The Oan Isles: Difference between revisions
→Economy: Changed GDP and GDP per capita.
(Changed intro) |
(→Economy: Changed GDP and GDP per capita.) Tags: Mobile edit Mobile web edit |
||
Line 200:
{{Main|Economy of the Oan Isles}}
[[File:Infrastructure of the Oan Isles.png|thumb|'''Clockwise:''' the largest and busiest container port - Port of Tauranga a te Toka - and the central business district in the background, the largest and busiest airport - Tokapa International Airport, the Waikato Hydroelectric Dam, the Kokorutaone Nuclear Power Plant, Tokapa to Tauranga a te Toka Magnetic Levitation Train, one of the Anapa Public Electric Buses]]
The economic system of the Oan Isles takes place in the framework of a mixed economy. While the government intervenes in the economy through high tax rates, a wide social safety net and private sector regulation, private property is respect and the factors of production are controlled through free market forces. Total economic output stands at a nominal GDP of
The economy maintains a substantial annual balance of payments account of 5 billion KRB. Prior to the discovery of fossil fuels, the debt to GDP ratio was high, but has now declined. With stable accounts and prudent financial management, the economy is a net lender and major exporter of goods and services. The country's biggest exports are fossil fuels, lumber, fish, high value-added manufactured goods like military hardware, optic fibres and semi-conductors. With only a quarter of the land being arable, the country is a net importer of food and its major imports include raw materials and motor vehicles. As an export driven market, its largest trade partners are in [[Aurora]] and to a lesser extent [[Novaris]] and Concord. As a developed economy, the service sector makes up a substantial share of economic output, with financial services, information technology services, tourism and transshipment being the largest components.
The Oan Isles is home to many large multi-national corporations such as [[Oan Airways]], [[Metatron Corporation]], [[Cafe Net]], and [[Standard National Bank]]. It is also the regional headquarters of large international companies such as Guildhall (known as ''Gildezaal'' in Vistari is a massive retailer and subsidiary of [[INTCO]] from [[Vistaraland]]). It is also the seat of the [[Auroran Monetary Fund]].
=== Infrastructure ===
|