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Liberalism x Protectionism (pros and cons)

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Victor Amon
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Post: #1
Smile  Liberalism x Protectionism (pros and cons)

So... Which one? I run a Germany-like country with a great infrastructure, low debt increase and high taxes. Which one will be better?

06.03.2014 17:02
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Lyu
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RE: Liberalism x Protectionism (pros and cons)

Liberalism, definitely. Your country is sufficiently prepared for the short-time effects (welfare going down, budget shifting from acquisition to excise taxes, GDP growing faster than money supply) and the economy will benefit a lot from it.

Protectionism is not that good, Ars Regendi generally rewards free trade.

This post was last modified: 06.03.2014 18:52 by Lyu.

06.03.2014 18:50
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Helsworth
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Post: #3
RE: Liberalism x Protectionism (pros and cons)

If you want to slash your imports, go ahead and do the protectionism reform. I implemented it numerous times with the USA template state, and it worked well for me. Of course, I'd seriously commit to reducing fiscal drag if I were you.


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This post was last modified: 06.03.2014 19:28 by Helsworth.

06.03.2014 19:26
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