Quetzenkel: Difference between revisions

Quetzenkel is a {{Wp|developing country}} that has seen exponential economic growth during the 21st century, mostly as the result of significant foreign investment as well as some homegrown development fueled by foreign development aid. In 2030, the country's GDP PC was $16,189, becoming one of the more developed large countries in the [[Nysdra Sea]] area. The country has undergone significant urbanization since [[2016]] with the massive expansion of the service sector in Akwesasne and the construction sector elsewhere, as former provincial backwaters are transforming into major urban centers. Many of Quetzenkel's cities are now home to regional headquarters of Urcean corporations (leading to a considerable number of affluent foreigners in Akwesasne) as well as the small but emergent domestic corporate sector, both of which are fuelling rapid growth in the service sector and cultural amenities. Significant parts of the country have seen new improvements to infrastructure and the construction of high-speed rail, which links the growing cities. Prior to [[2016]], agricultural pursuits were the primary economic activity in Quetzenkel, and it remains an important part of the economy.

Quetzenkel is an important global source of {{wp|potash}}. Potash mining in the Quetzen interior has been important since the industrial revolution began in the [[Occident]], though the quality of Quetzen mines was generally poor and most efforts of exploitation were short-term efforts by Occidental speculators. Since the influx of foreign capital beginning in 2016, potash mining in Quetzenkel has been significantly modernized. Foreign technical experts have gradually been replaced by a cohort of indigenous experts in the [[2030]]s.

 

Quetzenkel is characterized by a slowly emergent middle class, particularly among well educated Quetzen people within the country's major cities. The University of Akwesasne is the primary large educational center within the country, though a large number of upper-middle class and affluent Quetzen youth instead travel abroad to study, particularly at universities in [[New Harren]]. The economic transformation in the 21st century has lifted significant amounts of Quetzen people out of poverty. In [[2000]], about 60.5% of Quetzeni lived below the recognized national poverty line, with rural poverty rates standing at about 77.9% and urban rates at about 27.5%. Unemployment and underemployment in urban areas were serious problems. Between [[2016]] and [[2020]], Quetzenkel's economy was primarily reliant on foreign aid from Urcea, which it used to jumpstart the now prosperous construction sector with the myriad of infrastructure programs that began during that timeframe.