's economy is known as one of the most closed off in the world, even before the introduction of widespread sanctions the government introduced heavy tariffs of up to 20-25% as well as import substitution and strict capital & exchange controls. Upon implementation, these policies had a major impact in reindustrializing the economy after the economic downturn following economic liberalization caused severe industrial decline. The policies have also been credited with helping the country achieve food independence. Foreign trade in the country remains low with most trade primarily on Kiravian products that have been made exempt from several tariffs, price controls for several key goods and a monopoly on foreign trade, alongside the nation's other policies have shown positive results in making the Geisenrodan economy resilient to outside interferences and swings in the global market, however, they have also made the economy of Geisenroda more vulnerable to swings in the domestic and Kiravian markets.

Industries and Sectors

Manufacturing

Geisenroda's industrial base is large and almost universally state-owned, with the production of steel, chemicals, machinery, and refined metals (such as aluminum and copper products) being staples of the nation's industry. Though many heavy industrial products are produced in the nation, the electronic manufacturing industry in Geisenroda, and other manufactured products that are associated with electronics such as microchips and semiconductors have been behind the rest of the world by some estimates as much as 10 years along with the nations computer manufacturing being outdated and access to modern hardware often requiring being on a waiting list due to the high cost of importing such technology as well as government restrictions and bureaucracy.

Recently, there has been a substantial series of investments from the Geisen Development Bank towards new projects for the development of pre-existing oil and gas fields, and the building of new processing and refining facilities in line with the country's pushes to achieve energy independence with the help of Kiravia.

Agriculture

Geisenroda's agricultural industry featured both state-owned and collective along with private farms, after the reinstatement of socialism in the country many reforms to agriculture were made to modernize the sector, there were automobile factories and chemical plants that shifted to producing tractors and modern fertilizers along with larger farms owned by wealthy individuals and companies being collectivized while smaller family-owned plots of agricultural land were put in state ownership though with a system of Usufruct put in place, allowing groups and individuals to use and derive property from the land, but not make unsanctioned alterations or destroy the land.

Mining

Geisenroda's eastern region is abundant in mineral wealth, with the region yielding two-thirds of the country's coal, iron, copper, silicon, nickel, zinc, cobalt, and tin with only potash being produced in higher amounts in other regions of the country. the mining industry in Geisenroda is purely state-owned however in recent times the government has begun encouraging private exploration for deposits by entitling the discoverer to 20% of the mine's profits.

Banking

The banking system of Geisenroda was put into state control shortly after the reinstatement of socialism in the country, currently, five state-owned commercial banking SOEs exist in the country. Following the re-establishment of socialism, the nation's central bank was dissolved, with its functions being taken over by the treasury and a national bank was put in place called the "Geisen Development Bank", the new national bank which was created for the stated purpose of "providing financing for national projects, support the macroeconomic policy of the central government, and support national economic development." The bank works by raising funds for projects deemed as essential and productive and lending money to the respective branch at a low (1-2%) interest rate. State-owned commercial banks are also locked into their roles as commercial banks, with laws preventing any kind of speculative actions by them.

Currency

What exchange systems are used within your country's economy?

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