Economy of Arcerion: Difference between revisions

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(Overhauled page on what the Arco economy looks like.)
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== Economy and Infrastructure ==
== Overview ==
=== Economy ===
[[File:Crop spraying.jpg|thumb|A farmer sprays crops on his farm in Moorden governate, Northwestern Arcerion. ]]
[[File:Farming.jpg|thumb|A farmer in the Arco governate of Northlea uses a tractor during the planting season (March, 2021). ]]
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.  
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. Economists would consider the Arcer economy to be Agrarian/Industrial, with most pointing out that Arcerion can't seem to decide if it wants to fully embrace industry or retain its agricultural and traditional economic practices. The Arcer economy revolves predominantly around its exports, and is an export-focused economy, being almost self-sufficient. Its main exports are usually defined by the governate that they emanate from, with each of the four governates having a distinctly different economic intake and output.
 
Foxhey, the smallest of the Arco governates, has a mostly agrarian economy. It also boasts a healthy fishing sector, which thrives during the Malentine Sea's spring and summer. Characterized by its traditional economy, the small towns and villages export wheat, barley, and other grain crops. It is ranked as one of the most productive economies from a provincial-standpoint in Arcerion. The second-smallest economy comes from Norham, in the Northeast. Due to political instability along the Northern Arco border, Norham is essentially a slightly larger version of Foxhey. Small cottage farms and local market industry define its exports, and its lone port town, Norpool Cross, is the most Northern port in the Malentine, making it a central hub for imports to much of the Upper Peninsula. The two giants of the Arcer economy, the twin governates of Northlea and Moorden can at best be contrasted by their cities and rural areas. In Northlea, the cities are bustling centers of market economic power, with stock exchanges, banks, and financial institutions serving as the white-collar backbone of the governate's economy. Beyond the cities, Northlea's vast size and rolling plains are covered in patchwork industrial farms, with government subsidies on farming machinery and equipment allowing it to become the breadbasket of the South-Eastern Peninsula. This serves in direct contrast to Moorden. Moorden's large mountains are home to some of Crona's largest industrial mining facilities, and the governate's capital, Easthampton, is a massive industrial city with large manufacturing centers and raw ore processing facilities, giving it the nickname 'Steelhampton.'
==== Economic Sectors ====
==== Economic Sectors ====
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=== Transportation and Infrastructure ===
 
The keystone of Arcerion is the Arco National Railway Service (ANRS). Founded shortly after economic independence from Carna, the ANRS serves as the lifeline for much of the country's rural communities for the efficient transportation of goods and services. The ANRS is also one of the largest employers in the Arco public sector, and with dozens of rail lines operating across all four governates, it is a critical piece of infrastructure. Within cities, the ANRS has several smaller, governate-specific or province/city-specific rail lines including light rail systems for commuting, although these are usually prevalent in more affluent cities such as Kurst or Kinnaird. The ANRS itself is managed by the Ministry of the Interior, under the Department of Infrastructure. Maintenance of rail lines and engines is one of the largest sectors of the Department's budget, surpassing road maintenance year-on-year.
 
The road networks in Arcerion are classified into three categories, Federal Highway Systems (the Transnational), governate highways and thoroughfares, and local streets or surface roads. In general, the federal government maintains the Transnational which connects all the major governate cities, and is again politically managed by the Department of Infrastructure. Governate highways are usually dependent on the governate respectively, with roads in Northlea for example being better maintained closer to the capital than in the rural Northern stretches. Individual provinces within the governates also have a difficult time repairing roads during the North's harsher winter, with snow clearance and removal services being a provincial responsibility.  
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 finance districts, these being Kinnaird and Kurst. Manufacturing itself mostly centers around a small, but highly proficient arms industry, 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.  
[[File:Arco National Railway Service.jpg|thumb|299x299px|A freight train run by the Arco national Railway Service (ANRS) departs from central Moorden bound for Easthampton. ]]
 
For air travel, most major cities boast large airports, the three largest being in Kurst, Kinnaird and Easthampton. The national airline, Air Arco operates a number of domestic flights to connect the medium-sized airports, from the smallest airport on Foxhey to the most Northern in Northlea. Additionally, it also provides intra-Crona flights regularly through Kurst and Kinnaird, with travellers being able to reach destinations in neighbouring countries or across the Malentine/Songun seas. Internationally, Air Arco services flights to Carna and Urcea regularly.
=== 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) ====

Revision as of 14:23, 19 January 2022

Overview

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

Sectors by GDP
Sector % of Economic Output
Mining 32
Agriculture 34
Fishing 12
Banking/Finance 11
Manufacturing 7
Tourism 2
Hydroelectric 2


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 finance districts, these being Kinnaird and Kurst. Manufacturing itself mostly centers around a small, but highly proficient arms industry, 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

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)