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Burgundie: Difference between revisions
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==Economy== | ==Economy== | ||
Burgundie is a | Burgundie is a founding member of a number of global the League of Nations, World Bank, International Monetary Fund, World Health Organization, World Trade Organization, International Maritime Organization, World Food Program, International Red Cross, and other international organizations. Burgundie is a highly developed country, with a GDP of $19.1 trillion and a GDPPC of $50,170. It accounts for approximately a 47% of the world’s maritime shipping traffic which has made the country rich. However, since it lacks a diverse native manufacturing base it is susceptible to fluctuations in the global markets. | ||
Burgundie is the world's largest importer operating on a massive trade deficit that it offsets with its taxes on the shipping industry as well an aggressive international loan policy. Burgundie ranks among the highest nations in several measures of socioeconomic performance, including average wage, human development, per capita GDP, and productivity per person. | |||
Burgundie is a highly developed, {{wpl|post-industrial}}, {{wpl|Tertiary sector of the economy|agro}}-{{wpl|Tertiary sector of the economy|services}} economy. Services, particularly maritime logistics, medical, and education make us the largest sector of financial activity. However, {{wpl|Agribusiness}} constitute the largest sector by number of employee. Based in the [[Latinic]] concept of {{wpl|latifundium}}, and later colonial {{wpl|patroon}}ships, large-scale, commercial agriculture is cornerstone of the Burgoignesc economic engine both in the [[Burgoignesc Metropole]] and its overseas territories. | |||
The public sector | |||
===Econonmic history=== | |||
During the 17th and 18th century, due to the technological explosion of the {{wpl|Renaissance|Late Renaissance}}, later {{wpl|Enlightenment}}, and its resulting [[Burgoignesc Colonial Empire|colonial empire]], Burgundie had a preeminent role in the global economy, accounting for 5.1% of the world's GDP in [[1770]]. The loss of much of its [[Burgoignesc Colonial Empire|colonial empire]], lagging behind in the adoption of industrialization in the 19th century, and the cost of fighting both the [[First Great War|First]] and [[Second Great War]]s as well as [[Operation Kipling]] further weakened Burgundie's relative position in the 20th century. Despite a relative decline in its global dominance, in the 21st century Burgundie retains the ability to project significant power and influence around the world. | |||
In the 18th century, Burgundie was among the first nations to industrialise. | |||
==History== | ==History== | ||