Economy of Constancia
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| Currency: | Imperial Stater ($) |
| GDP: | TBC $ |
| GDP by Sector: |
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| Industries: |
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| Major Industry (% of GDP): | Military (TBC %) |
| Largest Company (Value): | ESB Euran Directorate (TBC $) |
| Labour Force (% of Total Population): | 4,740,865 (TBC %) |
| Labour Force by Sector: |
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| Unemployed (% of Total Population): | TBC (TBC %) |
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| Budget: | TBC $ |
| Budget Surplus or Deficit: | TBC $ |
| Inflation Rate: | |
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| Exports: | Gemstones (formerly), artisanal soap, salt, sand, sponges, fish (fresh, salted, dried) and fishery products, uranium (formerly), Nivardom marble, expatriate and migrant workers, Aqaba shore tar-naphtha, scrap-metal |
| Export Partners: | Natopia, Shireroth , Kalgachia |
| Imports: | Grain, machinery, chemicals, natural gas, steel, alloys, vehicles, medicine, weaponry |
| Import Partners: | Natopia, Shireroth, |
| Reserves of Foreign Currency: | |
The economy of Constancia is, perhaps barring that of internationally sanctioned Floria, the single most heavily regressed of all surviving nations impacted by the consequences of the War of Lost Brothers and its global aftermath. As such Constancia is one of the few countries of Micras to have gone from a developed to developing economy in the lifetime of its citizens, a consequence of abandoning the former national capital, Vey, and its surrounding agricultural hinterland on the shores of Lake Erik, as the land was rendered uninhabitable during the course of another continent wide conflagration. The evacuations represented catastrophic losses of infrastructure, investments, and population, with more than two million perished and almost a further million unaccounted for. Complete dissolution was only averted by the plunder taken from Iteru, political union with Raspur, and the re-consolidation of the state around the Gulf of Aqaba - sustaining the nation by affording access to the fleets of the Raspur Pact. The Constancian is heavily reliant upon state aid from the allied powers (Natopia and Shireroth), mostly received in the form of material transfers made via the allied theatre command; a fact which has led hostile powers, such as Jingdao to characterise Constancia as being little more than a Shirerithian colony - a claim furiously rejected by its inhabitants.
History
Inter-war period
The economy of Constancia is geared heavily towards reconstruction in the wake of two devastating Euran conflicts and the general dislocation in global trade occasioned by the Alexandrian Flu, War of Lost Brothers, the White Plague, and the consolidation of a hostile and invasive Bassarid polity along the shores of the Sea of Storms.
The major problem at the onset of Primo de Aguilar's ascension to the Autokratocracy was Constancian access to credit, particularly in light of the economic losses suffered in the course of the Euran war. The Free and Associative Kingdom at the time utilised a free currency regime, had minimal tax revenue that accrued to the national government (although all real property was legally held in chief by the Basileus), and had major development needs. By adopting a policy of "Semi- State Capitalism" / "Coordinated Capitalism" combined with a top-down system of "National-Democracy", the Constancian regime sought to create conditions conducive for attracting inward investment by the powerful multinational corporations - such as the ESB Group, Iron Company, and SATCo - which were perceived as the underpinning of the economic system of the SANE (later Raspur Pact) alliance.
The intention of stimulating investment into Constancia also centred around a policy of economic liberalisation with the goal of making the economy more market and service-oriented, stimulating private investment and economic participation by the Euran populace.
These intentions were however widely criticised at the time for seemingly quickly degenerating into a form of crony capitalism wherein government ministers, the Autokrator, and even the royal family themselves, were perceived to be engaged in a monumental programme of self-enrichment through a series of convoluted stock issuances, asset swaps, and buy-outs, most of which seemed to involve, at some point or another, the ESB Group and its Euran or Keltian subsidiaries. All of this occurring while productivity stagnated and the tenuous democratic norms established after the first Euran War were increasingly flouted. The consequence of which would be a reckoning not long in coming for the Primokratíc regime.
Second Euran War: collapse and dislocation
Reconstruction period: the Aqaba-Nivardom axis
Primary sector
Agriculture and fishery
| Name | Owner | Activity |
|---|---|---|
| . | . | . |
Secondary sector
Construction
Mining
Re-Industrialisation
Tertiary sector
Maritime industry
Transportation
Education
Infrastructure
A survey conducted by General Service Corps commissary agent Kalkul Sahib in early spring 1670 confirmed the following items of infrastructure, variously in public or aligned corporate ownership, as remaining intact and operable following the Second Euran War:
- Aqaba - temple, market place, city walls, aqueduct, Ziggurat, stadium, factory, harbour, port facility, airport
- ESB Cantonment - temple, market place, library, city walls, bank, Ziggurat, university, stadium, harbour
- Astérapolis - palace, temple, market place, library, city walls aqueduct, Ziggurat, stadium, sewer system
- Badehshahr - temple, market place, library, city walls, Ziggurat, harbour
- Bandar-e Saghi - temple, marketplace, library, court house, city walls (partially constructed), Ziggurat (partially constructed), harbour
- Cario - temple, market place, library, city walls, stadium, harbour, airport, port facility
- Ithonion - city walls, Ziggurat, harbour, airport, port facility (famine)
- Mehrshahr - courthouse, aqueduct, Ziggurat, stadium, harbour, lighthouse, grand library
- Nissus - city walls, Ziggurat
- Nivardom - city walls, Ziggurat, harbour (famine)
- Trans-Euran Cantonment - marketplace, library, city walls, SAM missile battery (sans missiles), airport, police station
- Níso Aigón - city walls, Ziggurat (ex-Babkhan MilZig, ruined), harbour
- Raspur - court house, city walls, bank, stock exchange, airport, Upper and Lower Ziggurats (famine)
- Shâhibâgh - courthouse, city walls, Ziggurat, harbour
- Aqaba Province - n/a (famine)
- Mitra Province - n/a
- Nivardom Province - n/a
- Varaz Province - marketplace (famine)
Fiscal situation
| Financial Year | GDP (Imp. Staters) |
| 1655 | C$4,712,138,977,578,900.00 |
| 1669 | C$1,258,822,193,055,278.25 |
| 1670 | C$932,981,142,927,412.00 |
| Assets | Special Reserve Staters |
| Bullion / Currency Reserves (1653) | SR$40,506,979,955.68 |
| Bullion / Currency Reserves (1670) | SR$17,231,974,546.04 |
| Special Gold Reserve (1670) | SR$33,135,302,017.40 |
1670
| Ethnocultural Category | Population | GDP per Capita | GDP |
| Constancian (Urban) | 2,721,358 | C$96,415,397.40 | C$262,380,813,037,669.00 |
| Constancian (Rural) | 7,138,290 | C$13,473,600.00 | C$96,178,464,144,000.00 |
| Raspurid (Citizen) | 1,200,827 | C$146,981,397.15 | C$176,499,230,195,443.00 |
| Raspurid (Subject) | 2,773,793 | C$31,510,960.95 | C$87,404,882,906,383.30 |
| Iteran (Helot) | 1,959,121 | C$6,989,430.00 | C$13,693,139,091,030.00 |
| Total | 15,793,389 | C$59,074,157.10 | C$932,981,142,927,412.00 |
| ' | ' |
| Amicable Grants: | C$5,718,335,093,445.45 |
| Fees, Tariffs, Customs: | C$52,997,765,453,685.20 |
| General Taxation | C$314,705,548,263,714.00 |
| Govt Expenditure: | C$5,187,767,919,826.80 |
| Contribution to Trans-Euran Command: | C$472,129,979,284,555.00 |
| Net Revenue: | -C$103,896,098,393,537.00 |
| Bullion / Currency Reserves: | SR$17,231,974,546.04 |
Trade and investment
Exchange rates
1670
- 1 Imperial Stater = 0.0016 Shirerithian Erb
- 1 Shirerithian Erb = 642.56 Imperial Stater
- 1 Imperial Stater = 0.00020 Natopian Natopo
- 1 Natopian Natopo = 4,911.04 Imperial Stater
- 1 Imperial Stater = 0.000018 Craitish Cräite
- 1 Craitish Cräite = 55,687.65 Imperial Stater
- 1 Imperial Stater = 0.000064 Liberadosan Cruz
- 1 Liberadosan Cruz = 15,578.58 Imperial Stater
