Kasmiyland: Difference between revisions

== Economy ==

Kasmiyland is in the top 5 richest countries in Yasteria in terms of GDP per capita and a high standard of living is experienced by its citizens. Kasmiyland is an export-oriented mixed economy. Timber, hydropower and iron ore constitute the resource base of an economy with a heavy emphasis on foreign trade. Kasmiyland engineering sector accounts for 43% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Kasmiyland is the 7th-largest arms exporter in the world. Agriculture accounts for 4% of GDP and employment. The country ranks among the highest for telephone and Internet access penetration.

Trade unions, employers' associations and collective agreements cover a large share of the employees in Kasmiyland. The high coverage of collective agreements is achieved despite the absence of state mechanisms extending collective agreements to whole industries or sectors. Both the prominent role of collective bargaining and the way in which the high rate of coverage is achieved reflect the dominance of self-regulation over state regulation in Kasmiyland industrial relations.

In terms of structure, the Kasmiyland economy is characterized by a large, knowledge-intensive and export-oriented manufacturing sector; an increasing, but comparatively small, business service sector; and by international standards, a large public service sector. Large organisations, both in manufacturing and services, dominate the Kasmiy economy. High and medium-high technology manufacturing accounts for 12.4% of GDP.

=== Energy ===

Kasmiyland energy market is largely privatized. The Nordic energy market is one of the first liberalized energy markets in Yateria. In 2019, out of a total electricity production of 139 TWh, electricity from hydropower accounted for (50%), and nuclear power delivered (35%). At the same time, the use of biofuels, peat etc. produced (10%) of electricity, while wind power produced (5%). Biomass is mainly used to produce heat for district heating and central heating and industry processes.

Politicians have made announcements about oil phase-out in Kasmiyland, decrease of nuclear power, and multibillion-dollar investments in renewable energy and energy efficiency. The country has for many years pursued a strategy of indirect taxation as an instrument of environmental policy, including energy taxes in general and carbon dioxide taxes in particular.

=== Transport ===

Kasmiyland 142,320 mi of paved road and 5,212 mi of expressways. New motorways are still under construction and a new motorway from Crania to Kasmiyland was finished on in march.

The Valmae metro is one of 3 underground system in Kasmiyland and serves the city of Valmae via 311 stations. The rail transport market is privatized, but while there are many privately owned enterprises, the largest operators are still owned by state. The counties have financing, ticket and marketing responsibility for local trains. For other trains the operators handle tickets and marketing themselves.