Chenango Confederacy: Difference between revisions

==Economy==

The Chenango Confederacy is one of the world's poorest countries, and it sits at the brink between a {{wp|developing country}} and a {{wp|Least developed countries|least developed country}}. The Chenango peninsula was historically always the poorest part of the [[Northern Confederation]], with few natural resources, limited agricultural viability, and poor positioning relative to the Confederation's major economic drivers. [[Pachaug]] was the sole economic light of the area, serving as an important port with a bustling fishing industry. The economy was significantly impacted by the fifteen year period of Algosh domination between the [[Algosh coup]] in [[2009]] and the declaration of the Confederacy's independence in [[2024]]. Many of the country's leading technical and academic experts were relocated from the already-limited urban centers of the country to Algosh institutions, and in many cases much of the portable wealth of the country was literally carried away to the Algosh heartland during the period between [[2009]] and [[2011]]. Another major economic blow came in [[2017]] when [[Pachaug]] became independent of Algoquona following [[Operation Western Blizzard]], most of the economic ties between the peninsula and its most prosperous city were severed. This led to a major wave of deprivation, famine, and outmigration. It also precipitated a second round of expropriation by the government, as any strategically valuable industry was moved out of the now-vulnerable peninsula into the Algosh heartland. By the time of the declaration of the Confederacy's independence in [[2024]], the Chenango peninsula had recorded economic decline every year for the last fifteen years.

The modern Confederacy is one of the world's major recipients of development aid, and is a priority area for the Urcean [[Ministry_of_Commerce_(Urcea)#Agency_for_Cronan_Economic_Development|Agency for Cronan Economic Development]].