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Economy of Arcerion: Difference between revisions
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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 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]]. | 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 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 [[Burgundie|The Grand Thalattocratic Republican Principality of Burgundie and her Commonwealth]]. 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]]. | |||
[[Category: Arcerion]] | [[Category: Arcerion]] | ||
[[Category: Economy]] | [[Category: Economy]] | ||