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Economy of Arcerion: Difference between revisions
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==== Tourism ==== | ==== Tourism ==== | ||
== International Trade == | == International Trade == | ||
[[File:Trade Graphic.png|thumb|Arco Trade Flow by Continent. ]] | [[File:Trade Graphic.png|thumb|Arco Trade Flow by Continent. ]]With the turn of the 21st century and the end of the Occidental Cold War, Arcerion shifted its traditional intra-Cronan trade relationships and took on an increasingly large international trade deficit as it sought to cement new foreign commercial relationships. Efforts by the Arcer [[Arcerion Ministry of Finance|Ministry of Finance]] to do so took place from 2003-2009 with special efforts made in Australis, Levantia, and Sarpdeon. This also invited foreign investment into Arcerion, as the regional instability of Crona had shown it was a stable liberal democracy with a steady free market combined with good credit, making it attractive for international capital. | ||
As of the 2020s, the impact of these initiatives became clear as Arcerion's GDP began to see low double-digit growth well into the 2010s and 2020s. Fuelled by natural resources, booming petroleum exports, affordable food and farm exports, and its new arms and manufacturing sector, Arcer business steadily made gains internationally. During this time, Arcer trade with its oldest international trade partner, Burgundie, doubled between 1999 and 2008. Arcerion saw the highest growth of GDP of any South Cronan nation during the 2000s and 2010s. | |||
=== Cronan Security and Trade Union === | === Cronan Security and Trade Union === | ||
Possible new members, reform and recreation | Possible new members, reform and recreation | ||