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Any things I can do for improvement?

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RinNatsume
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Post: #1
Any things I can do for improvement?

Here is my nation Tanzhiye:
http: //www.ars-regendi.com/state/173082/show.html

My goal is actually to increase economic growth.

Any suggestions how I can increase my GDP and reduce my debt percentage, I would like to be able to pay off all my debt but I aim more at reducing the debt percentage and increasing my GDP.

Any thoughts?

Also the URL is broken but just backspace the space before the http: and after the :// to fix the link

This post was last modified: 18.09.2014 16:50 by RinNatsume.

18.09.2014 16:33
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Bulgaria
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RE: Any things I can do for improvement?

"Growth for the sake of growth is a cancerous madness." - Edward Abbey

What's all that fuss about growth anyway ? We are living on a planet with limited non-renewable resources, in that context growth means nothing more than quicker exploration and depletion and eventually wars. Isn't it more important to manage equal distribution, since all physical human needs are limited within a short range and to think about planning how to balance living standard and prolonged use of what's on Earth ?

Not posting to teach someone but whoever might be interested look up on the internet resource based economy by Jacque Fresco.

If you don't feel my post helpful, sorry for the spam.

Respect,
Bulgaria

18.09.2014 17:33
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Helsworth
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Post: #3
RE: Any things I can do for improvement?

@Rin
If you want more economic growth (more production and consumption), you'll have to reduce fiscal drag and or increase public spending.
First tip, lower your nominal interest by max each winter in order to lower interest payments.
The negative income tax is really a consumption starter; it helps out the lower bracket households, it lowers the GINI, and it reduces crime a little as well as bureaucracy.
Try to keep your Money Supply above your GDP, and if you want to shift your trade balance toward neutral or a surplus - you can safely increase tariffs without penalty to your economy.


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This post was last modified: 18.09.2014 17:46 by Helsworth.

18.09.2014 17:45
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RinNatsume
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Post: #4
RE: Any things I can do for improvement?

What should be the range in which I can increase tariffs?

3%? 4%?

18.09.2014 18:47
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Helsworth
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Post: #5
RE: Any things I can do for improvement?

RinNatsume Wrote:
What should be the range in which I can increase tariffs?
3%? 4%?

Well, you can't really know that until you've made some changes. Try out in the next winter quarter to increase tariffs by as much as your influence allows it. Then see how the trade balance shifts over the next 3 quarters.
In real life, it's all about optimizing real wealth production and absorption. A net commercial deficit is a physical benefit. A net commercial surplus is a net cost, it means giving the rest of the world net wealth in exchange for net money. Every net exporter of goods and services is a net importer of aggregate demand.
A country's wealth (pile of stuff) is what you produce domestically + what the rest of the world sends to you - what you send to the rest of the world.


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18.09.2014 20:36
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