Early history of Urcea and Economy of Puertego: Difference between pages

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{{Template:History of Urcea sidebar}}
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{{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 '''Early history of Urcea''', sometimes also called the '''Early Period''', consists of the entire period of time from the beginning of human settlement of [[Levantia]] through the death of [[Saint Julius I]] in 800 AD. Consequently, it includes the sparsely-recorded history of southwestern before the arrival of the [[Adonerum|Adonerii]], the early Adonerii period, the rise and fall of [[Great Levantia]], and the period between the fall of [[Great Levantia]] and rise of the [[Holy Levantine Empire]].
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.


During this period, significant upheaval was the norm for more than two thousand years prior to the establishment of [[Great Levantia]]. Arrivals of [[Gaelic people]], Istroyan people and then [[Latinic people]] lead to massive demographic changes in the modern territory of Urcea, as the earliest human societies were displaced by semi-nomadic Gaelic tribes that introduced agriculture to the region. The Gaels were displaced in the millennium BC by [[Latinic people]], while Istroyan people settled the southeastern shore of the country. These groups came together to an extent in the foundation of [[Great Levantia]], which eventually collapsed due to economic failure, social upheavel, and pressure from outside groups, such as the Goths. From the foundations of Great Levantia came the [[Latin League]] and [[Urceopolis (City)|Urceopolis]] alongside the early origins of feudalism. The Latin League was swept away by the new [[Holy Levantine Empire]] in the 8th century, but Urceopolis was spared from destruction due to the leadership of [[Saint Julius I]], who elevated Urceopolis's position within the Empire by cooperation with Emperor Conchobar. By the time of his death, his dynasty ruled more than a third of Urcea's modern territory, creating the foundations for the later establishment of a single country.
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.


== Prehistory ==
== Economic Sectors ==
Extremely little is known about Urcea prior to the rise of the [[Gaelic people]] within its lands. Before the arrival of the Gaelic peoples in Urcea, the region was inhabited by what was likely a large number of different pre-agricultural groups. These groups were primarily hunter-gatherers, and relied on hunting, gathering, and fishing for their sustenance. They lived in small, mobile groups, and did not have permanent settlements, although the archaeological record suggests that some seasonal locations saw continued use by multiple peoples throughout the prehistoric period.
=== Agriculture ===
[[File:Middle Paleolithic stone tool known as Mousterian point discovered in the Darai Rockshelter in the Sirwan valley of Hawraman, Zagros.jpg|thumb|left|200px|A stone tool associated with the Felandri culture.]]
The earliest known material culture in the region of Urcea is the Felandri culture, which is associated with Neanderthal peoples. This culture is characterized by the use of stone tools, and is believed to have existed in the region from around 100,000 BC to 40,000 BC. After the Felandri culture, the region was inhabited by a number of other pre-agricultural cultures. The Murdla culture, which is associated with anatomically modern humans, is thought to have existed in the region from around 40,000 BC to 28,000 BC. This culture is known for its sophisticated stone tools and cave art. Later, the region was inhabited by the Pamattan culture, which is thought to have existed from around 28,000 BC to 21,000 BC. This culture is known for its advanced hunting techniques, including the use of the atlatl, a spear-throwing device.


== Gaelic ascendancy ==
=== Mining ===
The early history of the [[Gaelic people]]s in Urcea is not well-documented, as much of the written record from this period has been lost and very few parts of the Gaelic world at this period exhibited use of writing. However, it is believed that the Gaelic peoples first began to settle in the region that would later become Urcea in the Neolithic period, around 4000 BC. Most scholars believe that Gaelic people were foreign to [[the Valley (Urcea)|the Valley]] and other outlying parts of Urcea based on differences in "early" and "late" {{wp|material culture}}s in the area. The early settlers were likely drawn to the region by its abundant natural resources, including fertile lands for and access to fresh water from rivers and lakes which crossed the countryside.
[[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.


As the Gaelic peoples began to settle in the region, they developed a distinctive culture and way of life. They built small, semi-nomadic communities, and relied on hunting and gathering for their sustenance until the {{wp|Neolithic Revolution}} which occurred among the Gaels. Historians believe they may have brought semi-agricultural practices and seeds from elsewhere and that early wheat may not have been native to [[the Valley (Urcea)|the Valley]].
=== Manufacturing ===


The Gaels also developed a rich oral tradition, passing down stories, legends, and other cultural traditions through the generations. During this period, the Gaelic peoples of Urcea also came into contact with other cultures and civilizations, and the first interactions between [[Gothic people]] and Gaels likely occurred at this time. They traded with neighboring peoples, and were greatly influenced by the cultures and technologies of these neighboring groups. For example, they may have adopted metalworking techniques from the [[Ancient Istroya]]n people who began to explore and lightly settle in the region at some point after 1500 BC. Gaelic metalworking would develop to be relatively on par with that of the nearby [[Latinic people]]s of [[Urlazio]], and most historians believe that the earliest conflicts between Gaels and Latins were largely fought on comparable technological terms.
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.


== Adonerii early period ==
=== Construction ===
{{Main|History of the Ancient Latinic civilization}}
The earliest arrivals from [[Adonerum]] are not recorded by history, but most scholars estimate they arrived in the 900s BC. In place of recorded history, significant myth and legend surround the earliest Latinic arrivals in [[Levantia]]. The most commonly accepted myth in the ancient world was that of the [[Latin_Heroic_Age#Journey_of_the_Fifty|Journey of the Fifty]]. In the "Journey", fifty demigods - mortal descendants of the gods of Istroya - were gathered from across Istroya and sent to [[Urlazio]] in order to lead a group of Adonerii into the eastern wilderness. In the story, the gods are both envious of the influence the demigods have over the Istroyans but are also fearful that their power may be abused by mortal kings. Leader among the demigods was "Levas", who was the child of two demigods and considered more divine than human. The fifty demigods travel to [[Urlazio]] and, after five years of pleading, are given an army of Adonerii to accompany them. At the conclusion of the story, they defeat a variety of mythical creatures such as a fifty foot tall lion and settle on the harbor of what would become [[Urceopolis (City)|Urceopolis]], the first Latinic city in [[Levantia]]. Levas is given the entire land by the gods and disappears in most versions of the tale, though he continues to rule the entire land from a "divine estate" in Urceopolis. This story was likely invented by later Urceopolitans to account for the Istroyan name of the city, but further evolved into the founding myth of [[Great Levantia]] and the foundation of the [[Religion in Great Levantia|Cult of the State God]].
[[File:TempleofCapitoliumRome.jpg|thumb|right|200px|Speculative model of the first Temple of [[Religion_in_Great_Levantia#Cult_of_the_State_God|Levas]] in [[Urceopolis (City)|Urceopolis]], ca 500 BC.]]
Archaeological findings have suggested that the first Adonerii city in modern mainland Urcea was almost certainly a coastal city and was likely close to modern Ordep on the Urcean mainland across from [[Crotona]], which was settled far earlier. Most of the early Adonerii settlements were likely fishing villages or trade outposts on the periphery of [[Adonerum]] but later grew in stature and significance as the population of [[Urlazio]] grew further beyond the agricultural capability of the island. Small pieces of evidence suggest the Adonerii and wandering Gaelic tribes likely lived in peaceful coexistence in the first century after the arrival of the Adonerii, but demand for more agricultural land pushed the Adonerii further inland which put them in conflict with the Gaels. The Latinic settlers were better armed and had stronger, bronze and early iron weaponry which the Gaels could not match. In the context of Adonerii expansion it is posited that [[Urceopolis (City)|Urceopolis]] was founded, approximately in 887 BC. The site of Gaelic fishing villages at the intersection of the [[Urce River]] with the Esquiline River, the new city - originally ''Colonia Urceania'' based on the name of the river - had a commanding position in the Urce River allowing for further exploration and growth into the Levantine interior, and also possessed a natural harbor. Historians surmise that a significant portion of the early population of the city was made up of Istroyan guides and traders, leading to the later adoption of the name ''Urceopolis''.


Upon the arrival of Latinic settlers from [[Adonerum]] in the millennium BC, many native Gaelic tribes fled eastward into the modern day [[Deric States]] or southward into modern day [[Gassavelia]], leaving [[The Valley (Urcea)|the Valley]] open for settlement by Latinics. Historians estimate that the first few groups of Latinic settlers - those that settled more precisely in modern day [[Urcea]] - were almost exclusively men, leading to a necessary intermarriage with local Gaels. By the 300s BC the people of [[Great Levantia]] had taken on a clearly divergent set of cultural mores and practices compared to other Latinic states such as [[Caphiria]], though they attributed these differences to the "pioneer spirit" rather than to adopting Gaelic practices. Despite having Gaelic influences from the very beginning of Latinic settlement, a clear prejudice began to form against Gaels, with the Latinic population creating the dichotomy of themselves as civilized and the Gaels as barbarians.
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.


== Great Levantia ==
=== Energy & Other Utilities ===
{{Main|Great Levantia}}


[[Latinic people|Latin]] cities spread throughout [[The Valley (Urcea)|the Valley]] and other parts of modern [[Urcea]]. They gradually began to come under the aegis of [[Great Levantia]], a Latin stated based in the city of [[Urceopolis (City)|Urceopolis]]. Growing from a small city-state in the 570s BC, Great Levantia would come to conquer more than half of [[Levantia]] as a whole and would spread Latin culture throughout the continent. During this period, the Valley became the heartland of a continental empire. New cities were constructed throughout the country based on the military successes and failures of the Levantine legions, and new systems of roads began to radiate outward from Urceopolis. This level of development was relatively uneven throughout what would become Urcea, however; the [[Ionian Plateau]] remained relatively free of Latins throughout Great Levantia's existence, and the [[Urcean frontier]] remained lightly populated the harsh conditions there. In the height of [[Great Levantia]], approximately around 200 AD, the propagation of the Latinic identity and destruction of local Gaelic identity was largely complete in the area of the modern day [[Urceopolis (Archduchy)|Archduchy of Urceopolis]] and to a lesser degree in the other parts of the Empire, especially not in Gaul. It was during this time that most historians pinpoint the foundations of a distinct [[Urcean people]] emerging as a regional subculture of the [[Levantine identity]] in the "suburban" cities and villages surrounding Urceopolis, which retained a "High Levantine" culture and identity well into the 6th century.
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.


The decline of the Empire, though, brought a reversal of fortunes for the Latinic people. Waves of Gaels who had been pushed aside nearly a millennia prior began to variously pillage, raid, invade, and settle in the Empire, bringing a resurgence of Gaelic culture - and people - into Levantine society. Additionally, [[Gaelic people]] began to stream out of northwestern [[Great Levantia]] fleeing the advance of the Gothic people in the 4th and 5th centuries, bringing large numbers of Gaelic people seeking shelter in the [[Urce River]] valley. Intermarriage between Latinics and Gaels became very common following Amadeus Agrippa's Christianization of the Empire. The sack of Urceopolis by [[Caenish people|Caens]] and Picts in 434 sent huge numbers of Latinic refugees eastward into the modern [[Deric States]], further weakening the presence of so-called "High Levantines" in Urcea.
=== Banking & Finance ===


== Post-collapse Urce River valley socieities ==
The river valley embracing the [[Urce River]] was almost entirely populated by peoples speaking a mixture of Latin and Gaelic by the middle of the 7th century. Particularly, following the protracted collapse of the central authority in the region with the decline of Great Levantia and its successors, a band of competing clans dominated the river valley. These valley clans were primarily Gaelic in nature and eventually constructed series of fortified mansions that would later become castles, creating a chaotic political situation that prevented coalescence of power by any one individual or family in the Urce Valley region. By the 7th century, the cultural and ethnic divide of the former heartland of [[Great Levantia]] included three primary groups; [[Latinic people]], [[Urcean people|Latino-Gaelic people]], and [[Gaelic people]], accounting for approximately a quarter, half, and a quarter, respectively. The oft-cited demographic described above - a quarter Latinic, half Latino-Gael, and a quarter Gaelic - was largely brought about by the chaos of the last days of the Empire. It would play a critical role in the politics and society of the areas of the [[Latin League]] just prior to the formation of the [[Holy Levantine Empire|Levantine Empire]] in 760.


The City of Urceopolis had been the seat of power in [[Great Levantia]], and with the deposition of the last ruler, the City became the seat of the [[Duchy of Urceopolis]], consisting of the City, its hinterlands, and a sizable portion of the Urce river valley. The City itself had a strong concentration of population in the Pale and along the Urce River due to the cessation of aqueduct functions, but large portions of the city lay abandoned and crumbling from the former heights of the city's glory as center of Great Levantia. Disease and poor sanitation was also particularly widespread in the city throughout the period as the running water had ceased. Powerful families and local magnates seized some of these areas and established, using the stone of ruins, fortified mansions of their own, creating pseudo-fiefdoms within the city walls themselves. These magnates would often impose tolls on travelers and pilgrims entering the city.


Unlike later offices, this Duchy was initially elective between several of the most powerful families and clans within the city, particularly the clans Neronii and Brutii, whose pedigree extended back far enough to have been able to boast of Consuls of [[Great Levantia]] among their number. The ''Dux'' of Urceopolis was elected by the tribal assembly, an institution dating back to the early days of Great Levantia. The Dux would very rarely take a stand against the magnates unless they were rivals; the lawlessness of the Dux's allies usually continued unabated. The most successful Duke of this proto-Urcean state was perhaps Tiberius II Neronii, who had managed to subdue many of the local magnates both in the city and the country, consolidating his power. His childless death in 690, however, meant that his newfound patrimony was again split among several relatives, though this consolidation of power in the Duchy for the Neronii family and the practical elimination of the Brutonii in this period paved the way for a later ruler to consolidate the Duchy.
=== Gambling ===


It was during this period that the [[Pope|Papacy]] began to emerge as a truly independent political actor, though the Pontifical office had been influential throughout late Great Levantia. The Duchy of Urceopolis's authority remained within the city itself, and did not extend across the [[Urceopolis_(City)#Geography|Esquiline River]] which divides modern Urceopolis into northern and southern segments. Accordingly, the Pope began to emerge as the primary political leader in the land to the south of the Esquiline given the location of the Vatican and [[St. Peter's Archbasilica]] in that part of what was the city of Urceopolis. By the early 7th century, the Pope had emerged as the {{wp|de facto}} ruler of the lands east of the Urce River and south of the Esquiline River for dozens of miles, although his "rule" was tenuous, taking the form of allegiance of various fortified manor lords.  
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.


During the Duchy period, Urceopolis constantly feuded with [[Harren]] and [[Gallawa]], two of the other large polities on its border, though the lands of Urceopolis and Harren formed the backbone of the [[Latin League]], a coalition of several polities and city-states aimed at mutual defense against both [[Hištanšahr]] and [[Gallawa]]. Beginning ca. 690, Gallawa united the other petty Gael kingdoms into one sprawling empire. It was in this geopolitical context that [[St. Julius I]] was elected Dux of Urceopolis.
== Trade & Foreign investment ==
=== Foreign Trade ===


== Beginning of the Julian dynasty ==  
=== Free Trade ===
[[File:StefanIHongarije.jpeg|thumb|left|150px|A traditional anachronistic depiction of [[St. Julius I]] in the garb and [[Julian_Throne_and_Crown_Jewels_of_Urcea#Crown_of_St._Julius|crown]] of the [[Apostolic King of Urcea]], ca. 1175.]]


[[Saint Julius I|Gaius Julius Cicurinus]] was, in 749, elected from the marginal Julii family following an impasse in the tribal assembly between the Neronii and the Scipii families. Julius's ascendant career was based on his steady command and fighting prowess against Hištanšahr as well as other eastern non-Christian raiders as part of a Latin League army. Many major victories in a lesser command of [[Latin League]] armies over Hištanšahr earned him the agnomen "''Usdenicus''". Through his early reign, the two polities cooperated in wars against Levantine pagans and the various victories brought the new Dux not only prestige but loot recovered from the raiders as well, which allowed the Dux to fund further campaigns and rebuilding efforts in Urceopolis. Besides his military commands, the Julii were well known supporters of the full integration of [[Gaelic people]] into Urceopolitan society. Though most of the residents of the Duchy by this time were [[Urcean people|Latino-Gaels]] as described previously, the nobility of the city retained the typical proud [[Latinic people|Latinic heritage]] despite being part ethnically Gael themselves, as Julius was. Consequently, people of patrilineal Gaelic descent were excluded from membership in the tribal assembly. Julius spent much of the first four years of his reign reforming the Duchy by fighting rebellious river magnates as well as disgruntled nobles in the city who opposed his so-called "Gaelicization" project. Forming a strong relationship with the Pope and marrying the daughter of the most powerful Neronii magnate in the city, Duke Julius ultimately outmaneuvered his rivals and assumed near-total control over the city by 753 AD and had subdued most of the river magnates by 755 despite being on campaign elsewhere for much of the preceding years. During these critical years of his early reign, Julius successfully integrated twenty five tribes of [[Gaelic people|Gaels]] into what is now known as the [[Estates of Urcea]], establishing the Estate rolls that are still in place today. While the Estates had assumed something resembling their familiar feudal form by this point, they were still an important source of client-patron power for the Dux, and this move guaranteed the victory of the Julii in potential future elections for Dux in the tribal assembly. It was additionally during this period that the future Saint established several monasteries in the city but especially in the Urce Valley that would later form the basis for great monastic estates that would become the nucleus of the suburban cities of Urceopolis. His Neronii wife died in 756 AD, leaving the Dux in mourning; historians tend to see the politically savvy marriage as a generally happy one.
=== Foreign Debt, Aid, and Investment ===


[[Gallawa]] began its campaign in 750 against the former heartland of [[Great Levantia]] with the ascension of [[Conchobar I, Emperor of the Levantines|Conchobar]] as its King. Swiftly conquering outlying Latin areas, the [[Latin League]] began to assemble and elected [[Saint Julius I|Julius]] its head given his military successes. With the Gaelic tribes integrated, Julius began to raise huge levies of Latino-Gaelic tribal soldiers to accompany the armies of the Latin League. Julius won several major victories against [[Conchobar I, Emperor of the Levantines|Conchobar]], culminating with the Battle of Beldra in 755, where the well-disciplined Latino-Gael army of more than 45,000 defeated an army of Gallawa of about 125,000, although modern scholars believe these numbers to be greatly inflated. Realizing that Levantia could not be overcome without first unseating Julius, Conchobar ultimately set his eyes on the “crown jewel of Levantia”, [[Urceopolis (City)|Urceopolis]], beginning their march against it in 756 AD. The cities and nobles of the Latin League, however, had long been disgruntled with having to accommodate Gaels, whom they regarded as their enemy in the war. They unceremoniously voted to replace Julius in 757 and sent him home.
== Labor Market ==
=== Unionization ===


The Dux began to prepare the defenses of the city and army as several of the noble families fled or fought the Gaels in losing pitched battles along the river, and many local magnates were brought to heel while many others saw their castles destroyed and their patrimony shattered. Inversely, the fortunes of the [[Latin League]] were reversed almost immediately as Julius was sent away, and streams of Latinic refugees began to flood into [[Urceopolis (City)|Urceopolis]], bringing about a major surge in population that brought the city back to demographic prominence after it was depopulated as a result of the sack in 434. As Gallawa drew closer in 759, the Duke was approached by the [[Pope]], who advised that, rather than fight, the Duke should submit. Julius would later write that he found himself “greatly troubled, but St. Joseph appeared in a dream”, stating that Duke Julius should “neither fight nor flee like the Holy Family to Egypt, but rather submit to the men before you, for they are good Christian men; Our Divine Savior will not permit suffering to befall you or your city”.
=== Wages ===


The next day, Julius told the [[Pope]] of this then departed the city towards the siege camp of the King of Gallawa, [[Conchobar I, Emperor of the Levantines|Conchobar]]. Julius met Conchobar in the field between the camp and the city, and to the latter’s surprise, Julius bent the knee and submitted himself to Conchobar as his subject. The King of Gallawa embraced Julius and, according to legend, told Julius of a vision of St. Joseph he had received that Urceopolis would be part of a great Christian Empire without so much as a drop of blood being shed. King Conchobar entered the city then asked Julius to marshal his forces and march on Harren, which fell to the combined armies in the span of a month. Following the conquest of south [[Levantia]], King Conchobar reorganized the political landscape by establishing new duchies and political units which would aid in his future administration of the area. The [[Urceopolis (Duchy)|Duchy of Urceopolis]] was reorganized into the [[Urceopolis (Archduchy)|Archduchy of Urceopolis]] embracing most of the land of the [[Urce River]] inland, whereas a new extensive [[Harren|Duchy of Harren]] was created to the southeast. A number of counties were established in the [[Ionian Plateau]] and former mercantile cities which were members of the [[Latin League]] on the coast were consolidated into a few powerful republics under Gallawa overlordship known as the [[Creagmer republics]]. Later, following the subjugation of [[Greater Canaery]] in 767, a new [[Canaery|Duchy of Cana]], later elevated to Electoral status in the [[Holy Levantine Empire]], was created to the far south to help contain [[Hištanšahr]] in addition to several {{wp|march|marches}} in the [[Urcean frontier|Southern Wilderness]]. Conchobar establishes other so-called "original duchies" in the region as well, particularly the Duchy of [[Callan]]. While most of the traditional social hierarchy was left alone, a number of Gael nobles were settled on the southeastern side of the [[Urce River]] in what would eventually become the [[Duchy of Transurciana]]. These settled nobles would prove to be later more loyal to the [[Pope]] than the Archduke as had been the custom dating back to the 6th century, creating division within the Archduchy during the medieval period.
=== Labor Export ===


In exchange for his loyalty, [[Conchobar I, Emperor of the Levantines|Conchobar]] granted Julius the title of [[Archduchy of Urceopolis|Archduke of Urceopolis]] and also granted the new [[Grand Duchy of Harren|Duchy of Harren]] to Julius’s brother, Aedanicus. Later, in 761, Conchobar was crowned [[Emperor of the Levantines]] in [[Urceopolis (City)|Urceopolis]] by the Pope, forming the [[Holy Levantine Empire|Levantine Empire]]. St. Julius I remained a loyal vassal of the Emperor and continued to defend the Imperial frontier against non-Christians, eventually working to convert large groups later in life. Julius died in 800 AD and was canonized by the Church in 1097, forming an important basis for the arguments that eventually lead to the issuance of the [[Golden Bull of 1098]], in favor of the Saint’s descendants.
=== Welfare ===


As Archduke, Julius introduced multiple reforms, most notably further integrations of Gaelic and several forms of the bastardized hybrids of Gaelic and Latin as government languages of the Archduchy, changes that eventually lead to the official adoption of [[Lebhan language|Lebhan]] as the official language of state and commerce by the Kingdom of Urcea several hundred years later. His project of elevating the Latino-Gaels - the [[Urcean people]] - into full integrated status within the Archduchy gave him the legacy of being the "founding father of [[Urcea]]."
== Enviornmental Damages ==
 
[[Category: History of Urcea]]
[[Category: Urcea]]
[[Category:IXWB]]

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