Alstin and Pelaxed: Difference between pages

From IxWiki
(Difference between pages)
Jump to navigation Jump to search
 
 
Line 1: Line 1:
{{Infobox country
See also: [[Economy of Pelaxia]]
|conventional_long_name = United Republic of Alstin
[[File:Per Denti.jpeg|thumb|Per Denti coined the term "Pelaxed" as a young representative at Parliament|494x494px]]
|native_name =
In economics, ''pelaxed'' or ''pelaxation'' is a situation in which the [[Human Development Index]] of a nation is very high or increasing, while the economic growth rate slows and the [https://en.wikipedia.org/wiki/Gross%20domestic%20product GPD] per capita remains at a medium/developed level. It presents a social dilemma for economic policy, since actions intended to increase the growth rate may decrease the IHDI.
|common_name =      Alstin
|status =            <!--Status of country, especially useful for micronations-->
|image_flag =        30Star.png
|alt_flag =         
|flag_border =        yes
|image_flag2 =       
|alt_flag2 =         
|flag2_border =     
|image_coat =      Alstin Seal.png 
|alt_coat =         
|symbol_type =       
|national_motto = "One Nation, United and Free"
|englishmotto =     
|national_anthem = [[https://www.youtube.com/watch?v=5l8rxiPsKuc| Alstin the Majestic]]
|other_symbol_type = 
|other_symbol =
|image_map =      Locale.png 
|loctext =           
|alt_map =            <!--alt text for map-->
|map_caption =        Location of the United Republic, its Territories, and Occupied Entities
|map_width                  = 270px
|image_map2 =       
|alt_map2 =          <!--alt text for second map-->
|map_caption2 =     
|capital =            [[Alstin (City)|Alstin]]
|coordinates =        <!-- Coordinates for capital, using {{tl|coord}} -->
|largest_city =      capital
|largest_settlement_type = largest city
|largest_settlement =
|official_languages = [[Blairian Ænglish|Alstinian Ænglish]]
|national_languages =
|regional_languages = <!--Languages recognised or associated with particular regions within the country/territory-->
|languages_type =    <!--Use to specify a further type of language, if not official, national or regional-->
|languages =          <!--Languages of the further type-->
|languages_sub =      <!--Is this further type of language a sub-item of the previous non-sub type? ("yes" or "no")-->
|languages2_type =    <!--Another further type of language-->
|languages2 =        <!--Languages of this second further type-->
|languages2_sub =    <!--Is the second alternative type of languages a sub-item of the previous non-sub type? ("yes" or "no")-->
|ethnic_groups =      {{ublist |item_style=white-space:nowrap;


  }}
The term, a portmanteau of stagnation and [[Pelaxia]], is generally attributed to economist Per Denti, a [[Pelaxian Democratic Party]] politician who became Finance Minister in 1973. Denti used the word in a 1965 speech to The Regia during the height of the Pelaxian Welfare State system and increasing rate of inflation and stagnation. Warning the House of Deputies of the gravity of the situation.
|ethnic_groups_year = <!--Year of ethnic groups data (if provided)-->
|ethnic_groups_ref =  <!--(for any ref/s to associate with ethnic groups data)-->
|religion =          <!--Religion-->
|religion_year =      <!--Year of religion data (if provided)-->
|religion_ref =      <!--(for any ref/s to associate with religion data)-->
|demonym =            Alstinian
|government_type = {{wp|Federal state|Federal}} {{wp|presidential system|presidential}} {{wp|constitutional republic}}
|leader_title1 =      [[President of the United Republic|President]]
|leader_name1 = [[Sophia Forrester]]
|leader_title2 =      [[Vice President of the United Republic|Vice President]]
|leader_name2 = [[Kiana Olson]]
|leader_title3 =      [[Speaker of the Council]]
|leader_name3 = [[Alyssa Vincent]]
|leader_title4 =      [[Chief Magistrate of the Supreme Court|Chief Magistrate]]
|leader_name4 = [[Joseph Upton]]
|legislature =        [[United Republic Parliament|Parliament]]
|upper_house                = [[United Republic National Council|National Council]]
|lower_house                = [[United Republic Senate|Senate]]
|sovereignty_type =  Formation
|sovereignty_note =
|established_event1 = Founding
|established_date1 =  23 March 1559
|established_event2 = Kingdom Established
|established_date2 =  1 April 1565
|established_event3 = Unification
|established_date3 =  21 October 1600
|established_event4 = Republic Proclaimed
|established_date4 =  4 July 1688
|established_event5 = Current Constitution
|established_date5 =  21 April 1689
|area_rank =
|area =              <!--Major area size (in [[Template:convert]] either km2 or sqmi first)-->
|area_km2 =          1,202,168.88
|area_sq_mi =        464,160
|area_footnote =   
|percent_water =
|area_label =        Total
|area_label2 =        United Republic Proper
|area_data2 =          641,799.054 km2
|population_estimate =  154,372,689 <br><small>115,248,920 (UR Proper)<br><small> 
|population_estimate_rank =
|population_estimate_year = 2028
|population_census =  96,267,943 
|population_census_year = 2020
|population_density_km2 = 128.41
|population_density_sq_mi = 332.58
|population_density_rank =
|nummembers =        <!--An alternative to population for micronation-->
|GDP_PPP =            <!--(Gross Domestic Product from Purchasing Power Parity)-->
|GDP_PPP_rank =
|GDP_PPP_year =
|GDP_PPP_per_capita =
|GDP_PPP_per_capita_rank =
|GDP_nominal = $8,646 trillion <br><small>$6.826 trillion (UR Proper)<br><small>
|GDP_nominal_rank =
|GDP_nominal_year = 2027
|GDP_nominal_per_capita = $56,005.22 <br><small>$59,231.33 (UR Proper)<br><small>
|GDP_nominal_per_capita_rank =
|Gini =              29.4
|Gini_ref =          <!--(for any ref/s to associate with Gini number)-->
|Gini_rank =
|Gini_year =
|HDI_year =          <!-- Please use the year to which the data refers, not the publication year-->
|HDI =                0.943
|HDI_change =        increase
|HDI_rank =
|HDI_ref =            <!--(for any ref/s to associate with HDI number)-->
|currency =          United Republic Dollar
|currency_code =      URD
|time_zone =          UTC+10:00 to UTC-11:00
|utc_offset =       
|drives_on =          Right
|cctld =              .ura
|iso3166code =        <!--Use to override default from common_name parameter above; omit using "omit".-->
|calling_code =      +1
|patron_saint =      <!--Use patron_saints for multiple-->
|image_map3 =        <!--Optional third map position, e.g. for use with reference to footnotes below it-->
|alt_map3 =          <!--alt text for third map position-->
}}
The '''United Republic of Alstin''', commonly known as the '''United Republic''' or '''Alstin''', is a sovereign state comprising the entirety of the [[Alstinian Isles]] off the coast of [[Crona]], as well as overseas holdings on the Cronan mainland, in the [[Cartesian Archipelago]], and off the coast of East [[Alshar]]. Covering an area of more than 1,202 thousand km² and hosting a population of more 154 million, the United Republic is divided into [[List of provinces and territories of Alstin|30 provinces, eight territories and a federal district]] - with its capital and largest city being [[Alstin (City)|Alstin]].  


A highly {{wp|developed country|developed}} and {{wp|high income country}}, the United Republic has a healthy capitalist mixed economy and historically strong economic growth; As a result, the [[Economy of Alstin|Alstinian economy]] ranks within the "Top 20 in the Globe", both in terms of nominal GDP and PPP. Though its population is only 0.5% of the global total, Alstinians hold nearly 8% of the total wealth in the world. The United Republic ranks among the highest in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person. While the Alstinian economy is considered post-industrial, characterized by the dominance of both the service and information industry, the manufacturing sector remains one of the largest in the world. Accounting for approximately 10% of the global GDP and an eighth of global military spending, the United Republic is one of the world's foremost economic and military powers. The United Republic is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations.
The term has been reinvigorated in the last two decades following the [[Pelaxian Revolution]] and its transition into a market socialist economy to refer to the current economic situation of the Federal Republic of Pelaxia, which currently maintains a very high HDI, while also having one of the lowest GPDPC in the developed world.
Neoliberal economists argue that the current size of the Pelaxian state and the disruptions to the economy created by the Meireles policies after the 1995 stock market crash have hampered down private entrepreneurship and capital investment back into the economy. Neo-marxist economists argue that the GPD per capita isn’t really an economic statistic that should reflect a nation’s wealth, while we should also take into consideration its wealth distribution and the HDI. Furthermore, some neo-Keynesian economists will argue that the Pelaxed term is just an unfair reflection of the overall average GPD per capita of the world being just extravagantly high from the 1950s onward, while also being a logical result from the 1995 asset bubble.


==Etymology==
=Causes=
The nation's name derives from the city of [[Alstin (City)|Alstin]]. The city's name itself, according to its founding myth, is believed to have been derived from the city's founder and the first [[Kingdom of Alstin|king of Alstin]], [[Alstanus Ryefield]].
Economists offer two principal explanations for why stagflation occurs. First, the stagnation showed in Pelaxia can result when the economy faces a supply shock, such as a rapid increase in the price of oil. An unfavourable situation like that tends to raise prices at the same time as it slows economic growth by making production more costly and less profitable.


The standard way to refer to a citizen of Alstin is as an "Alstinian."
Second, the government can cause income stagnation and depression if it creates policies that may exacerbate a stock market crisis. These two things would probably have to occur simultaneously because policies that slow economic growth do not usually cause inflation, and policies that cause inflation do not usually slow economic growth.
==History==
''Further Reading: [[History of Alstin]]


===Indigenous peoples===
==Supply Shock==
It has been generally accepted that the first inhabitants of the [[Alstinian Isles]] migrated from mainland Crona and East Alshar arrived at least 3,000 years ago; however, some evidence suggests an even earlier date of arrival. Over time, indigenous cultures in Crona grew increasingly complex, and some, such as the pre-Levantine Azure culture in modern-day Azura, developed advanced agriculture, architecture, and complex societies. The city of [[Cuzco (City)|Cuzco]] is the largest, most complex pre-Levantine archaeological site in Alstin, and is oldest continuously inhabited settlement in the modern-day United Republic. In the Kjeldorian Highlands region, the Kjeld culture practiced hunting and trapping, along with limited cultivation. The Uto, located in modern-day Utopia, practiced fishing and whaling.
[[File:Cars waiting for gas in 1974.jpg|thumb|Cars waiting for gas in Albalitor in 1971|296x296px]]
See also: [[Western Imperium]]
[[Continental Obligations]]


===Occidental Settlement and the Founding of the Kingdom===
After the Second Great War Pelaxia’s [[Continental Obligations]] had shifted towards [[Aciria]], who became a strategic economic partner in regards to fossil fuels. Aciria's ability to claim imperium came with the defeat of [[Caphiria]] during the [[Second Great War]], a defeat that the [[Levantia and Odoneru Treaty Association]] (LOTA) carefully crafted within the media as a primarily Acirian effort despite the plurality of resources coming from [[Levantia]]. Having defeated Caphiria allowed Aciria to credibly claim its mantle of imperium, a mantle recognized by the other LOTA-aligned nations on [[Sarpedon]], [[Pelaxia]], [[Cartadania]], and [[Volonia]]. Aciria accepted its first Continental Obligation from Volonia on March 18, 1944, a date which is generally accepted as the beginning of the [[Western Imperium]].  
The first Levantines to arrive in Alstin were Occidental explorers during the Age of Exploration in the early 16th century, with trading outposts being established throughout the Isles. However, during the [[Great Confessional War]], waves of predominantly Protestant refugees fled from [[Levantia]] to the Alstinian Isles, founding a myriad of settlements; One such settlement was [[Alstin (City)|Alstin]]. Founded on 23 March 1559 by the Ænglish noble [[Alstanus Ryefield]], the city, due its location on a island in the center of the Altaic Sea, quickly became the economic and cultural center of the Isles. By 1565, the city-state was recognized as one the preeminent polities in the region, with Alstanus Ryefield being formally coronated as the first King of Alstin on 1 April that, beginning a century-long reign by the House of Ryefield.


===Unification and Development===
Its status continued until 1970, when both Pelaxia and Volonia switched their recognition back to Caphiria and established the Continental Diplomatic Arrangement Organization, departing LOTA. That resulted in Aciria cutting production of oil and placing an embargo on oil exports to Pelaxia.
Throughout the remainder of the 16th century, Alstin experienced a remarkable rate of growth both internally and externally. In terms of the former, Alstinian society developed and flourished largely in due part to its position at critical crossroads of traffic and trade routes on the Isles. This in turn not only made the city incredibly wealthy, but also made allowed for the construction of various public works projects (such as roads, aqueducts, and other civic projects that became the basic foundation of the city's modern infrastructure), all the while its culture thrived and developed as a result of its newfound prosperity. In terms of the latter, Alstin, using its vast new wealth, slowly yet gradually expanded its territory in every direction across the island of Alstin; Occasionally bringing them into conflict with many of its neighboring city-states and tribal confederations, but often than not, it peacefully incorporated . However, by 1600, during the reign of [[Douglas Corvinus]], Alstin had successfully united the entirety of the island under its banner.


Over the course of the subsequent eighty years, the Kingdom experienced a period of relative peace and internal stability, as the Alstinians experienced an unprecedented amount of economic growth from its position at the crossroads of sea-based trade in the [[Orixtal Sea]]. This, combined with considerable scientific advances and cultural progress, would later become known as the "Long Peace". At the same time, Alstin engaged in series of conflicts in and around the lands of the [[Altaic Sea]], the [[Orixtal Sea]], and the Sea of St. John, from the [[Islevyny]] Archipelago to the shores of [[Rocotia]], in an effort maintain the stability of the region.
==Asset Bubble and Crash of 1995==
[[File:84f5a6f9-1483-41e4-b9c2-41b8f7245fc1 16-9-aspect-ratio default 0.jpg|thumb|El Periódico reporting on the aftermath of the stock market crash|382x382px]]
Pelaxia’s economic growth in the second half of the 20th century ended abruptly at the end of the 1990s. In the late 1990s, abnormalities within the Pelaxian economic system had fueled a speculative asset price bubble of a massive scale. The bubble was caused by the excessive loan growth quotas dictated on the banks by Pelaxia's central bank, the Bank of Pelaxia, through a policy mechanism known as the "window guidance".


===Alstinian Civil War and the birth of the United Republic===
Trying to deflate speculation and keep inflation in check, the Bank of Pelaxia sharply raised inter-bank lending rates in late 1995. This sharp policy caused the bursting of the bubble, and the Pelaxian stock market crashed. Equity and asset prices fell, leaving overly-leveraged Pelaxian banks and insurance companies with books full of bad debt. The financial institutions were bailed out through capital infusions from the government, loans and cheap credit from the central bank, and the ability to postpone the recognition of losses, ultimately turning them into zombie banks.
''Further Reading: [[Alstinian Civil War]]''


In 1682, following a costly decade-long [[Burg-Alstinian Wars|war]] with the [[Burgoignesc_North_Levantine_Trading_Company#Colonial_ventures|Martillien North Levantine Trading Company (MNLC)]], the [[Alstinian Civil War]] erupted between the brothers and rival claimants Stephan and David following the untimely death of Julius, who had failed to properly designate an heir beforehand. During the three year-long conflict, control over the throne switched hands four times before David successfully held on to it following the betrayal and murder of Stephan and most of his main supporters in 1685. But this only brought a temporary halt to the conflict, as by early 1687, it had become apparent that David intended to rule as an absolute monarch and that the populace had grown tired of his tyrannical policies. When it became publicly known that he, along with most of the nobles, attempted to orchestrate the murder of his last surviving brother, [[Geoffrey Ryefield|Geoffrey]], as well as attempted to abolish the [[Omnibus Canon]], the people revolted, beginning the second phase of the Civil War. The following year, David was captured and publicly executed following his defeat at the [[Battle of Leman's Crossing]] (now in modern-day Leman district of the city of Alstin). In spite of the victory, Geoffrey was mortally wounded, and, without a known heir to throne, formally proclaimed that the Kingdom would become a Republic as his first and last act as king. In 1689, on the anniversary of Geoffrey's death, the United Republic of Alstin, one of the first federal republics in the history of the world, officially came into being with the ratification of the [[United Republic Constitution|Constitution]] (which remains in use to this day), and the unanimous election of [[Marcus Alanson]], member of the Patrician delegation at the Constitutional Convention, and Geoffrey's most trusted general, as the first President of the United Republic.
Eventually, many of these failing firms became unsustainable, and a wave of consolidation took place, resulting in four national banks in Pelaxia. Many Pelaxian firms were burdened with heavy debts, and it became very difficult to obtain credit. Many borrowers turned to loan sharks for loans.
===Economic Effects===
[[File:Panorámica-750x500.jpg|thumb|Urban slum in post industrial sector of Albalitor|381x381px]]
Despite mild economic recovery in the 2000s, conspicuous consumption of the 1980s has not returned to the same pre-crash levels. Pelaxian firms such as Saddlebred, Leopardo, Trotter, [[MILCAR]] and PELMAR which had dominated their respective industries from the 1960s to the 1990s, had to fend off strong competition from rival firms based in other Sarpedonian countries, particularly Cartadania, and Aciria, since the 2000s. In 1989, of the world's top 50 companies by market capitalization, 10 were Pelaxian; by 2018, only one such company remains in the top 50. Many Pelaxian companies replaced a large part of their workforce with temporary workers, who had little job security and fewer benefits. As of 2009, these non-traditional employees made up more than a third of the labor force. For the wider Pelaxian workforce, wages have stagnated. From their peak in 1990, real wages have since fallen around 33%, an unprecedented number among developed nations.


In the decades following the establishment of the United Republic, the nation rebuilt itself economically and socially; The remnants of the royal government were either assimilated and re-tooled into the new federal government or were dissolved and replaced with new institutions.
Surveys by the Ministry of Labour showed that household income in 2010 had fallen to 1987 levels, while, the aggregate sales of all companies in Pelaxia decreased by 3.9% in 2010 compared to 2000. The wider economy of Pelaxia is still recovering from the impact of the 1995 crash and subsequent lost decades. It took 20 years for Pelaxia's GDP to recover to the same levels as 1995. And as a greater sign of economic malaise, Pelaxia also fell behind in output per capita.
 
===Social Effects===
===Further immigration, expansion, and development===
While economic commentators tend to see stagnation as a negative phenomenon, qualitative studies conducted in Pelaxia show the opposite. There was a measurable increase in life satisfaction during the past three decades. Conversely, during the period of rapid growth in asset prices, no evidence of increased well-being was found in relation to that growth. This is partly due to the asset bubble being a driver for economic inequality, whereas the decades following the bubble's collapse have seen more economic equality and increased social spending by the government and left leaning policies such as the reorganization of the economy into a predominantly cooperative economic model.
By 1710, the country had fully recovered and transitioned from Kingdom to Republic. With this, the United Republic resumed its involvement in international affairs, and began engaging in territorial acquisitions beyond the [[Inner Islands]]. Starting in 1721, the United Republic, through various methods, steadily expanded throughout the remaining Isles, establishing new settlements as well incorporating preexisting ones across what was then collectively referred the "Frontier Territories", nowadays officially called the "[[Outer Islands]]"; By 1840, the entirety of the "Frontier" was under the complete jurisdiction the United Republic.
The lessons from Pelaxia align with concepts such as degrowth or qualitative metrics like [https://en.wikipedia.org/wiki/Gross_National_Happiness GNH], which suggest that economic growth is not necessarily an appropriate metric for measuring the success and wellbeing of a society.
 
[[Category:Countries]]
Overseas, the United Republic began exerting its influence at first indirectly through intermediaries, most notably via the [[Alstinian Trade Company]], then later directly via diplomacy, trade, and military action. In 1750, there were 35 overseas trading outposts, most of which were concentrated in and around South Crona; By 1900, there over 300 outposts around the globe, some of which, particularly those on the Cronan continent, would eventually merge together to form larger territorial holdings. Concurrently, the United Republic would help to initiate the modern era of international diplomacy through its efforts in establishing and strengthening economic and political ties in [[Levantia]] and [[Sarpedon]]; A notable example being the landmark 1806 [[Treaty of Lariana]], which normalized diplomatic relations between the United Republic and the [[Holy Levantine Empire]].
[[Category:Pelaxia]]
 
[[Category:Economy]]
Domestically, the Isles, beginning in the early 19th century, experienced a rise in urbanization and an unprecedented influx of immigrants from both the [[Occidental world|Occident]] and the [[Alshar|Orient]], which in turn supplied a surplus of labor for the country's industrialization and transformed its culture. National infrastructure, including telegraph and railroads, spurred economic growth and greater settlement and development of the "Frontier". The later invention of electric light and the telephone would also affect communication and urban life.
 
Rapid economic development during the late 18th and early 20th centuries fostered the rise of many prominent industrialists, many of whom led the nation's progress in the railroad, petroleum, and steel industries. Banking became a major part of the economy, further spurring its growth into becoming one of the world's largest. These dramatic changes were accompanied by growing inequality and social unrest, which prompted the rise of organized labor along with populist, socialist, and anarchist movements. This period eventually ended with the advent of the [[Alstinian Reformist Era|Reformist Era]], which saw significant reforms including women's suffrage, a shift in alcohol consumption habits, regulation of consumer goods, and greater antitrust measures to ensure competition and attention to worker conditions.
<br />
 
===The Great Wars Era===
''Further reading: [[First Great War]]; [[Second Great War]]''
 
The United Republic remained neutral from the initial outbreak of the [[First Great War]] in 1896, but joined a few weeks later on 13 June 1896 alongside the Concordiae Powers following repeated attacks on UR Merchant Shipping by the [[Navy of Burgundie|Burgundian Navy]], helping to turn the tide against the Aliança. In 1904, President [[Patrick T. Jones]] took a leading diplomatic role at the TBD Peace Conference, subsequently reaffirming the United Republic's place as one the world's great powers.
 
Around this time, the women's rights movement bore it greatest victory with the election of first [[Marion Roberts]], then [[Caroline Baxter]] to the Presidency in 1904 and 1908 respectively. Concurrently, the 1910s and 1920s saw the rise of radio for mass communication and the invention of early television, with [[ABS Corporation|ABS]] and [[NPB Corporation|NPB]] taking a leading role in both mediums. Additionally, the Alstinian film industry began to take form in earnest, centering in Driftwood, near [[Treadwell]], Cecelia, making a substantial impact in the art of film-making.
 
The period between 1909 and 1925 is known as the [[Golden Years]] in the United Republic, in which unseen previously levels of economic growth and prosperity was accompanied with a distinctive social, artistic and cultural dynamism and technological advancement. The prosperity brought upon during the Golden Years ended with the [[Lloyd Street Crash of 1925]] and the onset of the [[Blunt Depression]]. After his election as president in 1928, [[Alfred F. Jones]] responded with the [[Dawes Plan]], a comprehensive series of economic and financial programs geared towards providing financial relief to individuals and businesses, promote economic recovery, and institute economic and financial reforms.
 
At the outset of the [[Second Great War]] in March 1934, the United Republic, while maintaining neutrality, began supplying materiel to Urcea and its allies...
 
TBA
 
===Occidental Cold War===
''Further Reading: [[Occidental Cold War]]''
 
TBA
 
<br />
 
===Contemporary History===
''Further Reading: Cartesian Wars; [[Final War of the Deluge]]''
 
TBA
 
==Politics and government==
''Further Reading: [[Government of the United Republic]]; [[List of provinces and territories of Alstin]]''
 
The United Republic is the world's oldest surviving federal republic. It is a representative democracy, "in which majority rule is tempered by minority rights protected by law". The government is regulated by a system of checks and balances defined by the [[United Republic Constitution|Constitution of the United Republic]], which serves as the country's supreme legal document.
 
 
In the Alstinian federalist system, citizens are usually subject to three levels of government: federal, provincial, and local. The local government's duties are commonly split between county and municipal governments. In almost all cases, executive and legislative officials are elected by a plurality vote of citizens by district. There is no proportional representation at the federal level, and it is rare at lower levels.
 
The federal government is composed of three branches:
*Legislative: The bicameral Parliament, made up of the Senate and the National Council, makes federal law, declares war, approves treaties, has the power of the purse, and has the power of impeachment, by which it can remove sitting members of the government.
 
*Executive: The President is the commander-in-chief of the military, can veto legislative bills before they become law (subject to Parliamentary override), and appoints the members of the Cabinet (subject to Senate approval) and other officers, who administer and enforce federal laws and policies.
 
*Judicial: The Supreme Court and lower federal courts, whose judges are appointed by the President with Senate approval, interpret laws and overturn those they find unconstitutional.
 
 
The National Council currently has 467 voting members and 10 non-voting delegates, with each of the former representing a parliamentary district for a two-year term, while each of the latter representing an incorporated overseas territory. Council seats are apportioned among the provinces by population every tenth year, with the constitutional minimum being that at least one council seat be allotted for each province. With the most recent census, there provinces ([[Azura]], [[Backdraft]], and [[Voltara]]), each had the least amount of councilors at four, while [[Cecelia]], the most populous province, had thirty-nine.
 
 
The Senate has 62 members, with each province plus the Capital District having two senators, elected at-large to six-year terms; one third of Senate seats are up for election every other year. The President serves a four-year term and may be elected to the office no more than twice. The President is not elected by direct vote, but by an indirect electoral college system in which the determining votes are apportioned to the provinces and the Capital District. The Supreme Court, led by the Chief Magistrate of the United Republic, has nine members, who serve for life.
 
 
The provincial governments are structured in roughly similar fashion. The governor, or an official of equivalent nature, of each province is directly elected. Some provincial judges and cabinet officers are appointed by the governors of the respective provinces, while others are elected by popular vote.
 
 
The original text of the Constitution establishes the structure and responsibilities of the federal government and its relationship with the individual provinces. Article One protects the right to the "great writ" of habeas corpus. The Constitution has been amended 42 times; the first ten amendments, which make up the Bill of Rights, and the Fourteenth Amendment form the central basis of Alstinians' individual rights. All laws and governmental procedures are subject to judicial review and any law ruled by the courts to be in violation of the Constitution is voided.
 
===Foreign Relations===
''Main article:[[Foreign Relations of Alstin]]''
 
The United Republic has an established structure of foreign relations. It is a founding member of the [[League of Nations]], as well as a founding member of the now defunct [[South Crona Congress]] and its successor, the [[Cronan Security and Trade Union]]. Almost all countries have embassies in Alstin, and many have consulates around the country. Likewise, nearly all nations host Alstinian diplomatic missions, which are operated by the Ministry of Foreign Affairs.
 
===Military===
''See Main Article: [[United Republic Armed Forces]]''
 
The President holds the title of commander-in-chief of the United Republic Armed Forces (URAF) and appoints its leaders, the Minister of Defense and the Armed Forces Council. The Ministry of Defense administers the various branches of the armed forces, including the Army (URA), Marine Corps (URMC), Navy (URN), Air Corps (URAC), Coast Guard (URCG), and Space Force (URSF). Currently, the armed forces has approximately 1.3 million personnel on active duty, which, when combined with those personnel serving in both the Reserve Forces of the each of the service branches and the various provincial Home Guard units brings the total number of troops to about 2.1 million. In addition, the Ministry of Defense also employs about 815,000 civilians, not including contractors.
 
Military service is voluntary, though conscription may occur in wartime through the Selective Service System. Alstinian forces can be rapidly deployed by the Air Corps' large fleet of transport aircraft, the Navy's thirteen active aircraft carriers, and Marine expeditionary units at sea with the Navy's Home, Orixtal, Odoneru, and Cathaic fleets. The military operates 69 bases and facilities abroad, and maintains deployments greater than 100 active duty personnel in seven foreign countries.
 
==Geography==
The territory of the United Republic proper, which is defined as encompassing the Alstinian Isles and the overseas provinces of [[Mierria]] and [[Tracoa]], covers more 641,000 km², and lies between the Ocean of Cathay and the Sea of Orixtal, with the north-east coast of Mierria coming within 1000 km of the coast of southwestern Crona, from which it is separated by the Mierrian Channel. In 2000, 18 per cent of the Alstinian Isles was forested, 32 per cent used for pastures and 25 per cent cultivated for agriculture.
 
The Alstinian Isles lies between latitudes 23° and 10° N, and longitudes 165° and 140° W. The coastline of the Isles is aproximately??? km long.
Most of the country consists of lowland terrain, with more upland and some mountainous terrain in the interior regions; including the Kjeldorans, the Artolans, the Ursans and the Villers Range. The main rivers and estuaries are the Corvus, the Lupus and the Davis. Alstin's highest mountain is [[Kjeld's Peak]] in [[Kjeldor]].
 
===Climate===
The climate of Alstin is influenced by the Orixtal Sea to north and east, the Sea of St. John to the northwest, the Ocean of Cathay to the south and west, and the Altaic is its center. These seas constitute a reservoir of heat and humidity for Alstin.
 
Because of the extent of the Isles and the somewhat mountainous hinterland, the climate of the United Republic is highly diverse. The climate ranges from Mediterrean and Marine West Coast across much of the northern coast and central Alstin along rim the Altaic Sea, to humid subtropical and tropical wet throughout the coasts along the Cathay and Orixtal, as well as most of the Outer Islands, to Semiarid, Arid and Highland in the Kjedoran and Ursan mountain ranges.
 
Conditions on the coast are different from those in the interior, particularly during winter months when the higher altitudes tend to be cold, wet, and often snowy. Average winter temperatures vary from around 0 °C (32 °F) in the Kjeldorans to 12 °C (54 °F) in [[Islevyny]], so average summer temperatures range from 20 °C (68 °F) to over 25 °C (77 °F).
 
Winters can vary widely across the country with lingering cold, foggy and snowy periods in the mountains and milder, sunnier conditions in the coastal regions. Summers are hot across the country, except for at high altitude, particularly in the [[Outer Islands]]. Northern and central areas can experience occasional strong thunderstorms from spring to autumn.
 
==Economy==
''Main Article: [[Economy of Alstin]]''
===Overview===
The United Republic has a capitalist mixed economy, which is fueled by abundant natural resources and high productivity. With a nominal GDP of $8,646 trillion, the private sector is estimated to constitute 76% of the economy, with federal government activity accounting for 9.8% and provincial and local activity (including federal transfers) the remaining 14.2%. Unemployment is at 2.78%, in spite of the amount of employment regulations throughout the country.
 
Alstin is one of the world's largest exporter of goods, with a trade surplus of {INSERT SURPLUS HERE}. [[Cartadania]], [[Corumm]], and [[The Cape]] are three of Alstin's largest trading partners.
 
Information technology is currently the nation's largest industry, followed by tourism, arms manufacturing, and book publishing. Mining, agriculture, banking and financial services, and other facets of the manufacturing sector are other important drivers of the Alstinian economy.
===Science and Technology===
The United Republic is considered to be one of the world's most technologically-advanced countries. It is considered to be on par with [[Urcea]] and [[Caphiria]], as it has been a leader in technological innovation since the early 19th century and scientific research since the early-20th century. Methods for producing interchangeable parts were developed by the U.R. Ministry of Defense by the [[Republic Armories]] during the first half of the 19th century. This technology, along with the establishment of a machine tool industry, enabled Alstin to have large-scale manufacturing of sewing machines, bicycles, and other items in the late 19th century and became known as the Alstinian system of manufacturing. Factory electrification in the early 20th century and introduction of the assembly line and other labor-saving techniques created the system of mass production. In the 21st century, approximately two-thirds of research and development funding comes from the private sector. Alstin leads the world in scientific research papers and impact factor.
 
Alstinian scientists and engineers have contributed to the advancement of agricultural sciences, electronics, industrial robotics, optics, chemicals, semiconductors, life sciences and various fields of engineering. Alstin leads the world in robotics production and use, possessing more than 20% of the world's industrial robots as of 2011. Additionally, Alstin has made significant strides in the research and development of nanotechnology, with one such notable example being the "[[Alstinian Miracle]]".
 
Events leading-up to and during the [[Second Great War]] led many Levantine scientists to immigrate to the United Republic. This resulted in the development of the Alstinian nuclear program by the mid-1950s under what is now the [[United Republic Atomic Energy Commission]] (URAEC), as well as the establishment of the [[United Republic Space Agency]] (URSA), which produced rapid advances in rocketry, materials science, and aeronautics.
 
The invention of the transistor in the 1950s, a key active component in practically all modern electronics, led to many technological developments and a significant expansion of the Alstinian technology industry. This, in turn, led to the establishment of many new technology companies and regions around the country, most notably [[Silicon Bay]] in [[Mardünke]]. Advancements by Alstinian microprocessor companies along with both computer software and hardware companies, helped to create and popularize the personal computer.
 
==Demographics==
===Population===
The United Republic has an estimated population of 154 million. A census is taken every ten years, with the first taking place in 1690. While the birthrate is only 24 per 1000, the population growth rate is 1.4%, the result of immigration. White Alstinians, at about 62.8%, make up the largest ancestry group, with sizable populations originating from various minority groups; Among them include Audonian-Alstinians at about 21.3%, Alshari-Alstinians at 10.2%, Indigenous-Cronan groups at 1.4%, and mixed at 2.9%.
 
===Language===
[[Blairian Ænglish|Alstinian Ænglish]] is the de facto national language, with approximately 97% of the population speaking it as a first language. Additionally, 27% widely speak [[Cartadanian language|Cartadanian]] as either a primary or secondary language, while both [[Burgoignesc language|Burgoignesc]] and [[Kiravic Coscivian|Coscivian]] tie for being the third most dominant language, with each having about 19% of the population being fluent.
 
===Religion===
The majority of Alstin's population, at 65%, identifies as [[Chantry of Alstin|Chantric]], while [[Catholic Church|Catholics]] account for 22% of the population. The nonreligious account for 13% of the population, while Drutists make up 2%. All other faiths collectively make up 4% of the population. The Bill of Rights of the United Republic guarantees religious freedom, and prevents legislation that favors any religion over another. In addition, discrimination based on religion is illegal, with the exception of explicitly religious organizations such as churches. According to a survey in 2010, 47% of the population said that religion played a "very important role in their lives", while the percentage of irreligious people has been steadily increasing, particularly among younger generations.
 
===Education===
About 74 per cent of the United Republic's population has a university or college degree, which is the highest percentage in Crona, and among the highest percentages in the world. The basic literacy rate is approximately 99.2%.
 
Whilst education in Alstin is the responsibility of the Ministry of Education, the day-to-day administration and funding of public schools is the responsibility of local authorities. Universally free of charge state education was introduced piecemeal between 1870 and 1945. Education is now mandatory from ages five to sixteen, and through out the United Republic, all Alstinians must stay in education or training until they are 18. Alstin has many private and public institutions of higher education, with [[Newton University]], [[Saint Thomas Hobbs Seminary]], [[Vazquez Institute of Medicine]], and [[Altman Institute of Technology]] being among the most prestigious and notable throughout the [[Occidental world]].
[[File:Cities.png|thumb|Map of Major Cities of the United Republic]]
 
===Largest Cities===
{| class="wikitable sortable"
!Rank
!City
!Population (2028 est)
!Province
|-
|1
|[[Alstin (City)|Alstin]]
|7,342,969
|[[Alstin (City)|Capital District of Alstin]]
|-
|2
|[[Riverton]]
|2,632,480
|[[Cecelia]]
|-
|3
|[[Wheatley]]
|1,754,987
|[[Bryceland]]
|-
|4
|[[Dalton]]
|1,316,240
|[[Daltonland]]
|-
|5
|[[Cuzco (City)|Cuzco]]
|1,052,992
|[[Cuzco]]
|-
|6
|[[Washkau]]
|877,493
|[[Mardünke]]
|-
|7
|[[Pressley]]
|752,137
|[[Patricia]]
|-
|8
|[[Klepzigton]]
|658,120
|[[Mira]]
|-
|9
|[[Utopia (City)|Utopia]]
|584,996
|[[Utopia]]
|-
|10
|[[Lakeshore City|Lakeshore]]
|526,496
|[[Felicia]]
|}
 
==Infrastructure==
===Transportation===
[[File:Alstin Land Routes.png|thumb|Map of Major Highways in the United Republic]]
A radial road network totals 93,808 km of main roads, 46,994 km of motorways and 688,000 km of paved roads. While cars are inexpensive, car ownership fees and fuel levies are used to promote energy efficiency; As a result, there are approximately 86 million licensed vehicles in the Alstinian Isles.
 
The United Republic has a railway network of 32,418 km throughout the Alstinian Isles. Since privatization in 1984, dozens of Alstinian railway companies compete in regional, local and intercity passenger transportation markets. Some 360 high-speed Mercury trains connect major cities and Alstinian trains are known for their safety and punctuality. In addition, there are about 1,000 freight trains in daily operation.
 
There are 190 public airports in Alstin; the largest domestic airport, [[Alstin-Highwind International Airport]] in Alstin, is Crona's busiest airport. Other major international gateways include [[Washkau International Airport]], [[Deralveca International Airport]] and [[Lyleon International Airport]]. The [[Port of Alstin]] is the country's largest and busiest port, accounting for 10 percent of Alstin's trade value; Other major ports include Utopia, Lunsford, Dalton, Kenway, and Cuzco.
 
===Energy===
''Main Article: [[Energy policy of the United Republic]]''
 
The Alstinian energy market is about 6,900 terawatt hours per year. In 2020, 17% of this energy came from petroleum, 7% from coal, and 8% from natural gas. The remainder was supplied by nuclear and renewable energy sources.
 
===Water Supply and Sanitation===
''Main Article: [[Water supply and sanitation of the United Republic]]''
 
Access to improved water supply and sanitation in the UR is universal. It is estimated that 97.2 per cent of households are connected to the sewer network. According to the Environmental Protection and Restoration Agency (EPRA), total water abstraction for public water supply in the UR was 19,812 megalitres per day in 2011.
==Culture==
''Main Article: [[Culture of Alstin]] ''
 
Mainstream Alstinian culture is an Occidental culture largely derived from a number of factors including: the nation's key commercial location centered on the Alstinian Isles; its history as an occidental liberal democracy and a major power; traditions originating from foreign immigrants; and cultural practices stemming back several centuries. This has resulted in a cultural mix that has been described as both a homogenizing melting pot, and a heterogeneous salad bowl in which immigrants and their descendants retain distinctive cultural characteristics while also promoting Alstinian cultural values as a whole. The substantial cultural influence of the United Republic has led it to be described as a "cultural superpower".
 
Core Alstinian culture was established by the initial Levantine settlers and shaped by the centuries-long frontier settlement and expansion process, with the traits derived passed down to descendants and transmitted to immigrants through assimilation. Alstinians have traditionally been characterized by a strong work ethic, competitiveness, and individualism, as well as a unifying belief in an "Alstinian creed" emphasizing liberty, equality, private property, democracy, rule of law, and a preference for limited, yet effective, government.
 
The Alstinian Dream, or the perception that Alstinians enjoy high social mobility, plays a key role in attracting immigrants. Whether this perception is realistic has been a topic of debate. While mainstream culture holds that the United Republic is a classless society, scholars identify significant differences between the country's social classes, affecting socialization, language, and values. Alstinians' self-images, social viewpoints, and cultural expectations are associated with their occupations to an unusually close degree. While Alstinians tend greatly to value socioeconomic achievement, being ordinary or average is generally seen as a positive attribute.
 
==See also==
{{Country topics
|country = Alstin
|state =
|border =
|basestyle =
|titlename =
|titleclass =
|_notopicsword =
|prefix =
|image =  [[File:Alstin Seal.png|size=80px]]
|imagestyle =
 
|above =
|abovestyle =
|custom1 =
|list1 =
 
|history =
* [[History of Alstin]]
|custom2 =
|list2 =
 
|geography =
* [[Geography of Alstin]]
* [[Ecology of Alstin|Ecology]]
* [[Meteorology of Alstin|Meteorology]]
* [[Climate of Alstin|Climate]]
* [[Fauna of Alstin|Fauna]]
* [[Flora of Alstin|Flora]]
* [[Mountains of Alstin|Mountains]]
* [[Beaches of Alstin|Beaches]]
* [[Islands of Alstin|Islands]]
* [[Lakes of Alstin|Lakes]]
* [[National parks of Alstin|National parks]]
* [[Rivers of Alstin|Rivers]]
* [[Valleys of Alstin|Valleys]]
|subdivisions = {{Navbox |child |groupstyle=padding-left:0.5em;padding-right:0.5em;font-weight:normal;
    | group1 = [[List of provinces and territories of Alstin|Provinces]]
    | list1 = ‎
* &nbsp; [[Aegis]]
* &nbsp; [[Azura]]
* &nbsp; [[Backdraft]]
* &nbsp; [[Bryceland]]
* &nbsp; [[Cecelia]]
* &nbsp; [[Cuzco]]
* &nbsp; [[Daltonland]]
* &nbsp; [[Deralveca]]
* &nbsp; [[Equetus]]
* &nbsp; [[Felicia]]
* &nbsp; [[Islevyny]]
* &nbsp; [[Ionach]]
* &nbsp; [[Keldon]]
* &nbsp; [[Kjeldor]]
* &nbsp; [[Kufser]]
* &nbsp; [[Mira]]
* &nbsp; [[Mardünke]]
* &nbsp; [[Mierria]]
* &nbsp; [[Omepra]]
* &nbsp; [[Patricia]]
* &nbsp; [[Radia]]
* &nbsp; [[Rocotia]]
* &nbsp; [[Sierra (Province)|Sierra]]
* &nbsp; [[Silvia]]
* &nbsp; [[Suerta]]
* &nbsp; [[Tracoa]]
* &nbsp; [[Utopia]]
* &nbsp; [[Veraise]]
* &nbsp; [[Vintara]]
* &nbsp; [[Voltara]]
   | group2 = [[List of provinces and territories of Alstin|Federal District]]
    | list2 =
* &nbsp; [[Alstin (City)|Alstin]]
   | group3 = [[List of provinces and territories of Alstin|Territories]]
    | list3 =
* &nbsp; [[Ante Magnum]]
* &nbsp; [[Arsyra]]
* &nbsp; [[Credesia]]
* &nbsp; [[Isidar]]
* &nbsp; [[Purépec]]
* &nbsp; [[Sotsial]]
* &nbsp; [[Stia-Dica]]
* &nbsp; [[Vertannia]]
}}
 
 
 
|below =
|belowstyle =
|_nobelow =
|addtobelow =
}}
[[Category:Alstin]]
[[category:Countries]]
[[Category:Award winning pages]]
[[Category:Award winning pages]]
[[Category:IXWB]]
[[Category:IXWB]]

Revision as of 09:57, 14 December 2022

See also: Economy of Pelaxia

Per Denti coined the term "Pelaxed" as a young representative at Parliament

In economics, pelaxed or pelaxation is a situation in which the Human Development Index of a nation is very high or increasing, while the economic growth rate slows and the GPD per capita remains at a medium/developed level. It presents a social dilemma for economic policy, since actions intended to increase the growth rate may decrease the IHDI.

The term, a portmanteau of stagnation and Pelaxia, is generally attributed to economist Per Denti, a Pelaxian Democratic Party politician who became Finance Minister in 1973. Denti used the word in a 1965 speech to The Regia during the height of the Pelaxian Welfare State system and increasing rate of inflation and stagnation. Warning the House of Deputies of the gravity of the situation.

The term has been reinvigorated in the last two decades following the Pelaxian Revolution and its transition into a market socialist economy to refer to the current economic situation of the Federal Republic of Pelaxia, which currently maintains a very high HDI, while also having one of the lowest GPDPC in the developed world. Neoliberal economists argue that the current size of the Pelaxian state and the disruptions to the economy created by the Meireles policies after the 1995 stock market crash have hampered down private entrepreneurship and capital investment back into the economy. Neo-marxist economists argue that the GPD per capita isn’t really an economic statistic that should reflect a nation’s wealth, while we should also take into consideration its wealth distribution and the HDI. Furthermore, some neo-Keynesian economists will argue that the Pelaxed term is just an unfair reflection of the overall average GPD per capita of the world being just extravagantly high from the 1950s onward, while also being a logical result from the 1995 asset bubble.

Causes

Economists offer two principal explanations for why stagflation occurs. First, the stagnation showed in Pelaxia can result when the economy faces a supply shock, such as a rapid increase in the price of oil. An unfavourable situation like that tends to raise prices at the same time as it slows economic growth by making production more costly and less profitable.

Second, the government can cause income stagnation and depression if it creates policies that may exacerbate a stock market crisis. These two things would probably have to occur simultaneously because policies that slow economic growth do not usually cause inflation, and policies that cause inflation do not usually slow economic growth.

Supply Shock

Cars waiting for gas in Albalitor in 1971

See also: Western Imperium Continental Obligations

After the Second Great War Pelaxia’s Continental Obligations had shifted towards Aciria, who became a strategic economic partner in regards to fossil fuels. Aciria's ability to claim imperium came with the defeat of Caphiria during the Second Great War, a defeat that the Levantia and Odoneru Treaty Association (LOTA) carefully crafted within the media as a primarily Acirian effort despite the plurality of resources coming from Levantia. Having defeated Caphiria allowed Aciria to credibly claim its mantle of imperium, a mantle recognized by the other LOTA-aligned nations on Sarpedon, Pelaxia, Cartadania, and Volonia. Aciria accepted its first Continental Obligation from Volonia on March 18, 1944, a date which is generally accepted as the beginning of the Western Imperium.

Its status continued until 1970, when both Pelaxia and Volonia switched their recognition back to Caphiria and established the Continental Diplomatic Arrangement Organization, departing LOTA. That resulted in Aciria cutting production of oil and placing an embargo on oil exports to Pelaxia.

Asset Bubble and Crash of 1995

El Periódico reporting on the aftermath of the stock market crash

Pelaxia’s economic growth in the second half of the 20th century ended abruptly at the end of the 1990s. In the late 1990s, abnormalities within the Pelaxian economic system had fueled a speculative asset price bubble of a massive scale. The bubble was caused by the excessive loan growth quotas dictated on the banks by Pelaxia's central bank, the Bank of Pelaxia, through a policy mechanism known as the "window guidance".

Trying to deflate speculation and keep inflation in check, the Bank of Pelaxia sharply raised inter-bank lending rates in late 1995. This sharp policy caused the bursting of the bubble, and the Pelaxian stock market crashed. Equity and asset prices fell, leaving overly-leveraged Pelaxian banks and insurance companies with books full of bad debt. The financial institutions were bailed out through capital infusions from the government, loans and cheap credit from the central bank, and the ability to postpone the recognition of losses, ultimately turning them into zombie banks.

Eventually, many of these failing firms became unsustainable, and a wave of consolidation took place, resulting in four national banks in Pelaxia. Many Pelaxian firms were burdened with heavy debts, and it became very difficult to obtain credit. Many borrowers turned to loan sharks for loans.

Economic Effects

Urban slum in post industrial sector of Albalitor

Despite mild economic recovery in the 2000s, conspicuous consumption of the 1980s has not returned to the same pre-crash levels. Pelaxian firms such as Saddlebred, Leopardo, Trotter, MILCAR and PELMAR which had dominated their respective industries from the 1960s to the 1990s, had to fend off strong competition from rival firms based in other Sarpedonian countries, particularly Cartadania, and Aciria, since the 2000s. In 1989, of the world's top 50 companies by market capitalization, 10 were Pelaxian; by 2018, only one such company remains in the top 50. Many Pelaxian companies replaced a large part of their workforce with temporary workers, who had little job security and fewer benefits. As of 2009, these non-traditional employees made up more than a third of the labor force. For the wider Pelaxian workforce, wages have stagnated. From their peak in 1990, real wages have since fallen around 33%, an unprecedented number among developed nations.

Surveys by the Ministry of Labour showed that household income in 2010 had fallen to 1987 levels, while, the aggregate sales of all companies in Pelaxia decreased by 3.9% in 2010 compared to 2000. The wider economy of Pelaxia is still recovering from the impact of the 1995 crash and subsequent lost decades. It took 20 years for Pelaxia's GDP to recover to the same levels as 1995. And as a greater sign of economic malaise, Pelaxia also fell behind in output per capita.

Social Effects

While economic commentators tend to see stagnation as a negative phenomenon, qualitative studies conducted in Pelaxia show the opposite. There was a measurable increase in life satisfaction during the past three decades. Conversely, during the period of rapid growth in asset prices, no evidence of increased well-being was found in relation to that growth. This is partly due to the asset bubble being a driver for economic inequality, whereas the decades following the bubble's collapse have seen more economic equality and increased social spending by the government and left leaning policies such as the reorganization of the economy into a predominantly cooperative economic model. The lessons from Pelaxia align with concepts such as degrowth or qualitative metrics like GNH, which suggest that economic growth is not necessarily an appropriate metric for measuring the success and wellbeing of a society.