Aerigian Economy and Commerce

From NSwiki, the NationStates encyclopedia.
Jump to: navigation, search

Aerigia's economy is export-led and oriented. Highly dependent on international trade, the many corporations and firms of the Federal Republic trade within the Heartland as well as with the entire world at large. With a pro-business attitude, government-industry cooperation helped sparked the Aerigian economy since the late 1960s. In addition, a strong work ethic and a mastery of high technology, helped propel Aerigia to the most technologically-powerful and largest economy in the Heartland.

One notable characteristic of the economy is the cooperation of manufacturers, suppliers, and distributors with the extensive use of Just-in-Time supply chain management systems. Pivate individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. Business firms enjoy considerably great flexibility in decisions to expand capital plant, to lay off surplus workers, and to develop new products.

Aerigian firms are at or near the forefront in the latesttechnological advances, especially in computers, electronics, robotics as well as in in medical, aerospace, and military equipment. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. The government is taking measures to correct this by a progressive and comprehensive educational and enrichment program.

The Federal Republic's major trading partners within The Heartland include Grays Harbor, Ineptia, Liverpool England, Nastic and Los Paises Lejanos. Outside of the Heartland, the majority Aerigia's main trading partners are member of the World Business Organization, and includes Der Angst, Lavenrunz, Menelmacar and Kyleria.