Difference between revisions of "Biotopia Economy"

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The Biotopian economy is sometimes described as a post-[[Wikipedia:socialist|socialist]] economic system. [[Wikipedia:capitalism|capitalism]] is constitutionally prohibited however some characteristics considered synonymous with capitalism are still prevalent such as the term “[[Wikipedia:private_enterprise|private enterprise]]” as well as the engagement of international trade, a non-government banking sector and the reduced presence of government enterprises in the economy. An important aspect of the Biotopian economy is the emphasis placed on provincial level economy management and key-sector self-sufficiency and sustainability.
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{| border=1 cellspacing=0  cellpadding=4 width=300 style="float:right; border:1px solid gray; border-collapse:collapse; font-size:90%; margin:0 0 .5em 1em;"
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!align="center" bgcolor="lightblue" colspan="3"|<big>Economy of the Sixth Republic of Biotopia</big>
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|-
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!align="left" valign="top"|Currency
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|colspan="2" valign="top"|1 Vello (v) = 100 ek (e)
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|-
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!align="left" valign="top"|Fiscal year
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|colspan="2" valign="top"|calendar year
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|-
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!align="left" valign="top"|Trade organizations
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|colspan="2" valign="top"|[[IFTA]] and [[ACA]]
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|-
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!align="center" bgcolor="lightblue" colspan="3"|Statistics
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|-
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!align="left" valign="top"|[[Wikipedia:Gross domestic product|GDP]] ranking
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|colspan="2" valign="top"| 12th in region as of {{CURRENTYEAR}}
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|-
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!align="left" valign="top"|GDP PPP
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|colspan="2" valign="top"|V 1.6 trillion ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|GDP growth rate
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|colspan="2" valign="top"|1.0% ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|GDP per capita
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|colspan="2" valign="top"|V 35,300 ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|GDP by sector
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|colspan="2" valign="top"|agriculture (5.2%), industry (31.5%), services (63.3%) (2004)
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|-
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!align="left" valign="top"|[[Inflation]] rate
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|colspan="2" valign="top"|1.9% (2005)
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|-
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!align="left" valign="top"|Pop below [[poverty line]]
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|colspan="2" valign="top"|N/A
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|-
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!align="left" valign="top"|Labour force
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|colspan="2" valign="top"|28.43m ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|Labour force by occupation
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|colspan="2" valign="top"|services (64%), industry (33%), agriculture (3%) (2002)
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|-
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!align="left" valign="top"|[[Unemployment]]
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|colspan="2" valign="top"|3.0% ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|Main industries
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|colspan="2" valign="top"|[[Wikipedia:beverages|beverages]], [[Wikipedia:chemicals|chemicals]], [[Wikipedia:food processing|food processing]], [[Wikipedia:glass|glass]], [[Wikipedia:information technology|information technology]], [[Wikipedia:metals|metals]], [[Wikipedia:ship building|shipbuilding]] and [[Wikipedia:textiles|textiles]]
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|-
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!align="center" bgcolor="lightblue" colspan="3"|Trading partners
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|-
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!align="left" valign="top"|Exports
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|colspan="2" valign="top"|V 1.86bn ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|Main partners
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|colspan="2" valign="top"|N/A
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|-
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!align="left" valign="top"|Imports
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|colspan="2" valign="top"|V 1.89bn ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|Main partners
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|colspan="2" valign="top"|N/A
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|-
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!align="center" bgcolor="lightblue" colspan="3"|Public finances
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|-
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!align="left" valign="top"|Public debt
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|colspan="2" valign="top"|V 36.8bn ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|External debt
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|colspan="2" valign="top"|V 180.3bn ({{CURRENTYEAR}})
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|-
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!align="left" valign="top"|Economic aid
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|colspan="2" valign="top"|V 1.5bn ({{CURRENTYEAR}})
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|}
  
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:'''GDP'''
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[[Biotopia]] is one of the 15 largest economies in the region by [[Wikipedia:GDP|GDP]] and sustains a high standard of living. Biotopia is a ratified member of the [[IFTA|International Fair trade Agreement]] as well as a member of the [[anticapitalist alliance|anti-capitalist alliance]] and the [[United Nations]]. The economy is sometimes described as an [[Wikipedia:environmental economics|eco-socialist]], [[Wikipedia:communism|post-socialist]] or more traditionally a [[Wikipedia:social democracy|liberal socialist system]].
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::Gross GDP: $1.6 trillion
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::GDP per Capita:$36,150
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:'''GDP Real Growth Rate'''
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The four cornerstones of the Biotopian economy are the constitutional prohibition of [[Wikipedia:capitalism|capitalism]], provincial self-sufficiency, modernisation and environmental sustainability. Biotopia supports an export-orientated agricultural sector, diversified industrial base a highly educated population and a developed national infrastructure network. Manufacturing exports and the service industry have become an increasingly important aspect of sustaining the economic status que. The government has initiated policies aimed at linking environmental sustainability with economic development with success.
  
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::0.9%
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==Economic Structure==
  
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:'''GDP Composition by Sector'''
 
  
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::Agriculture: 12%
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==Agriculture==
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::Industry: 30%
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::Services: 58%
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:'''Inflation Rate'''
 
  
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::2.3%
 
  
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:'''Labor Force'''
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==Industry==
  
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::34,401,000
 
  
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:'''Labor Force by Occupation'''
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==Services==
  
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::'''Industry''': 29%
 
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::'''Services''': 63%
 
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::'''Agriculture''': 8%
 
  
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:'''Unemployment Rate'''
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==Exports==
  
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::3.23%
 
  
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:'''Industries'''
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==Imports==
  
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::agricultural machinery, automobile & transport assembly, banking, ceramics, chemicals, construction, finance & insurance, electronics, information technology, food processing, metallurgy, mining, optics, paper & pulp, pharmaceuticals, photovoltaic cells, precision engineering, publishing & media, shipping, software design, textiles
 
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:'''Electricity Production by Source'''
 
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::Fossil Fuels: 46%
 
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::Nuclear: 0%
 
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::Geo/Hydro: 14.5%
 
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::Bio/Solar/Wind: 39.5% 
 
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:'''Agriculture Products'''
 
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::alcohol, cereal grains, citrus, dairy, potatoes, soya, stone fruit, llama, hemp, timber, tobacco, rice, root vegetables, seafood, vegetables, wine, wool
 
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:'''Export Commodities'''
 
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::agricultural machinery, ceramics, chemicals, electronics, financial services, optics, photovoltaic cells, processed foodstuffs, processed metals, publishing & media, shipping & transport, seafood, software, timber
 
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:'''Export Partners'''
 
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:: N/A
 
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:'''Import Commodities'''
 
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::automobile & transport components, exotic foodstuffs, footwear, gold, industrial machinery components, media & entertainment, petrochemicals, retail goods, rubber, silver, textiles
 
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:'''Import Partners'''
 
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::N/A
 
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::Biotopia has one of the largest economies in the [[Anticapitalist Alliance|Anti-Capitalist Alliance]] ranking in the top 15 by comparative size and with the 12th highest GDP per capita at $36,118. Unemployment has remained consistently low between 3.25% - 2.80%. In {{CURRENTYEAR}} Biotopia was ranked in the 14th percentile place for the highest tax average. High taxation is used to fund extensive [[Wikipedia:Public services|public services]]. The government has significant control of the infrastructure sectors and the “commanding heights” of the economy. The Biotopian economy has traditionally operated along a [[Wikipedia:Markest Socialism|liberal socialist]] model. Biotopia operates a modest trade deficit and has zero nett foreign debt.
 
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'''Exports''' ''Urtakt''
 
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::Biotopia is a nett exporter of processed foodstuffs and energy.
 
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*[[Wikipedia:Chemical substance|Chemicals]]
 
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*[[Wikipedia:Information technology|Information technology]]
 
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*[[Wikipedia:Banking|International finance]]
 
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*[[Wikipedia:Food industry|Foodstuffs]]
 
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*[[Wikipedia:Sustainable energy|energy sources]]
 
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*[[WikipediaTextiles|Textiles]]
 
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'''Imports''' ''Medakt''
 
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*[[Wikipedia:Chemical substance|Chemicals]]
 
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*[[Wikipedia:Metal|Metals]]
 
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*[[Wikipedia:Petrochemicals|Petrochemicals]]
 
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*[[Wikipedia:Retail|retail goods]]
 
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*[[WikipediaTextiles|Textiles]]
 
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*[[Wikipedia:Machine|Heavy Machinery]]
 
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'''Agriculture''' ''Somrest''
 
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::The size and diversity of Biotopia has allowed for a broad range of agricultural activities to be conducted. The utilisation of modern agricultural practices and restructuring the market system has improved productivity. Each province is required to produce a minimum [[Wikipedia:Quota|quota]] of its total annual nutritional requirements. This has limited potential earnings from domestic sales for many farmers making exporting the only profitable alternative. Agriculture employs around 8 of the labour force and contributes 12% of the GDP.
 
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'''Modernisation''' ''Demakall''
 
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::Modernising the Biotopian economy has been the key in improving the standard of living and economic productivity. The most successful of these innovations has been the information technology sector which has grown 600% since the modernisation program was introduced. Modernisation has also meant the diversification of exports, value-adding initiatives and the application of innovation at all levels of production and distribution.
 
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'''Energy Policy''' ''Jumer Klata''
 
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::Sustainable energy has been applied throughout Biotopia and is used primarily to supply domestic demand with fossil fuels, geothermic and hydropower supplying industrial demand and the requirements for peak-load electricity. Fossil Fuels continue to be phased out and Biotopia has a leading sustainable energy sector. Fossil Fuels are planned to be reduced to 33% by 2020. Their use is offset by mass-plantings to ensure carbon-neutrality.
 
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*Fossil Fuels 46%
 
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*Nuclear 0%
 
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*Geo/Hydro 14.5%
 
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*Bio/Solar/Aero 39.5%
 
  
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==Economic Relations==
  
  
 
[[Category:Economy]]
 
[[Category:Economy]]
 
[[Category:Biotopia]]
 
[[Category:Biotopia]]

Revision as of 06:20, 9 June 2006

Economy of the Sixth Republic of Biotopia
Currency 1 Vello (v) = 100 ek (e)
Fiscal year calendar year
Trade organizations IFTA and ACA
Statistics
GDP ranking 12th in region as of 2024
GDP PPP V 1.6 trillion (2024)
GDP growth rate 1.0% (2024)
GDP per capita V 35,300 (2024)
GDP by sector agriculture (5.2%), industry (31.5%), services (63.3%) (2004)
Inflation rate 1.9% (2005)
Pop below poverty line N/A
Labour force 28.43m (2024)
Labour force by occupation services (64%), industry (33%), agriculture (3%) (2002)
Unemployment 3.0% (2024)
Main industries beverages, chemicals, food processing, glass, information technology, metals, shipbuilding and textiles
Trading partners
Exports V 1.86bn (2024)
Main partners N/A
Imports V 1.89bn (2024)
Main partners N/A
Public finances
Public debt V 36.8bn (2024)
External debt V 180.3bn (2024)
Economic aid V 1.5bn (2024)

Biotopia is one of the 15 largest economies in the region by GDP and sustains a high standard of living. Biotopia is a ratified member of the International Fair trade Agreement as well as a member of the anti-capitalist alliance and the United Nations. The economy is sometimes described as an eco-socialist, post-socialist or more traditionally a liberal socialist system.

The four cornerstones of the Biotopian economy are the constitutional prohibition of capitalism, provincial self-sufficiency, modernisation and environmental sustainability. Biotopia supports an export-orientated agricultural sector, diversified industrial base a highly educated population and a developed national infrastructure network. Manufacturing exports and the service industry have become an increasingly important aspect of sustaining the economic status que. The government has initiated policies aimed at linking environmental sustainability with economic development with success.

Economic Structure

Agriculture

Industry

Services

Exports

Imports

Economic Relations

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