Economic Profiles

Each member of the OTO is encouraged (not necessary - but helpful) to post an "Economic Profile", preferably close to the following format. Feel free to edit as economies change all the time (and tax rates for that matter!). The more our member-states know about potential trading partners, the better trade policies we can create!.

REMINDER: You only need post if you are a willing member of the OTO.

Economic History:
 
During socialist rule as the People’s Republic of Nayrin, the primary products of Nayrin were concerned with stabilizing the transport sector (train parts, automobiles) and agrarian/fishing development (tractors, shipbuilding). Nayrin’s socialist regime existed in a state of economic isolation and did not import goods, choosing to promote a five-year (later fifteen-year) industrialization plan. Attempts to also maintain heavy defense spending at the cost of social welfare and scientific advancements resulted in a complete meltdown of the economy.
 
Following major reform through the "The Great Restructuring" and "The New Path of Openness", the socialist government fell – giving way to a flood of private industry and significant market freedom in Nayrin. Since, government regulation in the economy is measured – Nayrin’s car industry is still largely protected by subsidization but weapons contracts and many other industries lie within the hands of private contractors. With market freedom and an end to tyrannical government, internet freedom has drawn significant investment and talent to Nayrin’s now impressive Information Technology sector.
 
Oil has been a long exported commodity of Nayrin’s deserts, with the state moving towards more sustainable energy (via windmills and solar power).
 
Major Industries: Information Technology, Weapons, Gambling
Tax Rate: Progressive, Averages at 49%
Imports: Plutonium, steel, rubber
Exports: Computer software, arms, automobiles, oil
Currency: Som (Domestic) Oriental Yuan (Regional)

Economic Profile-
Under the Empire of Kyongdong the economy was mainly based on the whims of foreign powers, who dominated the industry via superior military (mainly naval power) as Kyongdong was at that time a strategic naval port, the envy of the other Oriental nations. Upon independence after a communist revolt the nation has expanded and begun to rely mainly on itself, exporting more than it imports. The major industry is Transport, with railways crisscrossing the nation. The main hotspot of industry is in the capitol of Shu with a map provided below of the major sectors that dominate the city.

The rest of the nation is rich in Fishing, lumber and natural resources such as rubber, bananas and iron. The nation controls a key trading area and gains some economic strength from a tourist industry, mostly Sonacan and Nayrinese visitors to the tropical islands.

Major Industries: Banking, Transport
Tax Rate: 43%
Imports: Unprocessed Materials
Exports: Weaponry, Iron, Lumber, Rubber
Currency: Som

Map of Shu:

Orange=Industrial Sectors, The Areas which are merely thin lines are shipyards, (weaponry, processed goods, automobiles etc.)
Cyan=Fishing
Blue=Development (Scientific Labs, etc.)
Green=Housing
Yellow=Banking

Economic Profile-
In the Satsuma Domain the economy is largely internalized, producing largely what residents need. Lush forests and farms produce large quantities of food and with a focus on need before want, much of the economic needs are satisfied without need for import.  Satsuma largely exports fine weaponry (craftsmen made swords, guns) and food stuffs.
 
Satsuma's business community is comprised of several companies who petition the government for certain contracts to produce and are in turn given free reign over that sector.
 
Satsuma is currently undergoing massive industrial reform and building a stronger military. Thus steel, oil and uranium remain the bulk of imports.
 
Major Industries: Banking, Transport
Tax Rate: Flat, 16%
Imports: Crude Oil, steel, uranium
Exports: Weaponry, foodstuffs.
Currency: Yen (Domestic) Oriental Yuan (Regional)

Economic Profile-

Ile-St Jean's economy has been home to a vibrant private sector, though a significant portion of the state's wealth comes from raw material extraction (oil & uranium). Recently, with a demand for more military modernization and a desire to acheive closer economic ties within the Orient, Ile St-Jean has joined the OTO to harmonize their economy with neighbors.


Major Industries: Uranium Mining, oil agriculture
Tax Rate: Flat, 14%
Imports: Steel, weaponry
Exports: Uranium, oil, foodstuffs.
Currency: Franc (Domestic) Oriental Yuan (Regional)

Economic Profile-
Great Churubusco exists as the world's last thriving city-state. Due to this, it takes alot of taxes to have armed forces to protect itself from larger empires. Great Churubusco has a very high fair tax. And every three years, each citizen pays 10% of their income that year on a day known as Pig Smashing Day, in honor of all the piggy-banks broken into. Most of the state's wealth comes from tourism, and agriculture. Natural resources include, Silk, Cotton, and Wheat. Farmed animals include, Cows, Pigs, and Turtles.

Major Industries: Tourism, Agriculture
Tax Rate: Fair, 60%
Imports: Firearms, Technology
Exports: Cotton, Silk, Wheat
Currency: Shell

Economic Profile-

Colonial Annam is a rising market economy. Though a bustling private sector of business exists in the city centres of Annam, much of the country is dedicated to raw material extraction. Annam provides the Orient with rare and exotic foods - the Annam Duck remains a prized dish for foreigners. Annam hopes to draw tourists into their country and develop a strong business community in time.

Major Industries: Agriculture, Minerals, Lumber
Tax Rate: Flat, 11%
Imports: Firearms, Technology, Oil
Exports: Foodstuffs, Minerals, Lumber
Currency: Piastre