Economy of Pelaxia: Difference between revisions

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As of 2028, government spending is about 55% of the Gross Domestic Product of Pelaxia.
As of 2028, government spending is about 55% of the Gross Domestic Product of Pelaxia.


The roots of the [[Pelaxian Socialism|socialist movement in Pelaxia]] were based on dangerous working conditions, exploitative labor relations policies, and the demand for collective bargaining. As socialism became part of the mainstream labor movement, it also became part of the mainstream political discourse leading up to the proliferation of a plural Marxist political rhetoric that has benefited from the general absence of charismatic leaders. The state has large ownership positions in key industrial sectors, such as the strategic petroleum sector (PETROPEL), hydroelectric energy production (PalmHydro), wind energy production(StatoVentus), and telecommunications provider (TeleMercury). As an economic environment, Pelaxia's judiciary is efficient and effective. Pelaxia is highly open to investment and free trade. Pelaxia has top levels of economic freedom in many areas, although there is a heavy tax burden and inflexible job market.
The roots of the [[Pelaxian Socialism|socialist movement in Pelaxia]] were based on dangerous working conditions, exploitative labor relations policies, and the demand for collective bargaining. As socialism became part of the mainstream labor movement, it also became part of the mainstream political discourse leading up to the proliferation of a plural Marxist political rhetoric that has benefited from the general absence of charismatic leaders. The state has large ownership positions in key industrial sectors, such as the strategic petroleum sector (PETROPEL), hydroelectric energy production (PELHYDRO), and wind energy production (Ventura). As an economic environment, Pelaxia's judiciary is efficient and effective. Pelaxia is highly open to investment and free trade. Pelaxia has top levels of economic freedom in many areas, although there is a heavy tax burden and inflexible job market.


===Fondo de Soberanía Nacional===
===Fondo de Soberanía Nacional===
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