Packilvania: Difference between revisions

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| caption2 = Yushiv Coal Mine, Wala, [[Ashura]], is the largest coal mine in Packilvania and one of the largest in the world

| image2 = Packilvanian Coal Mine.jpg

| caption1 = ~~The~~ ~~city~~ of ~~Bingol,~~ the ~~economic~~ ~~hub~~ ~~and~~ ~~largest city of~~ ~~Packilvania~~

| caption1 = A banknote of the [[Packilvanian dinar]] with 48 dinars.

| alt1 =

| image1 = Packilvanian dinar banknote 48.png

| image1 = 171207142711-star-wars-architecture-naboo-theed-palace.jpg

| total_width = 400

| img_gap = 20

}}

After the [[Packilvanian Communist Party]] under the leadership of [[Gideon Muktan]] took over Packilvania from the [[Demirite dynasty]] under Sultana [[Zerah Demir IV]] in 1918, the economy of Packilvania was restructured a state-run command economy based in part on the ideology and writings of [[Nikobar Luden]]. The government controlled most of the economy, owned most of the land, set all the prices and wages, and limited private ownership and entrepreneurship. The [[w:Communism|communist]] government limited imports of foreign goods and a large black market emerged.

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The government felt that Packilvania was losing ground in research and development and gradually began to transition the country from an export-oriented low-cost manufacturing hub to a consumption-led high-value added manufacturing and services hub. The country is gradually and steadily moving in this direction. Although raw materials, foodstuffs and fossil fuels as well as low cost manufactured and semi-manufactured goods continue to make up about half of export value, the exportation of higher value goods such as chemicals, pharmaceuticals, electronics, and industrial machinery have grown to make up the other half of exports.

In 2023, Packilvania has a [[w:GDP (nominal)|nominal GDP]] per capita of 10,700 KRB which was 9,500 [[Kirib|KRB]] in 2022. In 2023, Packilvania has a nominal GDP of 12.53 trillion [[Kirib|KRB]] which grew by 12% from 11.19 trillion KRB in 2022. {{As of|2022|12|31}}, Packilvania is the [[List of countries by ~~nominal~~ GDP|3rd largest economy]] in the world after [[Great Morstaybishlia]] and [[South Hills]].

In 2023, Packilvania has a [[w:GDP (nominal)|nominal GDP]] per capita of 10,700 KRB which was 9,500 [[Kirib|KRB]] in 2022. In 2023, Packilvania has a nominal GDP of 12.53 trillion [[Kirib|KRB]] which grew by 12% from 11.19 trillion KRB in 2022. {{As of|2022|12|31}}, Packilvania is the [[List of countries by GDP (nominal)|3rd largest economy]] in the world after [[Great Morstaybishlia]] and [[South Hills]]. The country is a developing nation that is characterised by the [[Auroran Monetary Fund]] as an emerging market and middle-income economy. It is the largest developing country by GDP in the world. It is the largest economy in the world by [[W:Purchase power parity|purchase power parity]] due to the low cost of comparable goods and services relative to wealthier foreign markets.

In 2023, unemployment rate is 12% down from 14%. The [[w:Labour participation|labor participation rate]] declined from 93% to 91% as more people between 18 and 15 remained in the education system instead of going to work. In Packilvania, people are allowed to work starting at the age of 15. In 2022, the government introduced laws that limited the types of jobs that people between the age of 15 and 18 could do. The country has increased the proportion of is population with a formal education by rates of 15% to 18% annually. When coupled with a hardworking and highly energetic and youthful population, the country is set to experience a substantial population dividend over the next 10 years.

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The services sector has grown to make up over half of the economy. This includes internet services, telecommunications, media and entertainment, finance, tourism and consulting. The manufacturing sector makes up about two fifths of the economy. This includes consumer goods, consumer electronics, industrial machinery, steel, chemicals, cement, pharmaceuticals and armaments. The mining sector makes up about 8% of the economy and produces oil, coal, natural gas, ferrous metals, rare earth metals, precious metals, quarried stone and precious, construction sand and semi-precious stones. Agriculture makes up about 2% of the economy and produces rice, meat, wine, tropical fruits and crops, animal feed, fish, and lumber.

There are some industries that the country is a leading producer of that it is not proud of. It is a leading producer of illegal intoxicating substances and counterfeit goods. The country is one of the last in history to ban bonded labour. Bonded Labour was a system whereby heavily indebted people could enter into contracts whereby their labour was exploited by the creditor. This policy was formalised by the [[DRONE policy]] with a view to granting people some protections and enabling debt relief through bonded labour but the policy tarnished the country’s image and the government eventually disbanded the policy in the 2010s.

There are some industries that the country is a leading producer of that it is not proud of. It is a leading producer of illegal intoxicating substances and counterfeit goods. The country is one of the last in history to ban bonded labour. Bonded Labour was a system whereby heavily indebted people could enter into contracts whereby their labour was exploited by the creditor. This policy was formalised by the [[Pax Drone|DRONE policy]] with a view to granting people some protections and enabling debt relief through bonded labour but the policy tarnished the country’s image and the government eventually disbanded the policy in the 2010s.

The country has produced some of the largest companies in the world. This is usually because industries are highly consolidated under a oligopology. The largest four banks in the country are the [[Industrial and Commercial Bank of Packilvania]] (the largest bank in the world by total assets under management), [[Agricultural Bank of Packilvania]], the [[Export-Import Bank of Packilvania]] and the [[Packilvanian Development Bank]]. The country is also home to arguably the largest energy company in the world, the [[Packilvanian Coal and Gas Corporation]], and one of the largest engineering firms in the world, the [[Packilvanian Steel and Construction Corporation]]. Other than these predominantly state-owned entities, there are large private companies such as [[Chatter]] (one of the largest mobile communications companies), [[Buddy]] (one of the largest taxi hailing and food delivery applications), and [[Debby]] (one of the largest mobile payment companies).

The country's largest sources of imports and exports are the [[United Nations of the Auroran Continent]] (especially [[Great Morstaybishlia]]), [[League of Novaris]], [[Union of Commonwealth Alliances]], [[Peregrinia]], [[Vekaiyu]] and [[Volkia]]. Packilvania imports a lot of manufactured goods from foreign nations especially high-end luxury goods, foodstuffs, automobiles, aircraft, semi-conductors and scientific equipment, refrigeration equipment, chemicals and medical equipment.

The country's largest sources of imports and exports are the [[United Nations of the Auroran Continent]] (especially [[Great Morstaybishlia]]), [[League of Novaris]], [[Union of Commonwealth Alliances]], [[Peregrinia]], [[Vekaiyu]] and [[Volkia]]. Packilvania imports a lot of manufactured goods from foreign nations especially high-end luxury goods, foodstuffs, automobiles, aircraft, semi-conductors and scientific equipment, refrigeration equipment, chemicals and medical equipment. The country maintains trade agreements such as the [[Commercial Cooperation Partnership]] with the League of Novaris.

The country has maintained a substantial trade surplus over the past 30 years compared to its trade partners as such it has raised over 2 trillion KRB of foreign exchange and gold reserves. Coupled with control over the exchange rate of the national legal tender, [[Packilvanian dinar]], and control of capital movement, Packilvania has achieved monetary independence. The government struggles with tax collection and relies on substantial borrowing as such the country has over 7 trillion KRB in public debt and over 5 trillion KRB in private debt, over 80% of which is owed to domestic lenders. The country attracts 500 billion KRB of foreign direct investment annually and it in turn invests over 400 billion KRB abroad.

The country has maintained a substantial trade surplus over the past 30 years compared to its trade partners as such it has raised over 2 trillion KRB of [[W:Foreign exchange reserves|foreign exchange and gold reserves]]. Coupled with [[W:Managed float exchange rate|control over the exchange rate]] of the national legal tender, [[Packilvanian dinar]], and control of capital movement, Packilvania has achieved monetary independence. The government struggles with tax collection and relies on substantial borrowing as such the country has over 7 trillion KRB in public debt and over 5 trillion KRB in private debt, over 80% of which is owed to domestic lenders. The country attracts 500 billion KRB of foreign direct investment annually and it in turn invests over 400 billion KRB abroad.

===Infrastructure and energy===

Infrastructure in Packilvania is administered largely by the [[Administrative divisions of Packilvania|provincial and local governments]] under the national government via the Ministers of Housing and Urban Development, Mining and Energy, and Transport in the [[Council of Ministers of Packilvania]]. When the [[Bedonite dynasty]] took over from the [[Packilvanian Communist Party]] they continued and amplified the reliance on infrastructure and real estate expenditure to encourage economic growth.

@@ Line 264: / Line 264: @@
 | caption2 = Yushiv Coal Mine, Wala, [[Ashura]], is the largest coal mine in Packilvania and one of the largest in the world
 | image2 = Packilvanian Coal Mine.jpg
-| caption1 = The city of Bingol, the economic hub and largest city of Packilvania
+| caption1 = A banknote of the [[Packilvanian dinar]] with 48 dinars.
 | alt1 =
+| image1 = Packilvanian dinar banknote 48.png
-| image1 = 171207142711-star-wars-architecture-naboo-theed-palace.jpg
 | total_width = 400
 | img_gap = 20
 }}
 After the [[Packilvanian Communist Party]] under the leadership of [[Gideon Muktan]] took over Packilvania from the [[Demirite dynasty]] under Sultana [[Zerah Demir IV]] in 1918, the economy of Packilvania was restructured a state-run command economy based in part on the ideology and writings of [[Nikobar Luden]]. The government controlled most of the economy, owned most of the land, set all the prices and wages, and limited private ownership and entrepreneurship. The [[w:Communism|communist]] government limited imports of foreign goods and a large black market emerged.
@@ Line 278: / Line 279: @@
 The government felt that Packilvania was losing ground in research and development and gradually began to transition the country from an export-oriented low-cost manufacturing hub to a consumption-led high-value added manufacturing and services hub. The country is gradually and steadily moving in this direction. Although raw materials, foodstuffs and fossil fuels as well as low cost manufactured and semi-manufactured goods continue to make up about half of export value, the exportation of higher value goods such as chemicals, pharmaceuticals, electronics, and industrial machinery have grown to make up the other half of exports.
-In 2023, Packilvania has a [[w:GDP (nominal)|nominal GDP]] per capita of 10,700 KRB which was 9,500 [[Kirib|KRB]] in 2022. In 2023, Packilvania has a nominal GDP of 12.53 trillion [[Kirib|KRB]] which grew by 12% from 11.19 trillion KRB in 2022. {{As of|2022|12|31}}, Packilvania is the [[List of countries by nominal GDP|3rd largest economy]] in the world after [[Great Morstaybishlia]] and [[South Hills]].
+In 2023, Packilvania has a [[w:GDP (nominal)|nominal GDP]] per capita of 10,700 KRB which was 9,500 [[Kirib|KRB]] in 2022. In 2023, Packilvania has a nominal GDP of 12.53 trillion [[Kirib|KRB]] which grew by 12% from 11.19 trillion KRB in 2022. {{As of|2022|12|31}}, Packilvania is the [[List of countries by GDP (nominal)|3rd largest economy]] in the world after [[Great Morstaybishlia]] and [[South Hills]]. The country is a developing nation that is characterised by the [[Auroran Monetary Fund]] as an emerging market and middle-income economy. It is the largest developing country by GDP in the world. It is the largest economy in the world by [[W:Purchase power parity|purchase power parity]] due to the low cost of comparable goods and services relative to wealthier foreign markets.
 In 2023, unemployment rate is 12% down from 14%. The [[w:Labour participation|labor participation rate]] declined from 93% to 91% as more people between 18 and 15 remained in the education system instead of going to work. In Packilvania, people are allowed to work starting at the age of 15. In 2022, the government introduced laws that limited the types of jobs that people between the age of 15 and 18 could do. The country has increased the proportion of is population with a formal education by rates of 15% to 18% annually. When coupled with a hardworking and highly energetic and youthful population, the country is set to experience a substantial population dividend over the next 10 years.
@@ Line 284: / Line 285: @@
 The services sector has grown to make up over half of the economy. This includes internet services, telecommunications, media and entertainment, finance, tourism and consulting. The manufacturing sector makes up about two fifths of the economy. This includes consumer goods, consumer electronics, industrial machinery, steel, chemicals, cement, pharmaceuticals and armaments. The mining sector makes up about 8% of the economy and produces oil, coal, natural gas, ferrous metals, rare earth metals, precious metals, quarried stone and precious, construction sand and semi-precious stones. Agriculture makes up about 2% of the economy and produces rice, meat, wine, tropical fruits and crops, animal feed, fish, and lumber.
-There are some industries that the country is a leading producer of that it is not proud of. It is a leading producer of illegal intoxicating substances and counterfeit goods. The country is one of the last in history to ban bonded labour. Bonded Labour was a system whereby heavily indebted people could enter into contracts whereby their labour was exploited by the creditor. This policy was formalised by the [[DRONE policy]] with a view to granting people some protections and enabling debt relief through bonded labour but the policy tarnished the country’s image and the government eventually disbanded the policy in the 2010s.
+There are some industries that the country is a leading producer of that it is not proud of. It is a leading producer of illegal intoxicating substances and counterfeit goods. The country is one of the last in history to ban bonded labour. Bonded Labour was a system whereby heavily indebted people could enter into contracts whereby their labour was exploited by the creditor. This policy was formalised by the [[Pax Drone|DRONE policy]] with a view to granting people some protections and enabling debt relief through bonded labour but the policy tarnished the country’s image and the government eventually disbanded the policy in the 2010s.
 The country has produced some of the largest companies in the world. This is usually because industries are highly consolidated under a oligopology. The largest four banks in the country are the [[Industrial and Commercial Bank of Packilvania]] (the largest bank in the world by total assets under management), [[Agricultural Bank of Packilvania]], the [[Export-Import Bank of Packilvania]] and the [[Packilvanian Development Bank]]. The country is also home to arguably the largest energy company in the world, the [[Packilvanian Coal and Gas Corporation]], and one of the largest engineering firms in the world, the [[Packilvanian Steel and Construction Corporation]]. Other than these predominantly state-owned entities, there are large private companies such as [[Chatter]] (one of the largest mobile communications companies), [[Buddy]] (one of the largest taxi hailing and food delivery applications), and [[Debby]] (one of the largest mobile payment companies).
-The country's largest sources of imports and exports are the [[United Nations of the Auroran Continent]] (especially [[Great Morstaybishlia]]), [[League of Novaris]], [[Union of Commonwealth Alliances]], [[Peregrinia]], [[Vekaiyu]] and [[Volkia]]. Packilvania imports a lot of manufactured goods from foreign nations especially high-end luxury goods, foodstuffs, automobiles, aircraft, semi-conductors and scientific equipment, refrigeration equipment, chemicals and medical equipment.
+The country's largest sources of imports and exports are the [[United Nations of the Auroran Continent]] (especially [[Great Morstaybishlia]]), [[League of Novaris]], [[Union of Commonwealth Alliances]], [[Peregrinia]], [[Vekaiyu]] and [[Volkia]]. Packilvania imports a lot of manufactured goods from foreign nations especially high-end luxury goods, foodstuffs, automobiles, aircraft, semi-conductors and scientific equipment, refrigeration equipment, chemicals and medical equipment. The country maintains trade agreements such as the [[Commercial Cooperation Partnership]] with the League of Novaris.
-The country has maintained a substantial trade surplus over the past 30 years compared to its trade partners as such it has raised over 2 trillion KRB of foreign exchange and gold reserves. Coupled with control over the exchange rate of the national legal tender, [[Packilvanian dinar]], and control of capital movement, Packilvania has achieved monetary independence. The government struggles with tax collection and relies on substantial borrowing as such the country has over 7 trillion KRB in public debt and over 5 trillion KRB in private debt, over 80% of which is owed to domestic lenders. The country attracts 500 billion KRB of foreign direct investment annually and it in turn invests over 400 billion KRB abroad.
+The country has maintained a substantial trade surplus over the past 30 years compared to its trade partners as such it has raised over 2 trillion KRB of [[W:Foreign exchange reserves|foreign exchange and gold reserves]]. Coupled with [[W:Managed float exchange rate|control over the exchange rate]] of the national legal tender, [[Packilvanian dinar]], and control of capital movement, Packilvania has achieved monetary independence. The government struggles with tax collection and relies on substantial borrowing as such the country has over 7 trillion KRB in public debt and over 5 trillion KRB in private debt, over 80% of which is owed to domestic lenders. The country attracts 500 billion KRB of foreign direct investment annually and it in turn invests over 400 billion KRB abroad.
 ===Infrastructure and energy===
 Infrastructure in Packilvania is administered largely by the [[Administrative divisions of Packilvania|provincial and local governments]] under the national government via the Ministers of Housing and Urban Development, Mining and Energy, and Transport in the [[Council of Ministers of Packilvania]]. When the [[Bedonite dynasty]] took over from the [[Packilvanian Communist Party]] they continued and amplified the reliance on infrastructure and real estate expenditure to encourage economic growth.

Packilvania: Difference between revisions

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