The Oan Isles: Difference between revisions
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== Economy == |
== Economy == |
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[[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]] |
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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 480 billion KRB (600 billion KRB in PPP terms). With a nominal GDP per capita of 40,000 KRB (PPP GDP per capita of 50,000 KRB), the Oan Isles is considered a post-industrial highly developed upper income economy. After the annexation of the Kohatu Isles and the discovery of fossil fuels, the Oan economy has grown at an average rate of 6% annually, among the highest in the region. |
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 480 billion KRB (600 billion KRB in PPP terms). With a nominal GDP per capita of 40,000 KRB (PPP GDP per capita of 50,000 KRB), the Oan Isles is considered a post-industrial highly developed upper income economy. After the annexation of the Kohatu Isles and the discovery of fossil fuels, the Oan economy has grown at an average rate of 6% annually, among the highest in the region. |
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