National Pact (Urcea) and Economy of Puertego: Difference between pages

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{{WIP}}
{{wip}}
{{Infobox economy
| country    = Puertego
|image = Panama-city-panorama.jpg
|image_size = 300px
|caption = [[San Lina]], the {{wp|Financial centre|financial capital}} of Puertego
| currency  = [[Damillo]] (DMO, Đ)
| year      = {{wp|Calendar year}}
| organs    =
| group      = {{plainlist|
*{{wp|Developing country|Developing/Emerging}}
*{{wp|World Bank Lower-middle income economy|Lower-middle income economy}}}}
| gdp        = {{increase}} $1,108,410,624,000 (nominal, 2027 est.)
| gdp rank  = {{plainlist|
*[[List of countries by GDP|10th (nominal, 2028 est.)]]}}
| growth    = 9.2% (2027)
| per capita = {{increase}} $13,040 (nominal, 2027 est.)
| per capita rank = [[List of countries by GDP|6th (nominal, 2027)]]
| sectors    = *{{wp|Primary sector of the economy|agriculture}}: 25%
*{{wp|Secondary sector of the economy|industry}}: 66%
*{{wp|Tertiary sector of the economy|services}}: 4%
| components =
| inflation  = *12.5%
| bankrate  =
| poverty    = {{decreasePositive}} 36% living at or below $3.20 a day (2026)
| gini      = {{increaseNegative}} 50.8 {{color|darkred|high}}
| hdi        = {{increasePositive}} 0.646 {{color|darkorange|medium}}
| labor      = {{plainlist|
*{{increase}} 96 million (July 2028)
*{{steady}} 80% employment rate (July 2028)}}
| occupations = {{plainlist|
*{{wp|Primary sector of the economy|agriculture}}: 57%
*{{wp|Secondary sector of the economy|industry}}: 33%
*{{wp|Tertiary sector of the economy|services}}: 10%
*(2016)}}
| unemployment = 1.2% (official numbers) 11.7% (estimated)
| average gross salary = Đ7,152,640 ($325.12) monthly (2027)
| gross median =
| average net salary = Đ4,770,920 ($216.86) monthly (2027)
| net median =
| industries = {{hlist|{{wp|machinery}}|{{wp|steel}}|{{wp|cement}}|{{wp|chemicals}}|{{wp|food processing}}|{{wp|lumber}}|{{wp|mining}}|{{wp|textiles}}|{{wp|construction}}|{{wp|alchohol}}}}
| edbr      = {{increase}} {{wp|Ease of doing business index#Ranking|Easy #76 (2027)}}
| exports    =
| export-goods = Tin, Natural Rubber, Sugar, Fish, Chemicals, Iron, Steel, Copper, Gold, Silver, Tobacco, Aluminum, Nickel, Zinc, Textiles, Machinery, Alcohol, Cement, Lithium, Paper, Diamonds, Refined Petroleum, Processed Food
| export-partners =
| imports    =
| import-goods = Grains, Corn, Pharmaceuticals, Fertilizer, Livestock, Automobiles, Electronics, Crude Oil, Natural Gas, Coal, Electricity, Broadcasting Equipment
| import-partners =
| current account =
| FDI        = {{plainlist|
*{{increase}} $512 billion (31 December 2027 est.)
*{{increase}} Abroad: $8 million (31 December 2027 est.)}}
| current account = $37,033 million (2028 est.)
| gross external debt = $1,086,181,153,981 (31 December 2027 est.)
| NIIP      =
| debt      = {{decreasePositive}} 77% of GDP (FY 2027)
| balance    = + 0.7% of CDP
| revenue    =
| expenses  =
| aid        =
| credit    = {{plainlist|
*Scope:
*BB
*Outlook: Stable}}
| reserves  = $105.2 billion
}}
 
The economy of Puertego is a mixed socialist-oriented market economy with the private sector allowed to operate in much of the economy though state control still being common in many industries such as utilities and natural resources. The economy is one of the fastest growing on the continent with it consistently measuring 8-9% GDP growth every year with the economy showing no real signs of slowing in its growth any time soon unless a catastrophic event hits the economy unexpectedly. While the economy has seen rapid and continuous growth ever since 2008 there are still many people who critique many aspects of the economy such as the massive income inequality and poverty allowed to exist in it with Puertego having some of the worst income inequality in the entire world, there has also been criticism towards the countries heavy corruption in state run industries, lack of wage growth despite the growing economy, and the lack of a lot of social welfare commonly found in other countries.
 
The Puertegan economy was formerly almost exclusively based on farming cash crops and selling them abroad with things such as sugar and rubber however in recent times the economy has been moving to a more industrialized one with the country making it very easy and profitable for companies to outsource their production to Puertego, in recent times Puertego has become a large producer of things such as steel, textiles, chemicals, various refined metals, and aluminum though natural resource extraction still remains a large sector of the economy with mining copper, tin, zinc, nickel and other minerals as well as farming sugar, rubber, and tobacco still being large industries in Puertego. Services are a small sector of the economy with the government prioritizing industry and the only real service jobs are in shipping, finance, or banking or government operated utility companies. Remittances are the last part of the Puertegan economy with the country receiving an estimated $70 billion back from the 14 million Puertegan working abroad often in [[Pelaxia]], [[Cartadinia]], and [[Caphiria]]. The economy of Puertego is largely export based with exports outnumbering imports on a scale of 12 to 1, the country is one of the world's largest importers of energy with them buying coal, oil, and natural gas from almost anyone aboard who will sell it to them as well as being a large importer of food.
 
== Economic Sectors ==
=== Agriculture ===
 
=== Mining ===
[[File:Potosi Décembre 2007 - Industrie Minière.jpg|thumb|left|A mine in the eastern mountains of Puertego]]
Mining has always been and remains a large part of the Puertegan economy with the country producing according to 2025 data 18,500 tons of tin, 1,400,000 tons of zinc, 270,000 tons of nickel, 24,500 tons of cobalt, 2,400 tons of lithium, 120 tons of gold, 4,160 tons of silver, and 45,000,000 tons of iron ore. It is estimated through official state numbers that 14% of the population is employed through mining with wages in the sector being barely below average for Puertego and all being employed in the state-run mining company with private companies in that sector being disallowed by law granting the state a complete monopoly on mining operations in Puertego.
 
=== Manufacturing ===


{{Infobox political party
The manufacturing industry in Puertego has experienced rapid growth in recent years with the countries cities becoming heavily industrialized, manufacturing accounts for 2/3rds of GDP in Puertego and employs 1/3rd of the countries workforce. In 2030 the government of Puertego announced that the manufacturing industry had been completely privatized with the last few factories of the state-owned cement company being liquidated and the company being disbanded, growth in the sector remains extremely high with it experiencing a growth rate of around 14% yearly. The largest manufacturing sectors in Puertego are metallurgy, cement, chemicals, and textiles with smaller industries in arms, alcohol, machinery, food processing, and arms. In Puertego it's estimated that around 80% of manufacturing businesses are foreign owned with the 20% domestic owned ones almost universally being owned by high-ranking government officials in Puertego.
| name = National Pact
 
| abbreviation = NP
=== Construction ===
| logo = National Pact Logo.png
 
| symbol =  
Construction in Puertego has been a booming sector since the onset of the nation's rapid industrialization with the demand for new factories in the nation with the building of new factories and infrastructure to accommodate the countries rapidly growing industry as well as the governments large scale projects across the country. Construction in Puertego is privately owned with the state-run construction company being liquidated in 2019 with 4 large-scale privately-owned construction companies all filling its place almost immediately with the companies being owned by the current minister of Internal Security, two former members of the National Assembly, and a high-ranking general in the Puertegan army, however besides the big four construction companies in Puertego there are several much smaller privately owned construction companies which often operate on the grey market in an attempt to dodge taxes on their work with construction estimated to be the largest grey market industry in Puertego by far.
| colorcode = #0031C0
 
| chairperson =  
=== Energy & Other Utilities ===
| leader2_title = [[Concilium Daoni]] leader
| leader2_name = [[Conner Scipio Salderio]]
| founders =
| foundation = January 19, 1791
| predecessor = Conservative Faction, Nationalist Faction, Parliamentary Faction (18th Century)
| headquarters = 1001 5th Avenue, [[Urceopolis (City)|Urceopolis]], [[Urcea]]
| position = {{wp|Center-right}}
| ideology = *[[Crown Liberalism]]
*{{wp|Neoliberalism}}
*{{wp|Conservatism}}
*{{wp|Fusionism}}
| colors = Blue
| seats1_title = [[Concilium Daoni]]
| seats1 = {{composition bar|227|500|hex=#0031C0}}
| country = Urcea
}}


The '''National Pact''' is the second largest political party in the [[Urcea|Apostolic Kingdom of Urcea]], and the oldest. Though the party has been described as a large coalition by some, it is one of the strongest advocate for continuing the traditional [[Constitution of Urcea|constitutional balance]] in Urcea, which it played a large role in founding, and the party describes itself as [[Crown Liberalism|Crown Liberal]] and as the historical champion of the [[Concilium Daoni]]. Its economic policy is somewhat to the right of the traditional mainstream system and has, since the end of the 20th century, trended more towards a laissez faire position. Though the party was traditionally suspicious of foreign entanglements, during the Procuratorship of [[James Dynan]] the party supported a relatively limited intervention in [[Crona]] that laid the foundation for [[The Deluge]].
The energy and other utility sectors of Puertego remain under complete state control with the state granting itself a monopoly on the sector. The energy sector is primarily fueled through natural gas, crude oil, and coal though hydropower also makes up a sizeable portion of energy generated however the government has made an attempt to switch to less environmentally destructive methods of energy generation with multiple nuclear power plants currently being built in order to meet the nation's growing energy needs. The national energy grid often has trouble producing enough energy to sustain the national energy consumption which spiked significantly after the nations rapid industrialization with the government choosing to save energy for the industrial sector leading to only 1 in every 4-5 streetlights being kept on and scheduled black outs in the nation's cities being a daily occurrence often lasting around 2.5 hours each day and only buildings deemed necessities like government offices and hospitals being unaffected, though there have been initiatives by the government to increase the percentage of the population with access to electricity in their homes only around 45% of Puertegans currently have access with the presence of large amounts of informal housing being a primary obstacle to achiving higher levels. The water industry in Puertego is also state owned just like the electricity industry with many recent improvements to the water supply of Puertego in recent years such as vastly improved sanitation and disinfecting along with access to clean drinking water in cities being almost universal and in rural areas reaching an average of 75% with access.


== History ==
=== Banking & Finance ===
The National Pact was officially formed on January 19th, 1791, in Urceopolis, as the "National Pact for the Settlement of the Constitution", as a loose association of faction leaders of the [[Concilium Daoni]] in the period before political parties. The National Pact initially was made up of [[Burgundie|Burgundian]]-influenced liberal [[Social class in Urcea|privilegiata]], supporters of the powers of the Daoni over that of the King, moderate reformers, and a small faction of nationalists and other compatible Delegates from the Daoni. Some of these factions had existed since the beginning of the [[War of the Caroline Succession]] some forty years prior. Together, these disparate groups formed the cohesive ideology of [[Crown Liberalism]], the guiding philosophy of the National Pact.


Rather than following the lead of some other foreign-influenced factions and Delegates, the members of the National Pact considered themselves loyal subjects of the [[Apostolic King of Urcea]], and that they abhorred revolution or disloyalty. Instead, the Pact sought gradual reform within existing institutions. Throughout the 19th century's constitutional settlements, the National Pact scored many key victories for the power of the [[Concilium Daoni]], and thus the common people in general, in relation to the King. During this time, in which the party was unofficially known as the '''Party of Order''', the Pact coalesced from a loose coalition into a more unified and disciplined political organization with a clear ideology of modernization and industrialization with liberalization, and the party was lead by the privilegiata. The Party of Order era saw the National Pact support the King against more revolutionary types during the latter half of the 19th Century, a period in which they controlled substantial Daoni majorities. The so-called Party of Order also won elections for all of Urcea's seats in the [[Imperial Diet]] during the period. The 19th century included the period of enmity now referred to by historians as the [[Recess of the Julii]], which lead to the National Pact practicing political abstentionism in the Diet.


Initially tepidly supporting the Crown Regency of [[Gréagóir FitzRex]], the Pact quickly embraced restoration of the normal order and supported [[Patrick III of Urcea|King Patrick III]]'s efforts to that end. The Pact won many of the by-elections upon the restoration in 1902 and was compelled by the King to form a national unity government with its first major rival, the [[National Democratic Party (Urcea)]]. However, controversies such as [[The Enabling]] divided the Pact as it lost the support of the [[Ionian Plateau]] and was embroiled in scandal.


By the first full election after the restoration in 1905, the Pact found itself in a Daoni minority for the first time in decades. The National Democratic Party, which was more progressive on social reforms and had an economic policy in line with newly-formed Catholic teaching, went on to find major success until the [[Second Great War]], in which the Pact managed to regain power. Since the conclusion of the Great War, the National Pact has taken an increasingly neoliberal economic philosophy, a change that lead to the fracturing of the party as a minority broke off and formed separate parties, which sought to pursue Urcea's "traditional [[Crown Liberalism]]". During much of the 20th century and early 21st century, the Pact and the National Democratic Party were the largest two parties and often formed the Daoni majorities and elect the [[Procurator]]. The National Democratic Party ceased to exist as a consequence of the [[2015 Urcean political realignment]], leaving the Pact as the nation's largest party. As a part of the realignment, during the lengthy Procuratorship of [[James Dynan]], the party began to take on an activist approach to foreign policy, with support for [[The Deluge]] part of the Pact's official platform. The Pact retains its proud identity as "Crown Liberal", although the meaning of the term has become greatly debated with the advent of its neoliberal laissez-faire approaches to economics.
=== Gambling ===


== Ideology and Policies ==
The gambling industry in Puertego was originally outlawed in by the 2002 Moral Standards Act which outlawed all unauthorized forms of gambling and provided for penalties ranging from monetary fines to short prison sentences, although the Puertegan government does not list gambling as an offense which someone is able to go to prison over. However, while gambling is still officially illegal in Puertego the law only applies to Puertegan citizens allowing many casinos to operate inside Puertego's borders designed to cater to the interests of tourists with 22 such establishments existing in Puertego. However, despite the restrictions on gambling imposed by the government gambling as a past time has been deeply ingrained in Puertegan culture with men who refuse to take part in gambling often being labeled as unmasculine or cowards with a fear of any risks causing illegal gambling to be a large black-market sector in Puertego with the police force often being paid bribes to look the other way on it. Common forms of illegal gambling in Puertego include cockfights or dogfights, card rooms, and sports books with most of those run by organized crime, the large number of opportunities for gambling plus many Puertegan men feeling they need to gamble due to cultural expectations has led to widespread gambling addiction plaguing Puertego.
The National Pact was founded in the 1790s as a [[Crown Liberal]] political organization, a somewhat more moderate version of other contemporary liberal movements. Since then, the National Pact has abandoned its more traditional economic and foreign policies in favor of {{wp|fusionism}}, including classically liberal economics, an aggressive foreign policy, and socially conservative positions.


=== Constitutional Policy ===
== Trade & Foreign investment ==
The National Pact argues for strict adherence to the system of laws, customs, and institutions known as the [[Constitution of Urcea]], arguing that the democratic institutions under the [[Apostolic King of Urcea]] is Urcea's fundamental "great idea" and that the system must be maintained, including the current distribution of executive powers among the [[Procurator]] and [[Chancellor and Temporary President]]. The Pact views itself as largely responsible for the Constitution and the party's central philosophical tenet is its maintenance, both against explicit changes to it as well as what it views as implicit "usurpations" by any one part of the Constitutional system. The Pact believes in strong, but separated and balanced, parts of the [[Government of Urcea]], a position which traditionally meant limitation of the powers of the Apostolic King but increasingly has meant opposing the growth of the powers of the [[Concilium Daoni]] as advocated for by the [[Solidarity Party (Urcea)|Solidarity Party]]. The modern National Pact is divided on the issue of the monarch and particularly the reign of [[Riordan VIII]] as it relates to his power in [[NSTA|his overseas domains]], with traditionalists decrying the King's "excesses" while the mainstream of the party adopting the position that late 20th century monarchs had become too removed from public affairs, opening the door for an increasingly populist public view of the role of the legislature.
=== Foreign Trade ===


=== Economic Policy ===
=== Free Trade ===
Members of the National Pact believe that free markets and individual achievement are the primary factors behind economic prosperity. Despite pledges to roll back government spending, National Pact administrations have, since the late 1980s, sustained previous levels of government spending. The modern National Pact advocates the theory of supply side economics, which holds that lower tax rates increase economic growth. Many party members oppose higher tax rates for higher earners, which they believe are unfairly targeted at those who create jobs and wealth. They believe private spending is more efficient than government spending. Pact lawmakers have also sought to limit funding for tax enforcement and tax collection. Inversely, the National Pact has put forward several proposals to create a "universal" tax scheme, as they believe the differences in tax structures between provinces, states, and crownlands inhibits the growth of free enterprise and creates confusion for business owners. The National Pact believes, to the extent possible, that the middle class and small business owners are drivers of the economy and must be empowered, both through low taxes and reduced regulation, to ensure national prosperity.


Members of the National Pact believe individuals should take responsibility for their own circumstances. They also believe the private sector is more effective in helping the poor through charity than the government is through welfare programs and that social assistance programs often cause government dependency. Specifically, the Pact aims to increase the "range and scope" of [[Catholic Church|Catholic]] charity programs while reducing public programs for the same purpose via a policy known as "National-Church Partnership".
=== Foreign Debt, Aid, and Investment ===


====History====
== Labor Market ==
Historically, the National Pact did not have an official economic platform as it was a political club aimed at increasing the breadth and depth of the [[Constitution of Urcea]]. Within the Pact, many factions formed during the 19th and early 20th centuries with radically different views on economics. The Pact's first platform, adopted in 1840, included a small section on increasing the economic productivity of the nation, but it largely included language urging the implementation of tariffs against members of the [[Holy Levantine Empire]] (in keeping with the [[Recess of the Julii]]) and creation of a more robust national railroad system. Only after the [[Second Great War]] did economic considerations enter seriously into the Pact's philosophy, as it began to softly reject the language in Quadragesimo anno as outmoded and "without scientific precedent" while still "lauding the intentions of the Pope" to call for a just economic system. The transformation was gradual, as the mainstream economic classical liberal position did not become the majority position until the party's 1980 platform.
=== Unionization ===


=== Social Policy ===
=== Wages ===


=== Foreign Policy ===
=== Labor Export ===


=== Defense ===
=== Welfare ===


[[Category:2022 Award winning pages]]
== Enviornmental Damages ==
[[Category:IXWB]]
[[Category: Urcea]]
[[Category: Politics of Urcea]]
[[Category: Political parties]]

Revision as of 10:51, 4 July 2023

Economy of Puertego
San Lina, the financial capital of Puertego
CurrencyDamillo (DMO, Đ)
Calendar year
Country group
Statistics
GDPIncrease $1,108,410,624,000 (nominal, 2027 est.)
GDP rank
GDP growth
9.2% (2027)
GDP per capita
Increase $13,040 (nominal, 2027 est.)
GDP per capita rank
6th (nominal, 2027)
GDP by sector
  • 12.5%
Population below poverty line
Positive decrease 36% living at or below $3.20 a day (2026)
Negative increase 50.8 high
Template:IncreasePositive 0.646 medium
Labour force
  • Increase 96 million (July 2028)
  • Steady 80% employment rate (July 2028)
Labour force by occupation
Unemployment1.2% (official numbers) 11.7% (estimated)
Average gross salary
Đ7,152,640 ($325.12) monthly (2027)
Đ4,770,920 ($216.86) monthly (2027)
Main industries
Increase Easy #76 (2027)
External
Export goods
Tin, Natural Rubber, Sugar, Fish, Chemicals, Iron, Steel, Copper, Gold, Silver, Tobacco, Aluminum, Nickel, Zinc, Textiles, Machinery, Alcohol, Cement, Lithium, Paper, Diamonds, Refined Petroleum, Processed Food
Import goods
Grains, Corn, Pharmaceuticals, Fertilizer, Livestock, Automobiles, Electronics, Crude Oil, Natural Gas, Coal, Electricity, Broadcasting Equipment
FDI stock
  • Increase $512 billion (31 December 2027 est.)
  • Increase Abroad: $8 million (31 December 2027 est.)
$37,033 million (2028 est.)
$1,086,181,153,981 (31 December 2027 est.)
Public finances
Positive decrease 77% of GDP (FY 2027)
+ 0.7% of CDP
  • Scope:
  • BB
  • Outlook: Stable
Foreign reserves
$105.2 billion

All values, unless otherwise stated, are in US dollars.

The economy of Puertego is a mixed socialist-oriented market economy with the private sector allowed to operate in much of the economy though state control still being common in many industries such as utilities and natural resources. The economy is one of the fastest growing on the continent with it consistently measuring 8-9% GDP growth every year with the economy showing no real signs of slowing in its growth any time soon unless a catastrophic event hits the economy unexpectedly. While the economy has seen rapid and continuous growth ever since 2008 there are still many people who critique many aspects of the economy such as the massive income inequality and poverty allowed to exist in it with Puertego having some of the worst income inequality in the entire world, there has also been criticism towards the countries heavy corruption in state run industries, lack of wage growth despite the growing economy, and the lack of a lot of social welfare commonly found in other countries.

The Puertegan economy was formerly almost exclusively based on farming cash crops and selling them abroad with things such as sugar and rubber however in recent times the economy has been moving to a more industrialized one with the country making it very easy and profitable for companies to outsource their production to Puertego, in recent times Puertego has become a large producer of things such as steel, textiles, chemicals, various refined metals, and aluminum though natural resource extraction still remains a large sector of the economy with mining copper, tin, zinc, nickel and other minerals as well as farming sugar, rubber, and tobacco still being large industries in Puertego. Services are a small sector of the economy with the government prioritizing industry and the only real service jobs are in shipping, finance, or banking or government operated utility companies. Remittances are the last part of the Puertegan economy with the country receiving an estimated $70 billion back from the 14 million Puertegan working abroad often in Pelaxia, Cartadinia, and Caphiria. The economy of Puertego is largely export based with exports outnumbering imports on a scale of 12 to 1, the country is one of the world's largest importers of energy with them buying coal, oil, and natural gas from almost anyone aboard who will sell it to them as well as being a large importer of food.

Economic Sectors

Agriculture

Mining

A mine in the eastern mountains of Puertego

Mining has always been and remains a large part of the Puertegan economy with the country producing according to 2025 data 18,500 tons of tin, 1,400,000 tons of zinc, 270,000 tons of nickel, 24,500 tons of cobalt, 2,400 tons of lithium, 120 tons of gold, 4,160 tons of silver, and 45,000,000 tons of iron ore. It is estimated through official state numbers that 14% of the population is employed through mining with wages in the sector being barely below average for Puertego and all being employed in the state-run mining company with private companies in that sector being disallowed by law granting the state a complete monopoly on mining operations in Puertego.

Manufacturing

The manufacturing industry in Puertego has experienced rapid growth in recent years with the countries cities becoming heavily industrialized, manufacturing accounts for 2/3rds of GDP in Puertego and employs 1/3rd of the countries workforce. In 2030 the government of Puertego announced that the manufacturing industry had been completely privatized with the last few factories of the state-owned cement company being liquidated and the company being disbanded, growth in the sector remains extremely high with it experiencing a growth rate of around 14% yearly. The largest manufacturing sectors in Puertego are metallurgy, cement, chemicals, and textiles with smaller industries in arms, alcohol, machinery, food processing, and arms. In Puertego it's estimated that around 80% of manufacturing businesses are foreign owned with the 20% domestic owned ones almost universally being owned by high-ranking government officials in Puertego.

Construction

Construction in Puertego has been a booming sector since the onset of the nation's rapid industrialization with the demand for new factories in the nation with the building of new factories and infrastructure to accommodate the countries rapidly growing industry as well as the governments large scale projects across the country. Construction in Puertego is privately owned with the state-run construction company being liquidated in 2019 with 4 large-scale privately-owned construction companies all filling its place almost immediately with the companies being owned by the current minister of Internal Security, two former members of the National Assembly, and a high-ranking general in the Puertegan army, however besides the big four construction companies in Puertego there are several much smaller privately owned construction companies which often operate on the grey market in an attempt to dodge taxes on their work with construction estimated to be the largest grey market industry in Puertego by far.

Energy & Other Utilities

The energy and other utility sectors of Puertego remain under complete state control with the state granting itself a monopoly on the sector. The energy sector is primarily fueled through natural gas, crude oil, and coal though hydropower also makes up a sizeable portion of energy generated however the government has made an attempt to switch to less environmentally destructive methods of energy generation with multiple nuclear power plants currently being built in order to meet the nation's growing energy needs. The national energy grid often has trouble producing enough energy to sustain the national energy consumption which spiked significantly after the nations rapid industrialization with the government choosing to save energy for the industrial sector leading to only 1 in every 4-5 streetlights being kept on and scheduled black outs in the nation's cities being a daily occurrence often lasting around 2.5 hours each day and only buildings deemed necessities like government offices and hospitals being unaffected, though there have been initiatives by the government to increase the percentage of the population with access to electricity in their homes only around 45% of Puertegans currently have access with the presence of large amounts of informal housing being a primary obstacle to achiving higher levels. The water industry in Puertego is also state owned just like the electricity industry with many recent improvements to the water supply of Puertego in recent years such as vastly improved sanitation and disinfecting along with access to clean drinking water in cities being almost universal and in rural areas reaching an average of 75% with access.

Banking & Finance

Gambling

The gambling industry in Puertego was originally outlawed in by the 2002 Moral Standards Act which outlawed all unauthorized forms of gambling and provided for penalties ranging from monetary fines to short prison sentences, although the Puertegan government does not list gambling as an offense which someone is able to go to prison over. However, while gambling is still officially illegal in Puertego the law only applies to Puertegan citizens allowing many casinos to operate inside Puertego's borders designed to cater to the interests of tourists with 22 such establishments existing in Puertego. However, despite the restrictions on gambling imposed by the government gambling as a past time has been deeply ingrained in Puertegan culture with men who refuse to take part in gambling often being labeled as unmasculine or cowards with a fear of any risks causing illegal gambling to be a large black-market sector in Puertego with the police force often being paid bribes to look the other way on it. Common forms of illegal gambling in Puertego include cockfights or dogfights, card rooms, and sports books with most of those run by organized crime, the large number of opportunities for gambling plus many Puertegan men feeling they need to gamble due to cultural expectations has led to widespread gambling addiction plaguing Puertego.

Trade & Foreign investment

Foreign Trade

Free Trade

Foreign Debt, Aid, and Investment

Labor Market

Unionization

Wages

Labor Export

Welfare

Enviornmental Damages

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