Seneca Islands: Difference between revisions

The economy of the Seneca Islands is considered to be {{wp|developing economy|developing}}. Prior to the Final War of the Deluge, the Senecas were among the most prosperous parts of [[Varshan]], with a modern shipbuilding sector serving as the impetus for a large urban service sector and adjacent industries. However, the normal effects of war - disruption of trade and economic activity, bombing, military needs outstripping civilian market needs - combined with the [[Atomic bombing of Zakan Rot|atomic bombing of Zakan Rot]] led to the complete implosion of the Senecas economy between [[2020]] and [[2024]]. Virtually all productive service sector firms closed after the bombing, either due to significant loss of assets or because of lack of customers. Between [[2022]] and [[2024]], most large scale economic activity virtually ceased during the occupation, and most economic interactions took the form of barter exchanges. In 2022 and every year thereafter until about [[2032]], the Seneca Islands were the largest recipient of Urcean aid per capita of any location in the world, as most food as well as finished goods needed to be imported to the islands until [[2026]]. As Nysdra-region and Varshani agriculture began to rebound in the late 2020s, Urcea offered a limited time economic incentive to the residents of the islands, allowing them to exchange [[Ratzas]] for [[Taler]]s at a 10-to-1 exchange, far more generous than the 70-to-1 exchanged pre-war and the 500-to-1 exchanged post war. This cash infusion, combined with improving economic climate elsewhere, began a Seneca rebound. The significant remilitarization of the island and reconstruction of port infrastructure in support of the [[Royal Navy (Urcea)|Royal Navy]] allowed the urban economy to resume its pre-war function, albeit on a much smaller scale. By [[2034]], the islands had recovered to roughly 60% of their pre-war territorial domestic product.