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Economy of Pelaxia: Difference between revisions
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===Agriculture=== | ===Agriculture=== | ||
In Pelaxia, the large majority of farms are in western Pelaxia. Agricultural goods represent 12% of all palmerian exports. During the late 1990’s, the Meireles administration implemented a set of policies that addressed food security on federal, state and municipal levels, the aim of which was to increase federal government support to [https://en.wikipedia.org/wiki/Agricultural%20cooperative collective farms]. These policies were deepened during the Meireles administration and consolidated after the Pelaxian Revolution in 2006. In 2007, the Secretary of Social Agrarian Development (SSAD) was created to support cooperative farms and promote land reform and sustainable land development. A host of government policies and government-supported programs in the interest of cooperative farmers then emerged, where the cooperative farm is recognized as a pillar of national development. Since then, the SSAD along with other institutions were created with the cooperative farmers and other traditional communities' interests in mind where policies targeting cooperative farmers were designed to introduce market incentives, promote adequate food distribution and provide technical assistance. The principal agricultural products of Pelaxia are cattle, coffee, cotton, corn, rice, soy, wheat, sugarcane, tobacco, beans, floriculture and fruit. | In Pelaxia, the large majority of farms are in western Pelaxia. Agricultural goods represent 12% of all palmerian exports. During the late 1990’s, the Meireles administration implemented a set of policies that addressed food security on federal, state and municipal levels, the aim of which was to increase federal government support to [https://en.wikipedia.org/wiki/Agricultural%20cooperative collective farms]. These policies were deepened during the Meireles administration and consolidated after the Pelaxian Revolution in 2006. In 2007, the Secretary of Social Agrarian Development (SSAD) was created to support cooperative farms and promote land reform and sustainable land development. A host of government policies and government-supported programs in the interest of cooperative farmers then emerged, where the cooperative farm is recognized as a pillar of national development. Since then, the SSAD along with other institutions were created with the cooperative farmers and other traditional communities' interests in mind where policies targeting cooperative farmers were designed to introduce market incentives, promote adequate food distribution and provide technical assistance. The principal agricultural products of Pelaxia are cattle, coffee, cotton, corn, rice, soy, wheat, sugarcane, tobacco, beans, floriculture and fruit. | ||
Palm oil production holds significant importance within the Pelaxian agricultural sector, serving as a key economic driver and contributing to the nation's export revenue. Pelaxia's tropical climate and fertile lands provide optimal conditions for cultivating oil palm trees, making it one of the leading producers of palm oil in the region. The cultivation and processing of palm oil not only generate employment opportunities for rural communities but also contribute substantially to the country's Gross Domestic Product (GDP). | |||
However, the expansion of palm oil plantations in Pelaxia has raised concerns regarding its impact on urban development and biodiversity. The rapid conversion of forested areas into palm oil plantations has led to deforestation and habitat loss, resulting in the displacement of indigenous flora and fauna. Moreover, the encroachment of palm oil plantations into ecologically sensitive regions has escalated conflicts over land use and exacerbated environmental degradation. As urban areas expand to accommodate population growth and industrialization, the demand for land suitable for palm oil cultivation intensifies, further exacerbating the pressure on natural ecosystems. Striking a balance between economic development and environmental conservation remains a pressing challenge for Pelaxia as it seeks to sustainably manage its palm oil industry while preserving biodiversity and mitigating the adverse impacts of urbanization. | |||
===Oil=== | ===Oil=== | ||
Since the discovery of [[Kindred Sea]] oil in Pelaxian waters during the early 1960’s, exports of oil and gas have become very important elements of the economy of Pelaxia. With oil production peaking, disagreements over exploration for oil in the Kindred Sea, the prospect of exploration in the main land, as well as growing international concern over global warming, energy in Pelaxia is currently receiving close attention. This abundant amount of natural resources within Pelaxia, has given the country lucrative revenue. Crude oil and natural gas accounted for 20% of the country's total export value in 2027. As a share of GDP, the export of oil and natural gas is approximately 11%. | Since the discovery of [[Kindred Sea]] oil in Pelaxian waters during the early 1960’s, exports of oil and gas have become very important elements of the economy of Pelaxia. With oil production peaking, disagreements over exploration for oil in the Kindred Sea, the prospect of exploration in the main land, as well as growing international concern over global warming, energy in Pelaxia is currently receiving close attention. This abundant amount of natural resources within Pelaxia, has given the country lucrative revenue. Crude oil and natural gas accounted for 20% of the country's total export value in 2027. As a share of GDP, the export of oil and natural gas is approximately 11%. | ||