New Archduchy and Economy of Puertego: Difference between pages

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{{Infobox economy
{{Infobox country
| country    = Puertego
|micronation =        <!--yes if a micronation-->
|image = Panama-city-panorama.jpg
|conventional_long_name = Republic of New Archduchy
|image_size = 300px
|native_name =       
|caption = [[San Lina]], the {{wp|Financial centre|financial capital}} of Puertego
|common_name =        New Archduchy
| currency  = [[Damillo]] (DMO, Đ)
|status =           
| year       = {{wp|Calendar year}}
|image_flag =         File:NArdFlag.png
| organs    =  
|alt_flag =           <!--alt text for flag (text shown when pointer hovers over flag)-->
| group      = {{plainlist|
|flag_border =        <!--set to no to disable border around the flag-->
*{{wp|Developing country|Developing/Emerging}}
|image_flag2 =        <!--e.g. Second-flag of country.svg-->
*{{wp|World Bank Lower-middle income economy|Lower-middle income economy}}}}
|alt_flag2 =         <!--alt text for second flag-->
| gdp        = {{increase}} $1,108,410,624,000 (nominal, 2027 est.)
|flag2_border =       <!--set to no to disable border around the flag-->
| gdp rank  = {{plainlist|
|image_coat =        File:NArdSeal.png
*[[List of countries by GDP|10th (nominal, 2028 est.)]]}}
|alt_coat =          <!--alt text for coat of arms-->
| growth    = 9.2% (2027)
|symbol_type =        <!--emblem, seal, etc (if not a coat of arms)-->
| per capita = {{increase}} $13,040 (nominal, 2027 est.)
|national_motto =    ''da Deus fortunae''
| per capita rank = [[List of countries by GDP|6th (nominal, 2027)]]
|englishmotto =      (O God give us fortune)
| sectors    = *{{wp|Primary sector of the economy|agriculture}}: 25%
|national_anthem =    <!--in inverted commas and wikilinked if link exists-->
*{{wp|Secondary sector of the economy|industry}}: 66%
|royal_anthem =      <!--in inverted commas and wikilinked if link exists-->
*{{wp|Tertiary sector of the economy|services}}: 4%
|other_symbol_type =  <!--Use if a further symbol exists, e.g. hymn-->
| components =  
|other_symbol =
| inflation  = *12.5%
|image_map =         <!--e.g. LocationCountry.svg-->
| bankrate  =  
|loctext =            Location of New Archduchy (green) in [[Crona]] (gray)
| poverty    = {{decreasePositive}} 36% living at or below $3.20 a day (2026)
|alt_map =            <!--alt text for map-->
| gini      = {{increaseNegative}} 50.8 {{color|darkred|high}}
|map_caption =        <!--Caption to place below map-->
| hdi       = {{increasePositive}} 0.646 {{color|darkorange|medium}}
|image_map2 =        <!--Another map, if required-->
| labor      = {{plainlist|
|alt_map2 =          <!--alt text for second map-->
*{{increase}} 96 million (July 2028)
|map_caption2 =       <!--Caption to place below second map-->
*{{steady}} 80% employment rate (July 2028)}}
|capital =           Adriansville
| occupations = {{plainlist|
|coordinates =        <!-- Coordinates for capital, using {{tl|coord}} -->
*{{wp|Primary sector of the economy|agriculture}}: 57%
|largest_city =       capital
*{{wp|Secondary sector of the economy|industry}}: 33%
|largest_settlement_type = <!--Type of settlement if largest settlement not a city-->
*{{wp|Tertiary sector of the economy|services}}: 10%
|largest_settlement = <!--Name of largest settlement-->
*(2016)}}
|official_languages = [[Julian Ænglish]]
| unemployment = 1.2% (official numbers) 11.7% (estimated)
|national_languages = <!--Country/territory-wide languages recognised but not necessarily in country/territory-wide law, etc-->
| average gross salary = Đ7,152,640 ($325.12) monthly (2027)
|regional_languages = <!--Languages recognised or associated with particular regions within the country/territory-->
| gross median =
|languages_type =     <!--Use to specify a further type of language, if not official, national or regional-->
| average net salary = Đ4,770,920 ($216.86) monthly (2027)
|languages =          <!--Languages of the further type-->
| net median =  
|languages_sub =      <!--Is this further type of language a sub-item of the previous non-sub type? ("yes" or "no")-->
| industries = {{hlist|{{wp|machinery}}|{{wp|steel}}|{{wp|cement}}|{{wp|chemicals}}|{{wp|food processing}}|{{wp|lumber}}|{{wp|mining}}|{{wp|textiles}}|{{wp|construction}}|{{wp|alchohol}}}}
|languages2_type =   <!--Another further type of language-->
| edbr      = {{increase}} {{wp|Ease of doing business index#Ranking|Easy #76 (2027)}}
|languages2 =        <!--Languages of this second further type-->
| exports    =  
|languages2_sub =    <!--Is the second alternative type of languages a sub-item of the previous non-sub type? ("yes" or "no")-->
| 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
|ethnic_groups =     <!--List/breakdown of ethnic groups within the country/territory-->
| export-partners =
|ethnic_groups_year = <!--Year of ethnic groups data (if provided)-->
| imports    =  
|ethnic_groups_ref = <!--(for any ref/s to associate with ethnic groups data)-->
| import-goods = Grains, Corn, Pharmaceuticals, Fertilizer, Livestock, Automobiles, Electronics, Crude Oil, Natural Gas, Coal, Electricity, Broadcasting Equipment
|religion =           [[Catholic Church|Catholic]]
| import-partners =
|religion_year =     <!--Year of religion data (if provided)-->
| current account =  
|religion_ref =      <!--(for any ref/s to associate with religion data)-->
| FDI        = {{plainlist|
|demonym =            Newarc (adjective)<br>Newarcs (plural)
*{{increase}} $512 billion (31 December 2027 est.)
|government_type =  {{wp|Parliamentary republic}}
*{{increase}} Abroad: $8 million (31 December 2027 est.)}}
|leader_title1 =     Popular Regent
| current account = $37,033 million (2028 est.)
|leader_name1 = John Brianus
| gross external debt = $1,086,181,153,981 (31 December 2027 est.)
|leader_title2 =     Chancellor
| NIIP      =
|leader_name2 = Marius Felen
| debt      = {{decreasePositive}} 77% of GDP (FY 2027)
<!--......-->
| balance    = + 0.7% of CDP
|leader_title14 =      <!--(up to 14 distinct leaders may be included)-->
| revenue    =  
|leader_name14 =  
| expenses  =  
|legislature =        Common Council
| aid        =  
|upper_house =       
| credit    = {{plainlist|
|lower_house =        
*Scope:
|sovereignty_type =  
*BB
|sovereignty_note =
*Outlook: Stable}}
|established_event1 = Independence from [[Urcea]]
| reserves  = $105.2 billion
|established_date1 = 9 August 1890
|established_event2 = Constitution adopted
|established_date2 =  17 July 1892
<!--......-->
|established_event13 = <!--(up to 13 distinct events may be included)-->
|established_date13 =
|area_rank =
|area =              <!--Major area size (in [[Template:convert]] either km2 or sqmi first)-->
|area_km2 =          <!--Major area size (in square km)-->
|area_sq_mi =        <!--Area in square mi (requires area_km2)-->
|area_footnote =      <!--Optional footnote for area-->
|percent_water =
|area_label =        <!--Label under "Area" (default is "Total")-->
|area_label2 =       <!--Label below area_label (optional)-->
|area_data2 =        <!--Text after area_label2 (optional)-->
|population_estimate = 6,502,859
|population_estimate_rank =  
|population_estimate_year = 2025
|population_census =  
|population_census_year =  
|population_density_km2 =
|population_density_sq_mi =
|population_density_rank =
|nummembers =        <!--An alternative to population for micronation-->
|GDP_PPP =            <!--(Gross Domestic Product from Purchasing Power Parity)-->
|GDP_PPP_rank =
|GDP_PPP_year =
|GDP_PPP_per_capita =
|GDP_PPP_per_capita_rank =
|GDP_nominal = $204,202,778,318
|GDP_nominal_rank =
|GDP_nominal_year =
|GDP_nominal_per_capita = $31,402
|GDP_nominal_per_capita_rank =
|Gini =              <!--(Gini measure of income inequality; input number only; valid values are between 0 and 100)-->
|Gini_ref =          <!--(for any ref/s to associate with Gini number)-->
|Gini_rank =
|Gini_year =
|HDI_year =          <!-- Please use the year to which the data refers, not the publication year-->
|HDI =                <!--(Human Development Index; input number only; valid values are between 0 and 1)-->
|HDI_change =         <!--increase/decrease/steady; rank change from previous year-->
|HDI_rank =
|HDI_ref =            <!--(for any ref/s to associate with HDI number)-->
|currency =          
|currency_code =      <!--ISO 4217 code/s for currency/ies (each usually three capital letters)-->
|time_zone =         <!--e.g. GMT, PST, AST, etc, etc (wikilinked if possible)-->
|utc_offset =         <!--in the form "+N", where N is number of hours offset-->
|time_zone_DST =     <!--Link to DST (Daylight Saving Time) used, otherwise leave empty-->
|utc_offset_DST =     <!--in the form "+N", where N is number of hours offset-->
|DST_note =           <!--Optional note regarding DST use-->
|antipodes =         <!--Place/s exactly on the opposite side of the world to country/territory-->
|date_format =       <!--all-numeric date format and era, such as [[Common Era|CE]], [[Anno Domini|AD]], [[Hijri year|AH]], etc.; e.g. {{abbr|yyyy|year}}-{{abbr|mm|month}}-{{abbr|dd|day}} ([[Anno Domini|AD]]) -->
|electricity =       <!--e.g. "230 V–50 Hz"-->
|drives_on =         <!--"right" or "left" (side of road)-->
|cctld =             <!--Internet country code top-level domain identifier (e.g. [[.br]], [[.de]], etc)
|iso3166code =       <!--ISO code only; no extra text. Use to override default from common_name parameter above; omit using "omit".-->
|calling_code =       <!--e.g. [[+1]], [[+531]], [[+44]], etc-->
|patron_saint =       <!--Use patron_saints for multiple-->
|image_map3 =         <!--Optional third map position, e.g. for use with reference to footnotes below it-->
|alt_map3 =           <!--alt text for third map position-->
|footnote_a =        <!--For any footnote <sup>a</sup> used above-->
|footnote_b =        <!--For any footnote <sup>b</sup> used above-->
<!--......-->
|footnote_h =        <!--For any footnote <sup>h</sup> used above-->
|footnotes =         <!--For any generic non-numbered footnotes-->
}}
}}


The '''Republic of New Archduchy''' is a country in [[Crona]]. Tracing its foundations to a wave of [[Urcea|Urcean]] colonization in southeastern [[Crona]] during the 17th century, New Archduchy gradually became the lone remnant of [[Urcean people|Urcean]] culture in the region as a result of the rising fortunes of nearby [[Coscivian]] colonies. Gradually developing a strong economy and political life, New Archduchy underwent significant changes in the late 19th century. Chafing from administrative centralizations during the reign of [[Aedanicus VIII]], fissures grew between Urcea and the colony. The [[Red Interregnum]] gave the country the pretext to declare independence in 1890, and two years later the Republic was formally established under a new constitution. New Archduchy's transition to independence and democracy have been mostly perceived as smooth and the country's independence was recognized by [[Urcea]] in [[1902]].
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 the 20th century, New Archduchy became a well-used neutral refueling station along the [[Odoneru]], leading to significant economic development and a focus on mercantile interests. It maintained neutrality during the [[Second Great War]], though it served as a waystation for covert operatives and weapons smuggling for both sides of the war. During the latter half of the 20th century the nation remained neutral during the [[Occidental Cold War]] and became a popular {{wp|tax haven}} and tourist destination, greatly enhancing the nation's wealth. The country is characterized by a deep religious faith, like [[Urcea]], as well as considerable economic inequality, especially between the primarily urban Levantine-descendant majority and the primarily rural indigenous minority groups.
 
==Etymology==
New Archduchy is named for the [[Archduchy of Urceopolis]], one of the constituent parts of the [[Apostolic Kingdom of Urcea]]. It is unusual among Urcean colonies for being named for a type of the constituent entity rather than the place name, but historians believe the reference to the Archduchy was intended to confer prestige to what was once a thriving mercantile colony.
 
==Geography==
New Archduchy is a crescent shaped nation on the western shores of the [[Odoneru Ocean]]. The central geographic feature of the nation is Adrian's Bay, the center part of the "crescent" which provides a natural harbor. Due to [[Prevailing Winds|prevailing winds]], travel to the harbor in the age of sail was relatively easy, making New Archduchy a viable port and allowing for a mercantile economy. The climate is {{wp|Temperate climate|temperate}}, with relatively cold winters and warm summers. The small interior part of the country in the northwest is considered good for agriculture.
==History==
===Exploration and settlement===
New Archduchy was one of the first locations in [[Crona]] explored by [[Levantia|Levantine]] sailors, as its natural harbor and the direction of [[Prevailing Winds|prevailing winds]] made it an easy place to reach and to lay anchor. The area was referred to as the "Bay of Sorrows" during the late 16th and 17th centuries due to the many shipwrecks and abandoned vessels that blew into the harbor, and modern scholars believe that hundreds of years worth of {{wp|flotsam}} strewn the shore from various eras during the first recorded entry to the bay in the 16th century. Many of the wrecked ships and driftwood were used by [[Occidental]] explorers to build temporary shelter for various exploration and inland trading missions. [[Urcea]] was the first to attempt to settle the bay, establishing the colony of Adriansville in 1606 and again in 1618 when the initial population died of starvation. Expanding outward from the bay, several other colonial settlements were erected. The land had been nominally tributary to the realm of [[Titechaxha]] historically, but existed on the far southern periphery of their lands. In [[1623]], the territory was purchased by an exchange for a hundred {{wp|wheellock}} guns.
 
===Colonial era===
During the 17th century, the fledgling colonies in modern New Archduchy were used by [[Urcea]] as a base from which its later [[Julian Belt]] colonies were established. Traffic in and out of Adriansville was significant, and the colony was briefly the most busy port in [[Crona]] outside of [[Varshan]] until cities in [[the Cape]] became more prominent later in the century. In 1690, the colonies in the region were reorganized as the Rectory of New Archduchy and given a formal colonial charter governing the area. The prominent former [[Gassavelian people|Gassavelian]] rebel and [[History_of_Urcea_(1575-1798)#Gassavelian_integration_and_uprising|pretender Arses]] was appointed the colony's first Rector, and held that position until his death in 1704. During that time, Arses brought on many of his former chief lieutenants during the rebellion to serve as colonial officials and advisors, and most contemporaries report a fair and competent administration during this time. Arses's time as Rector introduced some Gassavelian cultural hallmarks to New Archduchy, greatly influencing its modern cuisine. Remembered as a hero to the Gassavelian people, Arses died and was buried in New Archduchy in 1704 and is remembered by residents of the country as a wise leader who left his mark on the colony. Post-independence hagiographies of Arses published in New Archduchy in the early 20th century suggested the nation's independent heritage traced itself to Arses's rebellious nature and influence, although most modern historians suggest Arses was loyal to [[Urcea]] during his time as Rector. Despite this, Arses is viewed by most Newarcs as one of the country's {{wp|founding fathers}}. Several of Arses's lieutenants would succeed him as Rector, leading to a string of [[Gassavelian people]] serving in that role until [[1754]]. During that time, the Gassavelian administrators continued the cultural influences introduced during Arses's time as Rector.
 
In 1844, New Archduchy was invaded by [[Aciria]] during the [[Cholera Expedition]], a failed campaign wherein the Acirians were ejected from the territory in three months following significant casualties due to disease.
 
===Independence===
The Rectory of New Archduchy, like its mother country, flourished economically and culturally during the 19th century period known as the [[Aedanicad]]. New Archduchy imported many of Urcea's contemporary [[Arts_and_literature_of_Urcea#Romanticism|artistic]], [[Arts_and_literature_of_Urcea#Architecture|architectural]], and literary developments during this time, and many of these were iterated into new variations reflecting New Archduchy's colonial nature. Particularly, Urcea's focus on the [[Urcean frontier|frontier]] translated well to colonial New Archduchy, with the colony creating its own variety of [[Arts_and_literature_of_Urcea#Frontier_literature|frontier literature]] towards the end of the 19th century. Economically, New Archduchy became a vital coaling station with the rise of steam-powered transports, and Adriansville developed from a small port and fishing town to a major international port by 1860. The population of the colony tripled between 1810 and 1850, and New Archduchy began to develop its own cultural and societal norms apart from the developments in [[Urcea]]. Efforts to centralize overseas colonial authority in the 1850s lead to significant resentment between the colonial population and Urcea, and the matter was dropped by 1860.
 
The people of the colony began to chafe under the [[History_of_Urcea_(1798-1902)#Rise_of_the_Rifled_State|growing military influence in Urcea]], as military officials began to gradually replace civilian administrators beginning in the early 1870s. The [[Kingdom_of_Crotona#Reform_efforts_and_Valerian_Rebellion|Valerian Rebellion]] in Urcea's territory of [[Crotona]], though not directly related to military rule, nonetheless lead to significant unrest in the colony, and by 1880 the Rights Reestablishment League (RRL) formed in New Archduchy in protest of the increasing militarization. While the RRL initially opposed independence and instead sought, in their words, a restoration of the traditional [[Constitution of Urcea]] in Urcea and in the colony. Following several demonstrations by the RRL between 1880 and 1884, the government of Urcea loosened military authority in the territory - many historians believe this was under the direct influence of [[Apostolic King of Urcea|Apostolic King]] [[Aedanicus VIII]] himself, making it one of the last personal acts he committed within the Urcean government. A civilian administrator was sent in 1884 and the traditional rectory was largely reestablished although military rule continued to entrench itself in [[Urcea]]. In [[1886]], the Urcean General [[Gréagóir FitzRex]] became [[Procurator]], formalizing military control over the government. The RRL renewed its organization efforts to remain prepared, but no military administrator came. In late December [[1889]], King Aedanicus died and FitzRex took his place as [[History_of_Urcea_(1798-1902)#Crown_Regency|Crown Regent]], promising to crown a new Apostolic King at a later time. The RRL began to make mass demonstrations in Adriansville and throughout the rectory, and beginning in February 1890 most civil officials within the rectory, be they Levantine or New Archduchy-born, declared they would not recognize the Crown Regent. The RRL reformed as the National League of Crona, taking its name from a similar, [[Paulastra#National_League_of_Crona_and_independence|earlier Paulastran institution]], and now included many public officials within the colony. The situation escalated significantly in June 1890 as a military administrator from [[Urcea]] arrived in Adriansville harbor and was refused entry into the port. A warning shot from the harbor defenses eventually directed the ship back to Urcea, essentially putting the colony in a state of open rebellion. The sitting Rector, Enni Renzo, reiterated his loyalty to Urcea but also his responsibility to the people of the rectory and that he would lead them through the crisis despite any consequences he might face in Urcea. With the colonial administration now fully aligned with the National League of Crona, New Archduchy formally submitted a petition to Urcea demanding a series of autonomous rights and restoration of constituional government. The petition was declined and a second military administrator was sent in early August with a small flotilla, but this force too was easily repulsed by the harbor defenses.  


With Urcea sending armed ships to force its will on New Archduchy, the public attitude had shifted fully in favor of independence. On 9 August 1890, the Rectory of New Archduchy issued a unilateral declaration of independence, which cited its chartered status as a "crown colony", and as there was no current Apostolic King, its allegiance and ties to the Urcean crown were now defunct. The document also listed many of the recent violations of the colony's rights and privileges, and provided that it hoped for amicable relations with Urcea once constitutional government had been restored. The document was issued by the National League of Crona, but was signed by Renzo as his last official act as Rector. He handed power to the Chair of the National League of Crona, Michael Ailio, on 10 August 1890. Renzo would later comment that, while the loss of the colony was regrettable, its people had "retained the sense of traditional governance that had unfortunately been forgotten in Levantia; they retained the true Urcean spirit." Rector Enni Renzo was {{wp|proscribed}} in Urcea and remained in New Archduchy until he received a pardon upon the [[History_of_Urcea_(1902-1955)#Restoration|restoration]], returning home in [[1903]]. As for the declaration of independence, it was quickly recognized by most major powers but not by Urcea, though Urcea had little naval capacity to launch a serious campaign against its former colony. In the same proclamation he used to pardon Renzo, the newly restored [[Patrick III of Urcea|Apostolic King Patrick III]] recognized New Archduchy's independence in early [[1903]].
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.
===Constitution and the Ailio Regency===
Ailio and the National League of Crona established a provisional government following the declaration of independence, receiving civil authority over the Rectory on 10 August 1890. The new provisional government immediately called for elections for a constitutional convention, with elections taking place on 1 September 1890 and the convention convening on 1 October 1890. In the elections, the National League won the vast majority of the seats, and without a major opposition party, its members decided to ban political parties within the new constitution, a prohibition that continues through today. The constitutional convention completed its work on 17 Jan 1892 following a year and a half of proceedings. The resulting Constitution of 1892 somewhat closely mirrors the unwritten [[Constitution of Urcea]] with some simplifications and incorporation of local practice and custom. The Constitution took effect six months after the closing of the convention on 17 July 1892. Elections were held on 1 July 1892 for a provisional term until the 1895 regularly scheduled election. On 17 July, all new officers were sworn in; the Common Council sat for the first time, and Ailio - elected as Popular Regent for the remaining three years - began to establish the nation's foreign relations in conjunction with the Chancellor and New Archducal government. The 1895 Elections gave Ailio a full term as Popular Regent. Ailio would complete his term on 31 December 1920; during that period, he lead the nation through neutrality in the [[First Great War]] and gradual reestablishment of relations with [[Urcea]]. During the Ailio Regency (1892-1920), New Archduchy continued to grow; as a neutral port on the Odoneru, it was a natural coaling location and would also harbor financial interests from around the world. During the 1910s, increasingly more commerce-minded members of the Common Council were elected, and by the end of Ailio's regency the nation's guild system was abolished in [[1920]]. Historians believe the abolition of the guilds set New Archduchy down its historical path of income inequality, but in the 1920s it had the intended effect of loosening the labor market and making the new nation more competitive.


During the Ailio Regency, efforts were made to incorporate the indigienous population of the Republic into national society. These peoples lived in the periphery of the country and were deeply integrated with the Greater Adriansville economy, but were otherwise not politically enfranchised and continued to practice a number of local religions, including an [[Arzalism|Arzalist]] minority. Universal suffrage was implemented in 1908 in part to incorporate these people. As civil rights expanded, so did forced social integration; the Republic established a mandatory residential school system for indigenous peoples in [[1911]]. The schools, operated by a partnership of the government and [[Catholic Church]], failed to destroy local cultural identity or customs, but did have the effect of converting the majority of indigineous people to Catholicism by [[1930]]. The abolition of the guild system allowed greater workforce integration for indigneous peoples of New Archduchy due to discriminatory practices that existed within both the labor and capital portions of the guilds, but also allowed for greater labor exploitation of these peoples. As a result, by [[1935]], most of the low wage jobs in Adriansville were given to indigneous peoples regardless of education.
== Economic Sectors ==
=== Agriculture ===


===Golden age of Odoneru commerce===
=== Mining ===
Loosening regulations in the [[1920]]s and general peace created the "golden age of Odoneru commerce" as understood within New Archduchy; this period between 1920 and the beginning of the [[Second Great War]] in [[1934]] was the greatest period of economic growth in the history of New Archduchy. As commerce and traffic across the Odoneru grew, New Archduchy became one of the premier coaling and fueling stations in the world. The Republic became a major {{wp|tax haven}} for individuals across the [[Occident]]. Due to the wealth that began to be accumulated in the Republic, major improvements were made to Adriansville's streets, roads, and buildings, making the city accessible for tourists. New Archduchy became a major site of [[Caphiria]]n tourism during the interwar period, as it allowed Caphirian tourists to experience a variation on [[Urcean people|Urcean]]-descended culture and cuisine. Travel to Urcea had been banned and engaging with Urceans or Urcean culture incurred significant cultural stigma due to the notion of [[Levantine Creep]], and neutral New Archduchy made these things accessible to Caphirians without the legal sanction or social repercussions.
[[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.


New Archduchy became a major travel destination during the "golden age", not only for tourists but also as the primary port for ocean liners full of people bound for [[Arcerion]]. The construction of the first railroad line between Arcerion and Adriansville in [[1905]]-[[1907]] had dividends for New Archduchy's economy, as by [[1930]] it surpassed all Arcer ports for both import and export business heading to or originating in Arcerion. New Archduchy and Arcerion signed the Commerce Enhancement Agreement in 1913 which significantly slashed customs and dues for Arcerion business coming through New Archduchy, but the considerable volume of business still created massive revenues for the Republic.
=== Manufacturing ===


===Second Great War and Occidental Cold War===
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.


===Modern period===
=== Construction ===


==Government==
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.
New Archduchy is a {{wp|unitary republic|unitary}}, {{wp|parliamentary republic}} governed by the Constitution of 1892, which establishes a {{wp|unicameral}} legislature, the 134-seat Common Council, lead by the Chancellor of the Common Council who serves as the {{wp|head of government}} of New Archduchy. The Common Council is elected every five years in years ending with "0" and "5" and are apportioned every ten years. The Common Council is largely modeled after the [[Urcea|Urcean]] [[Concilium Daoni]], and is elected from single member constituencies. Unlike [[Urcea]], political parties are not represented in any government capacity, cannot endorse members of the Council, and members of the Council are legally prohibited from organizing along party lines. Political parties can be organized and can endorse candidates on the local level, however, and the government of New Archduchy effectively assumes a partisan nature despite constitutional prohibitions against partisanship.


Limited executive powers are invested in the Popular Regent, an officer who holds the responsibility of {{wp|head of state}} but holds little administrative responsibility. The Popular Regent, who serves as the embodiment of national sovereignty on behalf of the people of the Republic, serves a single twenty-five year term. Elections for the office are non-partisan and held either at the end of the term of the previous occupant or upon the death of the previous occupant. Accordingly, elections for the office do not take place at fixed increments. The office of Popular Regent is open to any baptized [[Catholic Church|Catholic]] over the age of forty.
=== Energy & Other Utilities ===


==Culture==
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.
New Archduchy draws cultural traditions from many [[Occidental]] sources including its neighbors and indigenous peoples as well as from [[Urcea]] which established the New Archduchy colony. A majority of people in New Archduchy are descendants of [[Urcean people|Urcean settlers]] and speak [[Julian Ænglish]], though several other settler groups from South [[Levantia]] - including [[Derian people|Derians]], [[Caenish people|Caens]], and [[Carnish people]] - participated in the colonization of the region. New Archduchy also has considerable [[Coscivian]] influences from historic [[Kiravia|Kiravian]] cultural and geopolitical involvement in the region as well as from nearby [[Paulastra]].


New Archduchy's early colonial administration was made up of many [[Gassavelian people]], and their cultural legacy is still visible in New Archduchy today, especially with respect to the country's cuisine.
=== Banking & Finance ===


The indigenous peoples of New Archduchy, closely related to the people of [[Titechaxha]], have long influenced New Archducal society through the dual means of cuisine and music. Self-identified indigenous people comprise about eighteen percent of the Republic's population.


The [[Catholic Church]] plays a prominent role in the lives of the residents of New Archduchy and serves as the overwhelming religion of the residents of the Republic, both those of indigenous and Levantine origin. Catholic practices exist at all levels of society and feature prominently within popular culture. Religious observances, like in [[Urcea]], form the bulk of the country's holidays. The Church has a less pronounced influence on public affairs than in many [[Levantia|Levantine]] countries but Catholic morality remains a bedrock of public discourse.


Many sports popular in [[Sarpedon]] are popular in New Archduchy, with [[World Association Football Federation|association football]] being the most popular sport in the country.
=== Gambling ===


== Demographics ==
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.


=== Linguistic Demographics ===
== Trade & Foreign investment ==
=== Foreign Trade ===


=== Religious Demographics ===
=== Free Trade ===


==Economy==
=== Foreign Debt, Aid, and Investment ===
New Archduchy is characterized as having one of the least regulated economies in the world and serves as a popular {{wp|tax haven}} for [[Levantia|Levantine]], [[Sarpedon|Sarpedonian]], and [[Crona|Cronan]] nations. Its economy is characterized by tourism, an emergent technology services sector, and maritime trade, with fishing also serving as a major industry. The Republic has very well developed transportation infrastructure including modern ports. Much of its energy comes from offshore renewables, an industry which sprung up in the Republic during the late 1990s.


Adriansville is the economic center of New Archduchy, and most of the nation's economy is either driven by that city or exists as housing and infrastructure in service of the city.
== Labor Market ==
=== Unionization ===


New Archduchy initially had a [[Guilds (Urcea)|guild system]] similar to [[Urcea]], but it was gradually weakened under the 1892 Constitution before its abolition in [[1920]].
=== Wages ===


==Military==
=== Labor Export ===
The Republic of New Archduchy has a three branch military force, called the New Archducal National Defense Force (NANDF); the Republican Army, the Republican Navy, and the Republican Air Force. The military is relatively small with an active personnel size of 35,582 as of 2026. The NANDF is equipped with largely modern equipment acquired from [[Arcerion]] as well as major military powers from [[Sarpedon]] and [[Levantia]].


Every male between the ages of 18 and 35 in the Republic are required to do one year's reserve service, which entails operations and training regularly scheduled every other weekend (excluding holidays) as well as random readiness tests and formation training. Following their active reserve year, men are required to take one hundred hours of remedial training every other year until age 50. In the event of war, the NANDF has a registry of current and former reservists with men automatically assigned to what is referred to as "readiness brigades", brigade-level formations that largely only exist on paper during peacetime. Most readiness brigades are homeland reserve defense units comprised of men over the age of 30, but a small number of the brigades are intended for seamless integration within the regular armed forces. Assignment to a readiness brigade is largely dependent upon the age and tested aptitude skill of the reservist.
=== Welfare ===


[[Category: Crona]]
== Enviornmental Damages ==
[[Category: Urcea]]
[[Category: IXWB]]
[[Category: Countries]]
[[Category: 2022 NPC Contest]]
[[Category:2022 Award winning pages]]

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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