Which macroeconomic model does your nation subscribe to?

[The New Promised Land]

The New Promised Land

(Hybrid) New Keynesian, Supply-Side, Austrian, & Austrian

Taxation: Maintained to an absolute minimum in order to ensure workers and producers have more for consuming, saving, and investing.
Trade: Free. Trade barriers are minimal in order to promote competition and give consumers and domestic producers access to competitive goods, services, and materials.
Regulation: Minimal. Financial incentives and (dis)incentives, such as carbon taxation, are preferred over regulation.
Monetary: The Central Bank is mandated to maintain maximum growth with moderate inflation (2-3% annualized).
Labor Affairs: Moderate standards maintained to ensure appropriate living standards for all working men and women.
Social Welfare: A minimum level of basic provisions are appropriated to the disabled and those who have retired. However, such provisions are appropriated in a manner which encourages individuals to re-train and to search for future work in an occupation more suited to their individual need and limitation.
Fiscal Expenditure: Directed toward improving human and social capital (Education, health care, science, and infrastructure) as investing in such areas tends to yield a financial and fiscal return.
Fiscal Balance: Balanced budgeting is the norm during peacetime growth. However, deficit-financed expenditure and tax cutting is harnessed to maintain stable and sustained growth.

[United States of Vietnam]

United States of Vietnam's economic model is Social-Capitalism ( Likes Nordic countries ) with high ease of doing business and large public services

- Public-funded social safety net with high welfare spending
- Universal Healthcare, Free K-12 and public-funded university education
- Public pension plans
- Very low restriction on free trade. Strong property rights. Little to no regulation on product market
- Government encourages citizens to join labour unions
- Require and enforce transparency when doing business
- Tight contract enforcement law
- High public spending
- Very high tax rates on individual but low tax rates on small corporations

[The Intergalactic Universe Corporation]

The Galactic Federation's economic system is one of free market capitalism, with minimal regulation, taxation and governmental involvement in the economy.

(Hybrid) Supply-Side, Austrian Minarchist, Classical, Chicago School,

Taxation: Maintained to an absolute minimum.
Trade: Free. Trade barriers are minimal in order to promote competition and allow only the best to survive.
Regulation: Minimal or none. The only regulations we have are on immigrants and migrant workers.
Monetary: The Central Bank is mandated to maintain maximum growth with moderate inflation (1.5 to 2%), and a strong currency.
Labor Affairs: Only a recommended target is set for businesses to use as a guideline.
Social Welfare: Minimum. We provide grants and subsidies for the very needy, but most importantly, our social welfare system is based on the government growing money from your working years which you can use when you need them, and our social programs are mostly job seeking and retraining programs for people.
Fiscal Expenditure: Directed toward improving economic growth.
Fiscal Balance: A surplus must always be maintained. Debt is issued for investment purposes, not to fund expenditure.

[Radiatia]

Obviously economic policy depends on who is in power, but since the fall of communism Radiatia has tended towards either Monetarism or Supply Side Economics, with occasional rare forays in Keynesianism.

[Fatatatutti]

Our government doesn't try to control the economy, so it has no need for subscriptions.

[Nioya]

I wanna go learn more about economics and then answer this

[Nova Anglicana]

Taxation: Moderate and progressive. High income earners pay their fair share, but capital gains and corporate income taxes are lower.
Trade: Generally free, though trying to make it as fair as possible.
Regulation: A good amount. We want to protect consumers and prevent them being taken advantage of.
Monetary: The central bank Maintain a balance between inflation and unemployment. Do not allow inflation or unemployment to rise too high.
Labor Affairs: We maintain appropriate standards for safety and standard of living.
Social Welfare: Some programs are universal, such as a Social Security-like program, while others are targeted at lower income groups. Errs on the side of generous.
Fiscal Expenditure: Infrastructure spending has always been a high priority. The government does moderate redistribution of wealth through welfare and other programs.
Fiscal Balance: The government has run moderate deficits often in the past, but the current Prime Minister is looking to balance the budget if possible. Economists advocate for surpluses in times of economic growth and deficits in time of recession.

[Grand Britannia]

Taxation: Relatively low, we only take 20% of our GDP as tax from both state and federal level

Trade: The Preferential Trade System locks every commonwealth member into a tariff block which limits the amount of foreign products coming into the Empire. Within the Empire, however, trade is mostly free.

Regulation: The government doesn't exercise regulation, the Guilds do. Therefore regulation is mostly a private affair.

Monetary: The Commonwealth Reserve System, a private central system of banks, are the ones in charge of Monetary policy. This would change depending of the state of the economy.

Labor Affairs: Also determined by the guilds.

Social Welfare: lol

Fiscal Expenditure: Our biggest expenditures are military, healthcare and education, with policing close second. Sometimes those are our only expenditures outside administration. Other Ministries act as regulatory bodies rather than take action themselves.

Fiscal Balance: Anything goes as long as it is being useful.

Note: The guilds and CRS are private entities that have state appointed officials and serve government interests. The model we follow is debatable.

[The Gamindustrian Union]

We use the Nordic model (Scandinavian socialism-capitalism)

For taxation, individual taxation is Scandinavian-level (30%-60%), but corporate taxes are relatively low (25%). VAT taxes are at 0-15%.
For trade, free trade is there.
For regulation, the government exercises a fair deal of it, aimed at curbing corporate abuse, both to consumer, stockholder and workers. However, the Government knows when to leave the free market be.
For monetary affairs, the Bank of the Gamindustrian Union handles those. After a period of deflation that caused the credit to equate to NS$2.09, it stopped, and the BGU tries to keep inflation in check.
For labor conditions, see regulation. Also, our minimum wage is at around NS$10/hr.
For social welfare, we have free education (even free university), free healthcare and an insurance system. We even have a mandatory job finder program, which seeks to help find a job based on a person's credentials. With Scandinavian-level taxes, one can expect Scandinavian-level welfare.
For fiscal expenditures, we spend some 36% of our GDP. We spend predominantly on education, welfare, military, healthcare, law enforcement and industry.

[La Cosa Fedora]

In theory we are a neoclassical libertarian free market, except for our social security system, health-care system, and the lack of active hostility towards unions on the part of the state.

In reality, we redirect resources from the civilian sectors to the military industrial complex, and tend to practice military-Keynesian macroeconomic policies. Also the unions are La Cosa Fedora's racket, and used to control and subject to surveillance the workers and the corporations. Unions are not independent, and no company could get away with trying any union busting. Running to the state for help with your union problems is not going to help either.