NATION

PASSWORD

Euneng Ratings

A meeting place where national storefronts can tout their wares and discuss trade. [In character]

Advertisement

Remove ads

User avatar
Fizbar
Diplomat
 
Posts: 649
Founded: Jan 31, 2011
Ex-Nation

Postby Fizbar » Tue Aug 23, 2011 1:27 pm

Nation Name: Armed Republic of Fizbar
National Government Form: Junta rule
Minister of Finance or Equivalent: Kroden

National Central Bank: Fizbar National Bank
Central Bank Head: Kroden
Please Describe the Central Bank's Role: Control the money supply and government lending of the national currency (bar)

Does your nation follow Keynesian or Neoclassical Economics?: Neoclassical.
Is your nation reliant on exports for economic growth?: No. Most manufactured goods are sold domestically.
Is your nation reliant on imports for a commodity?: Not in general. While many raw materials (mostly metals) and non-native plants are imported, Fizbar domestically produces its oil, food and other basic commodities.

Inflation Rate: 1.8%
Real GDP: NSD 31 trillion

Total Government Reserves: (Foreign exchange reserves) 0.8 trillion

Unemployment Rate: 2.6%

Does your nation follow an Expansionary Monetary Policy?: No.
Does your nation follow a Concretionary Monetary Policy?: Yes.

Does your nation face a national surplus?: No.
Does your nation face a national deficit?: Yes.
What is the value of the surplus/deficit (for this year) in USD?: NSD -670 billion (deficit)
What are the surplus/deficit projections for next year?: NSD +100 billion (surplus)

When was the last time a major change in fiscal policy occurred?: 15 years ago.
What was the result of the change?: The central bank decided to get inflation under control, resulting in a stagnation for several years before the economy exploded due to heavy foreign investment.

How long has the deficit/surplus lasted?: Fizbar has always been in deficit, but economic growth has resulted in the deficit rapidly shrinking in relation to government revenues.
What is the debt to GDP ratio?: 36%
What is the revenue to real GDP ratio?: 20%
what is the expenditure to real GDP ratio?: 22%

Has your nation every defaulted?: Yes.
If so, how many times and when?: Once, 20 years ago. With oil prices falling, the government was forced to default on its debt, which resulted in severe inflation, until the central bank stepped to bring things under control.

What is the current political climate in your nation?: Stable
Are there any signs of major dissent?: Discontent amongst relatively poor workers, who demand a minimum wage and other workers' benefits, is relatively high, but they have little bargaining power and have the police ensures they do not get organized.
Is your economy expected to continue growing?: Yes.
Briefly describe your economy: The economy, which was originally oriented solely around oil exports, has grown rapidly due to advances in high tech goods manufacturing, tourism, and the service industry in general. Fizbar also has a very large weapons industry, which manufactures ammunition and spares for military equipment, but is now investing in direct manufacturing of the military equipment itself.

User avatar
Izarius
Ambassador
 
Posts: 1479
Founded: Jan 31, 2011
Ex-Nation

Postby Izarius » Tue Aug 23, 2011 1:53 pm

Nation Name: People's Republic of Izarius
National Government Form: Representative single party democracy (anyone can join the party provided they disavow all forms of discrimination and take an oath to support justice and prosperity for all people).
Minister of Finance or Equivalent: No ministry of finance. The treasury functions are performed by the central bank.

National Central Bank: PRIBANK
Central Bank Head: No single person. Ruled by a council of 5 members.
Please Describe the Central Bank's Role: The central bank controls the finances of the Izarian state and also assists the Izarian state in setting price controls.

Does your nation follow Keynesian or Neoclassical Economics?: Post-keynesian
Is your nation reliant on exports for economic growth?: No.
Is your nation reliant on imports for a commodity?: Yes. Izarius does have its own oil field, but it does not have sufficient oil such a large country.

Inflation Rate: 7%
Real GDP: 2,337 billion

Total Government Reserves: 540 billion

Unemployment Rate: N/A (employment is guaranteed to everyone)

Does your nation follow an Expansionary Monetary Policy?: Yes
Does your nation follow a Concretionary Monetary Policy?: No

Does your nation face a national surplus?: No
Does your nation face a national deficit?: Yes
What is the value of the surplus/deficit (for this year) in USD?: 140 billion
What are the surplus/deficit projections for next year?: 160 billion

When was the last time a major change in fiscal policy occurred?: Never
What was the result of the change?: N/A

How long has the deficit/surplus lasted?: 20 years (since the fall of the USSR).
What is the debt to GDP ratio?: 81%
What is the revenue to real GDP ratio?: 88%
what is the expenditure to real GDP ratio?: 94%

Has your nation every defaulted?: No.
If so, how many times and when?: N/A

What is the current political climate in your nation?: Stable
Are there any signs of major dissent?: Some opposition protests. These are funded by external countries and have very small turnouts.
Is your economy expected to continue growing?: In the long term, yes, by quite a bit. In the short term, because there is little trade, and disruptions in domestic supply chains can affect large parts of the economy, the economy could have ups and downs. However, these ups and downs will be minimized because of the large diversification of the economy.
Briefly describe your economy: The economy is very diverse. It emphasizes industrial manufacturing over services, and utilizes large iron, coal, aluminum, and titanium deposits inside Izarius. Healthcare, and most importantly, education play large parts in the economy too. Izarius' impressive education system, which has created a 100% literacy rate, is an investment that will fuel economic innovation and growth in the long term.
Supporter of the true legitimate government in Libya, that of Colonel Muammar al-Gaddafi.
Read this first before complaining about Gaddafi's supposed crimes
The Libyan NTC refuses to stop ethnic cleansing

Pro-democracy groups have overthrown the Izarian regime
PRIMA Defense Systems

[ ] 0: Normal readiness
[ ] 1: Increased alert
[ ] 2: High alert
[ ] 3: Full alert
[ ] 4: Limited war
[x] 5: Total war

User avatar
Creselia
Chargé d'Affaires
 
Posts: 362
Founded: Jul 24, 2011
Ex-Nation

Postby Creselia » Tue Aug 23, 2011 3:43 pm

Image

Official Communique from the Democratic Republic of Creselia

Receiver: Euneng Ratings
Sender: The Democratic Republic of Creselia, The Department of Economics, Office of Director Anthony Venir
Subject: Credit Application
Encryption: None

Good Afternoon,

The Department of Finance of the Democratic Republic of Creselia would like to inform Euneng Ratings that we would like for Euneng to rate the our nation. We thank your for this honor of receiving a National Credit Rating. Hopefully, this is acceptable for you, and we thank you for the time you may take to review our status. Enclosed below is our application.


Sincerely,
Anthony Venir,
Creselian Director of Finances

Nation Name:The Democratic Republic of Creselia
National Government Form:Democratic Republic
Minister of Finance or Equivalent:Director of Finance, Anthony Venir

National Central Bank:The Creselian Central Federal Bank
Central Bank Head:Richard D. Kippling
Please Describe the Central Bank's Role: The central bank is the regulatory authority on monetary policy,prevents the country's banking system from failing and provides currency stability to the Creselian Crescent by controlling inflation

Does your nation follow Keynesian or Neoclassical Economics?:Neoclassical
Is your nation reliant on exports for economic growth?:12% of GDP
Is your nation reliant on imports for a commodity?:No

Inflation Rate:1.3%
Real GDP:$2,102,659,572,024.06

Total Government Reserves:1.2 Trillion Crescents

Unemployment Rate:4.57%

Does your nation follow an Expansionary Monetary Policy?: Yes, Depends on situation
Does your nation follow a Concretionary Monetary Policy?: Yes, Depends on situations

Does your nation face a national surplus?:No, but Deficit is Decreasing
Does your nation face a national deficit?:Yes, but is Decreasing
What is the value of the surplus/deficit (for this year) in USD?:7,876,281,975.94
What are the surplus/deficit projections for next year?:7 Billion

When was the last time a major change in fiscal policy occurred?:Never
What was the result of the change?:N/a

How long has the deficit/surplus lasted?: 19 years, Entering of Conflict of the Corrosian Alliance
What is the debt to GDP ratio?:17.3%
What is the revenue to real GDP ratio?:76.6% of Total GDP
what is the expenditure to real GDP ratio?: 74.3% of Total GDP
Has your nation every defaulted?:No
If so, how many times and when?: N/A

What is the current political climate in your nation?:Stable
Are there any signs of major dissent?:No
Is your economy expected to continue growing?: Yes
Briefly describe your economy:


:: Organizations ::
[] Proud Member of The Economic Federation Alliance

:: Significant International Events ::
[] Fall of the Alliance:-TBA

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Tue Aug 23, 2011 3:59 pm

Image


To : Senders of Submitted Applications
From : Chief Credit Analyst Teukim Dongshin

Subject : Credit Ratings



Dear Sir/Madam

In an effort to streamline the arduous process of rating the credit of the many nations and corporations that have applied, Euneng Ratings has begun a process in which Euneng Ratings will list the newly rated credit for the many nations that have applied. These ratings will be sent to all of those nations or corporations that have applied.

We must note that due to the great number of applications that are being filed Euneng Ratings will not be able to provide an explanation for every nation or corporation that has submitted for a credit application simply due to certain circumstances. Please excuse us for this inconvenience and please in inform us immediately if a reason is required or wanted.

We also area near the analysis of short term credit ratings of both nations and corporations after much work and deliberation. We apologize for such tardiness and ask for forgiveness on the matter.

We thank you for your understand and business, we hope to become the most trusted credit agency in NS and maintain each and everyone of our customer's trust.

The Cookish States - A+
Rejaina Republic - A+
The Fortress of Shanix - B+
Ruffnekia - AA
Russianoiva - AA
Haruspex International Armaments - AA
Armed Republic of Fizbar - B+
People's Republic of Izarius - CC
The Democratic Republic of Creselia - CC


Sorry I'm not more regular, but school has kicked in and I can't get on NS as much. Thus I'm going to use the new system as I explained above where I'll have to work considerably less and do it in bunches. Oh, and the short term ratings... No excuse for that, sort of forgot... Thank you all for your guy's support in this storefront!
The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
Fedriya
Chargé d'Affaires
 
Posts: 386
Founded: Nov 14, 2008
Ex-Nation

Postby Fedriya » Tue Aug 23, 2011 4:11 pm

Corporation Name: Phoenixwood International
Nation of Origin: The Corporately Privatized State of Fedriya
Majority Shareholder or Chairman: Fortunato Bersaglieri
Chief Finance Officer: Oleg Zurplensky

Product/Service Provided: Private Military Services
Year's Profit: $1.3 billion
Projected Profit for Next Year: $3 billion

Total Corporate Reserves: Approximately $680 billion
Briefly describe your company: A multi-billion dollar award-winning private military conglomerate with highly-trained, heavily-armed and super-efficient mercenaries contracted across the globe to government, companies and individuals alike.
Phoenixwood International

Bored of 'okay' oil?

The Government of the Phoenixwood-Owned Empire of Fedriya
President: Charles Phalsomann
Minister of Foreign Affairs: Oleg Zurplensky
Factbook

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Thu Aug 25, 2011 3:48 pm

Image


To : International Community
From : Euneng Ratings Board of Directors

Subject : Financial Transparency



Dear Sir/Madam

Due to our commitments to the complete unbiased rating, Euneng Ratings, as in the past, will release it's financial information within the following weeks. This is to prove our commitment to our unbiased rating ensuring that any financial "donations" to our company become visible. But Euneng Ratings may assure our customers and our future customers, that Euneng Ratings has never in it's history of business ever received a complaint on a biased rating or charges of corruption.

We thank you for your time and understanding and look forward to releasing our financial information in the near future.
The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
El Bondel
Diplomat
 
Posts: 904
Founded: Jun 05, 2011
Ex-Nation

Postby El Bondel » Thu Aug 25, 2011 4:09 pm

Nation Name:The Galactic Republic Of Bondel
National Government Form:Republic
Minister of Finance or Equivalent:John Sinde

National Central Bank:The International Bank Of Mondon
Central Bank Head:Uria Ryder
Please Describe the Central Bank's Role:Main Bank Of The Nation.Also Referred To As 'Mint'

Does your nation follow Keynesian or Neoclassical Economics?:Neoclassical
Is your nation reliant on exports for economic growth?:Automotive Vehicles
Is your nation reliant on imports for a commodity?:Cloth,Cotton

Inflation Rate:2.2%
Real GDP:345,999,999,189,190

Total Government Reserves:78.1 Trillion

Unemployment Rate:12.2%

Does your nation follow an Expansionary Monetary Policy?: YES
Does your nation follow a Concretionary Monetary Policy?:NO

Does your nation face a national surplus?: YES
Does your nation face a national deficit?: NO
What is the value of the surplus/deficit (for this year) in USD?: 78.1 Billion
What are the surplus/deficit projections for next year?:77.2 Billion

When was the last time a major change in fiscal policy occurred?: 6280019
What was the result of the change?:NEOCLASSICAL

How long has the deficit/surplus lasted?: 41 Years
What is the debt to GDP ratio?: .5%
What is the revenue to real GDP ratio?:42%
what is the expenditure to real GDP ratio?:51%

Has your nation every defaulted?:No
If so, how many times and when?: N.A

What is the current political climate in your nation?: Very Stable
Are there any signs of major dissent?: None
Is your economy expected to continue growing?: YES
Briefly describe your economy: Public Economy,Minor Government Intervention.
RP Stats:[under construction]
Map of Bondel

User avatar
The City State Rhydin
Diplomat
 
Posts: 846
Founded: Nov 07, 2007
Inoffensive Centrist Democracy

Postby The City State Rhydin » Sat Aug 27, 2011 4:53 pm

(Three different corporations in existence current)

Corporation Name: Rhydia Vehicle Corporation RVC
Nation of Origin: The City State Rhydin
Majority Shareholder or Chairman: Kiman Ahri'Zun, CEO
Chief Finance Officer: Huan Na'mere

Product/Service Provided: Automobiles
Year's Profit:
June 2010 - June 2011: $1.607 Billion Rhydin Dollars
Total Profits after expenses: $388 Million RD
Projected Profit for Next Year: At current, we believe that we shall incur near enough the same profits as this year, perhaps a bit more with a joint military defense project for a light vehicle concerning several nations. The demand has already been quite large, so we expect this to contribute to our overall sales even more.

Total Corporate Reserves: $83 Million RD
Briefly describe your company:
RVC (Rhydia Vehicle Corporation) was founded in 1997 by five of Anhui’s locally owned investment companies. Plant construction commenced on March 18, 1997 in the Daika Ward of Anhui. The first car came off the production line on December 18, 1999. And on August 22, 2007, the five-hundred thousandth car of RVC rolled out the assembly line successfully, which signifies that RVC has already achieved its first-stage goal in the process of building a successful independent brand, and is now on its way to create a world famous brand through opening and innovation.

As early as its foundation, RVC has been persistently carrying forward the spirit of “self-reliance, self-improvement, innovation and enterprising”, and sticking to the objective of “bringing together excellent talents and capital, striving for world leading technologies, owning independent intellectual property rights, building internationally-famous brand, developing the global automotive market and ranking among the world top automakers”, so as to ceaselessly sharpen its core competitiveness in fierce market competition. Through 10 years of leap-forward development, RVC has currently had independent capacity for the R & D of vehicles, engines and some key parts and components, independent intellectual property rights and core technologies, and become Rhydin’s largest enterprise in the R & D, manufacture, sale and export of Rhydin independent-branded passenger cars, laying a solid foundation for more intense competition and faster development.

At present, RVC possesses a full set of production and R&D units, such as Car Factories, Engine Factories, Transmission Factory, Automotive Engineering and Research Institute, Planning & Design Institute and Testing Technology Center, and boasts an annual output of 650,000 cars, 650,000 engines and 400,000 sets of transmissions. RVC’s existing products include dozens of models under ten cars series (Q3, Q6, A3, R2, Xielg, K3, T3, Cdyn and Vmaadehk Cdyn).

Corporation Name: Harl L' Qu'mados Technologies HQLT
Nation of Origin: The City State Rhydin
Majority Shareholder or Chairman: Severan Ni'Zun - Global Operations Officer
Chief Finance Officer: Hadari Verin - Chief Account Officer

Product/Service Provided: Underwater submersible technologies and habitation development
Year's Profit: profits for fiscal year of 2011 - $110.55 Billion RD
Total after expenses: $23.9 Billion RD
Projected Profit for Next Year: As more consumers become aware of us, as well as those nations within our region who've become impressed with our technology, we expect significant growth in the next year.

Total Corporate Reserves: $8 Billion RD
Briefly describe your company:
Harl L' Qu'mados Technologies designs craft and habitations to meet the highest demands when it comes to features such as durability, state of the art performance, versatility and technical superiority.

Corporation Name: Air Luxury Helicopters
Nation of Origin: The City State Rhydin
Majority Shareholder or Chairman: Lanias Hallas Grail
Chief Finance Officer: Syious Grail

Top Investors
Mr. Paolo Mancini, CEO of Energizia Inc.
The Republic of San Pellegrino Romana
Most Imperial Highnesses the Prince-Regents of the Quendi
The People's Empire of Of the Quendi

Product/Service Provided:
Year's Profit: Gross Profits: $54.754 Billion RD
After Expenses: $7.9 Billion RD
Projected Profit for Next Year: With growth orders and renewal of contracts, ALH feels that the profits incurred this year, will continue with the next year, with the potential to rise slightly above this years totals.

Total Corporate Reserves: $2 Billion RD
Briefly describe your company:
If it has to do with luxury air travel, we know what to do, where to get it and how to offer the best there is in private helicopter travel. We arrange for complete private luxury services to provide our clients the best available in aerocraft.

Whatever Flight service you need, we are here to represent you or your company.
You tell us your needs, we provide you with full service, safety, security, luxury, convenience at the best prices possible.

* Executive Helicopters
* Luxury Helicopters
* Hotelicopter

ALH believes in the following: Personal. Professional. Efficient.
From a general service check to the heaviest of inspections, our certified technicians will take care of all your needs.

Offering maintenance is paramount to ensuring your aerocraft is available when and where you need it. Knowing when your aerocraft will require maintenance performed is vital to your daily operation. ALH is able to provide its managed clients aircraft with specialized trained mechanics on-site to certify their aerocraft is in full compliance each time they depart from whatever destination they are based within.

User avatar
Darmen
Powerbroker
 
Posts: 7512
Founded: Jan 16, 2011
Moralistic Democracy

Postby Darmen » Sat Aug 27, 2011 5:40 pm

Nation Name:The Sporting Kingdom of Darmen
National Government Form:Constitution Monarchy
Minister of Finance or Equivalent:Minister of Finance Hank Thompson

National Central Bank:The National Bank of Darmen
Central Bank Head:Mr. Tony Alvaredo
Please Describe the Central Bank's Role:The Main Bank of the Nation, also oversees all other "private" banks.

Does your nation follow Keynesian or Neoclassical Economics?:Neoclassical
Is your nation reliant on exports for economic growth?:Oil, Military Weapons
Is your nation reliant on imports for a commodity?:Cotton, Vegtables

Inflation Rate:0.037%
Real GDP:USD$3,675,766,369,256.72

Total Government Reserves:USD$803,795,334,855,620.00

Unemployment Rate:12.8%

Does your nation follow an Expansionary Monetary Policy?:No
Does your nation follow a Concretionary Monetary Policy?:Yes

Does your nation face a national surplus?:Yes
Does your nation face a national deficit?:No
What is the value of the surplus/deficit (for this year) in USD?:USD$30,734,670,086.32
What are the surplus/deficit projections for next year?:USD$30,162,600,020.93

When was the last time a major change in fiscal policy occurred?:Two months ago.
What was the result of the change?:Decreased Spending.

How long has the deficit/surplus lasted?:Four Months
What is the debt to GDP ratio?: .1%
What is the revenue to real GDP ratio?: 80%
what is the expenditure to real GDP ratio?: 94%

Has your nation every defaulted?:No
If so, how many times and when?: N/A

What is the current political climate in your nation?:Currently undergoing Prime Minister Elections.
Are there any signs of major dissent?:Not major, but minor dissent is being shown by people in the Southern portion of the country.
Is your economy expected to continue growing?:No
Briefly describe your economy:All Major and other Large Businesses/Industires are controlled by the government, while small businesses are allowed to ramin privatley owned.
The Republic of Darmen
President: Sebastian Elliott (NLP) | Capital: Scott City | Population: 10.6 mil | Demonym: Darmeni | Trigramme: DAR
Factbook (WIP) | Encylopedia | Domestic Sports Newswire
Champions: CoH 51, CR 13, GCF Test 9, GCF Test 13, WBC 25, QWC 7 Runners-up: CoH 53, CR 10, GCF Test 11, T20C 2, T20C 4, RLWC 10, WBC 42
Third: CR 20, T20C 10, RLWC 20, RLWC 22, R7WC 4, WBC 21, BC 6 Host: CR 9, RWC 18, RWC 26, RWC 35, RLWC 12, RLWC 18, RLWC 22, BC 6, BC 10, WVE 4

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Sat Aug 27, 2011 8:57 pm

OOC : will be putting up a post soon, expect it tomorrow people...
The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Sun Aug 28, 2011 3:58 pm

Image


To : Senders of Submitted Applications
From : Chief Credit Analyst Teukim Dongshin

Subject : Credit Ratings



Dear Sir/Madam

As we continue to experiment with multiple methods of returning our customer's applications, Euneng Ratings has recently devised a new solution to our situation and have found that the lack of explanations from ourselves dealing with the decision on credit ratings something that would be highly looked down upon in the financial world. Thus after deliberation by the Board of Directors, we have decided upon a new system which is expected to fit the criteria needed.

Euneng Ratings will now deal with all ratings in large clusters from the collective applications until the message is sent as before. But in a major reversal of policy from the previous decision made by the Board, we have decided to add a a small explanation as to the credit scores that were made by our employees.

We thank you for your time and cooperation and hope that we become the most trusted credit agency of choice in the NS World.

The Righteous Imperial Dominion of Tergnitz - AA
  • An excellent fiscal record as well as an expanding surplus, Tergnitz is an excellent example of good financial health.
The Galactic Republic Of Bondel - A+
  • An excellent fiscal record as well as an expanding surplus, Bondel nonetheless carries an abnormally high unemployment rate which may prove to be a great hindrance in the future.
The Sporting Kingdom of Darmen - A+
  • Though a surplus does it exist, it must be mentioned that Darmen carries a high unemployment rate and the economy is not expected to continue growing. With these two signs is can be noted that the ability of the government to collect any revenue from taxes will become harder. Though, due to the extremely small debt, it is unlikely that Darmen will ever fail to maintain commitments.


The Federative Noocracy of Solm - A+
  • An excellent fiscal record as well as an expanding surplus, Solm is an excellent example of good financial health.
Royal Kingdom of Alkoul - A+
  • An excellent fiscal record as well as an expanding surplus, Alkoul is an excellent example of good financial health.
Stoklomolvi Liaoist Federation - A+
  • An excellent fiscal record as well as an expanding surplus, Stoklomolvi is an excellent example of good financial health.
The New Federation of Alpha and Delta Pact - A
  • An excellent fiscal record as well as an expanding surplus, The New Federation of Alpha and Delta Pact is an standard example of good financial health. High government surplus as well as high reserves, though unlikely, fail given a major change in economic conditions.
The Asian Federation of Nations - A+
  • An excellent fiscal record as well as an expanding surplus, The Asian Federation of Nations is an excellent example of good financial health.
The Federal Republic of Ezenburg - A
  • An excellent fiscal record with no history of any default, Ezenburg nonetheless due to a sizable deficit will most likely not default given major changes in economic conditions.
The Cookish States - A+
  • An excellent fiscal record as well as an expanding surplus, The Cookish States is an excellent example of good financial health.
Rejaina Republic - A
  • An excellent fiscal record with no history of any default, Rejaina nonetheless due to a sizable deficit will most likely not default given major changes in economic conditions.
The Fortress of Shanix - A
  • An excellent fiscal record with no history of any default, Shanix nonetheless due to a sizable deficit will most likely not default given major changes in economic conditions.
Ruffnekia - A
  • Though having a large surplus, it is noticeable that Ruffnekia's debt to GDP ratio is much too large and may impact its ability to maintain financial commitments in the future.
Russianoiva - A
  • Though having a large surplus, it is noticeable that Russianoiva's debt to GDP ratio is much too large and may impact its ability to maintain financial commitments in the future.
Armed Republic of Fizbar - B
  • A large national debt and large deficit will most likely cause some sort of disruptions in maintaining financial commitments.
People's Republic of Izarius - A+
  • Due to an extremely large debt to GDP ratio and an extremely large deficit, it is very likely that Izarius will face default given unfavorable economic conditions.
The Democratic Republic of Creselia - A
  • An excellent fiscal record, Creselia nonetheless maintains a sizable deficit. Though it is expected to become a surplus within the year, it is nonetheless expected that poor financial conditions may result in an inability to maintain commitments.
The Galactic Republic Of Bondel - A+
  • An excellent fiscal record as well as an expanding surplus, Bondel is an excellent example of good financial health.
The Sporting Kingdom of Darmen - A+
  • Though of rather questionable ability to maintain financial commitments later in the future, Euneng Ratings nonetheless believes in Darmen's ability to keep commitments within the short term.
The Righteous Imperial Dominion of Tergnitz - A+
  • An excellent fiscal record as well as an expanding surplus, Tergnitz is an excellent example of good financial health.


Phoenixwood International - AA
  • An excellent fiscal record as well as an expanding profit, Phoenixwood International is an excellent example of good financial health.
Rhydia Vehicle Corporation - AA
  • An excellent fiscal record as well as an expanding profit, Rhydia Vehicle Corporation is an excellent example of good financial health.
Harl L' Qu'mados Technologies - AA
  • An excellent fiscal record as well as an expanding profit, Harl L' Qu'mados Technologies is an excellent example of good financial health.
Air Luxury Helicopters - AA
  • An excellent fiscal record as well as an expanding profit, Air Luxury Helicopters is an excellent example of good financial health.


Stoklomolvi People's Bank - A+
  • An excellent fiscal record as well as an expanding profit and capital resreves, the Stoklomolvi People's Bank is an excellent example of good financial health.
Baogang Corporation - A+
  • An excellent fiscal record as well as an expanding profit and capital reserves, Baogang Corporation is an excellent example of good financial health.
Haruspex International Armaments - A+
  • An excellent fiscal record as well as an expanding profit and capital reserves, Haruspex International Armament is an excellent example of good financial health.
Phoenixwood International - A+
  • An excellent fiscal record as well as an expanding profit and capital reserves, Phoenixwood International is an excellent example of good financial health.
Rhydia Vehicle Corporation - A+
  • An excellent fiscal record as well as an expanding profit, Rhydia Vehicle Corporation is an excellent example of good financial health.
Harl L' Qu'mados Technologies - A+
  • An excellent fiscal record as well as an expanding profit, Harl L' Qu'mados Technologies is an excellent example of good financial health.
Air Luxury Helicopters - A+
  • An excellent fiscal record as well as an expanding profit, Air Luxury Helicopters is an excellent example of good financial health.

The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
Fizbar
Diplomat
 
Posts: 649
Founded: Jan 31, 2011
Ex-Nation

Postby Fizbar » Sun Aug 28, 2011 6:03 pm

Fizbar wishes to appeal the ratings given to both its long term and short term debts. We'd like to point out that while our overall debt-to-gdp ratio is moderately large and needs to be kept under control, our deficit stands at only about 2% of gdp, which is frankly insignificant. Given that our economy grows around 3% a year, a single year of growth should erase that deficit.

User avatar
Riemaia
Diplomat
 
Posts: 967
Founded: Nov 15, 2010
Ex-Nation

Postby Riemaia » Mon Aug 29, 2011 1:02 am

Nation Name: The Empire of Riemaia
National Government Form: Constitutional Monarchy & Parliamentary Republic
Minister of Finance or Equivalent: Reginald Furu

National Central Bank: Imperial Bank of Riemaia
Central Bank Head: Ilarion Noyela
Please Describe the Central Bank's Role: Destruction of old banknotes and the printing of new banknotes, Monitoring exchange rates, monitoring the imperial treasury, small amounts of real estate brokering, ect...

Does your nation follow Keynesian or Neoclassical Economics?: Keynesian
Is your nation reliant on exports for economic growth?: Yes
Is your nation reliant on imports for a commodity?: Yes, Petroleum products and certain metals

Inflation Rate: -0.16
Real GDP: 5.6 trillion

Total Government Reserves: 130 billion

Unemployment Rate: 2.55%

Does your nation follow an Expansionary Monetary Policy?: Yes
Does your nation follow a Concretionary Monetary Policy?: No

Does your nation face a national surplus?: Yes
Does your nation face a national deficit?: No
What is the value of the surplus/deficit (for this year) in USD?: 8 billion
What are the surplus/deficit projections for next year?: 8.1 billion

When was the last time a major change in fiscal policy occurred?: 1998
What was the result of the change?: Simplified income taxation system

How long has the deficit/surplus lasted?: 82 years
What is the debt to GDP ratio?: n/a
What is the revenue to real GDP ratio?: %11
what is the expenditure to real GDP ratio?: %10.9 (IF i'm understanding this right)

Has your nation ever defaulted?: No
If so, how many times and when?: N/A

What is the current political climate in your nation?: solid as Russian concrete
Are there any signs of major dissent?: none
Is your economy expected to continue growing?: yes
Briefly describe your economy: Laissez-faire Market economy

Corporation Name: Riemakora Heavy Industries
Nation of Origin: Riemaia
Majority Shareholder or Chairman: Archduchess Camille (23% Of all shares)
Chief Finance Officer:

Product/Service Provided: Military hardware, Farming equipment, Automobiles
Year's Profit: 5.1 Billion
Projected Profit for Next Year: 5.3 Billion

Total Corporate Reserves: 31 Billion
Briefly describe your company: Riemaia's national arms and automotive provider.
Last edited by Riemaia on Mon Aug 29, 2011 1:47 am, edited 2 times in total.

User avatar
-Bederich-
Ambassador
 
Posts: 1475
Founded: Aug 23, 2010
Ex-Nation

Postby -Bederich- » Mon Aug 29, 2011 12:25 pm

Nation Name: The Royal Cmmonwealth of -Bederich-
National Government Form:
Minister of Finance or Equivalent: Minister of Currency

National Central Bank: Ministry of Currency
Central Bank Head: William Davik
Please Describe the Central Bank's Role: Managing Excess Government Money, Issueing Currency

Does your nation follow Keynesian or Neoclassical Economics?: Neoclassical
Is your nation reliant on exports for economic growth?: No
Is your nation reliant on imports for a commodity?: No

Inflation Rate: 1.5 %
Real GDP: 65,745,525,867,840

Total Government Reserves: Roughly 25 Trillion

Unemployment Rate: 4.65%

Does your nation follow an Expansionary Monetary Policy?: Yes
Does your nation follow a Concretionary Monetary Policy?: No

Does your nation face a national surplus?: Yes
Does your nation face a national deficit?: No
What is the value of the surplus/deficit (for this year) in USD?: 346,599,140,160.00
What are the surplus/deficit projections for next year?: 366,000,000,000

When was the last time a major change in fiscal policy occurred?: Three Months Ago
What was the result of the change?: Speding Was Decreased in Several Areas

How long has the deficit/surplus lasted?: Do to Laws, Surplus Has, and Must Always Last
What is the debt to GDP ratio?: 0:1
What is the revenue to real GDP ratio?: 0.264:1
what is the expenditure to real GDP ratio?: 0.258:1

Has your nation every defaulted?: No
If so, how many times and when?: N/A

What is the current political climate in your nation?: Conservative
Are there any signs of major dissent?: No
Is your economy expected to continue growing?: Yes
Briefly describe your economy: Very Strong Banking, Manufacturing, Mininig, Engineering, Technology, and Service Industries. Tourism is Expected to Pick up With the Recent Drastic Improvement of the Environment
Last edited by -Bederich- on Mon Aug 29, 2011 12:26 pm, edited 1 time in total.

User avatar
Aquitayne
Senator
 
Posts: 3895
Founded: Jun 24, 2011
Inoffensive Centrist Democracy

Postby Aquitayne » Mon Aug 29, 2011 12:40 pm

Nation Name: The Armed Republic of Aquitayne
National Government Form: Democratic Authoritarian
Minister of Finance or Equivalent: Dan White

National Central Bank: The National Bank of Aquitayne
Central Bank Head: Tim Redding
Please Describe the Central Bank's Role: Funds loans for citizens and bails out struggling businesses

Does your nation follow Keynesian or Neoclassical Economics?:Keynesian
Is your nation reliant on exports for economic growth?: Yes
Is your nation reliant on imports for a commodity?: No

Inflation Rate: 2%
Real GDP: $4,392,330,894,000.00

Total Government Reserves: 4 Trillion Tithes/3.5 Trillion NSD

Unemployment Rate: 14.12%

Does your nation follow an Expansionary Monetary Policy?: Monetary
Does your nation follow a Concretionary Monetary Policy?: Concretionary

Does your nation face a national surplus?: Yes
Does your nation face a national deficit?: No
What is the value of the surplus/deficit (for this year) in USD?: 2.5 Trillion
What are the surplus/deficit projections for next year?:2.5 Trillion Surplus

When was the last time a major change in fiscal policy occurred?: 8 Years Ago
What was the result of the change?: New President, Republicans in control of the House.

How long has the deficit/surplus lasted?: 5 years
What is the debt to GDP ratio?:
What is the revenue to real GDP ratio?: (revenue) $1,543,040,000,000.00 to (GDP) $4,392,330,894,000.00
what is the expenditure to real GDP ratio?: (expidentrues) $2,243,778,894,000.00 to (GDP) $4,392,330,894,000.00

Has your nation every defaulted?: No
If so, how many times and when?: N/A

What is the current political climate in your nation?: Far right Authoritarian Republicanism
Are there any signs of major dissent?: Yes
Is your economy expected to continue growing?: Yes
Briefly describe your economy: Doing fairly well, but on the 16th of August, our budget dropped 7 trillion dollars, our GDP dropped 1 Trillion dollars, our exchange rate went from $0.9498 to $0.6967 (where its holding), import profits were down 1.9 trillion dollars, and export profits were down 1.5 trillion dollars. However, the charts show that they are climbing back up again.
Last edited by Aquitayne on Mon Aug 29, 2011 12:41 pm, edited 1 time in total.
[ Embassy Program | A Collection of Essays | Parliamentary Hansard | Axalon Private Military Company | My iiwiki Page ]
[ W&A: Global Intelligence | Aquitaynian Foreign Legion | Affairs of the Region | Freyport Armory ]

I'm a former N&I RP Mentor, not very active these days but feel free to reach out if I can help with anything!

"When you have power, use it to build people, not constrict them."-Bertrand Russell
"I destroy my enemies when I make them my friends."-Abraham Lincoln


Duderology - The Study of Duder.
16:08 GHawkins I continue to be amazed by Aq's ability to fuck up his own name.

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Thu Sep 01, 2011 3:21 pm

OOC : post coming up around tomorrow.. School's draining my soul...
The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
El Bondel
Diplomat
 
Posts: 904
Founded: Jun 05, 2011
Ex-Nation

Postby El Bondel » Thu Sep 01, 2011 6:39 pm

Corporation Name:The International Stock Market
Nation of Origin:The Galactic Republic Of Bondel
Majority Shareholder or Chairman:Internationally Owned.Nationally Owned.
Chief Finance Officer: Mitch Rosweld

Product/Service Provided:Stock Points
Year's Profit:89,190,192,190,173,279,732,000,000.19 UBD
Projected Profit for Next Year: 1,192,180

Total Corporate Reserves: -9,019
Briefly describe your company:
RP Stats:[under construction]
Map of Bondel

User avatar
Alpha and Delta Pact
Envoy
 
Posts: 251
Founded: Aug 20, 2010
Ex-Nation

Postby Alpha and Delta Pact » Fri Sep 02, 2011 11:37 am

Nation Name: The New Federation of Alpha and Delta Pact
National Government Form: Federation Central Government
Minister of Finance or Equivalent: John Cay

National Central Bank: ADP Central Bank
Central Bank Head: John Cay
Please Describe the Central Bank's Role: To produce and maintain Monetary Policy, Financial Stability and to produce and issue currency.

Does your nation follow Keynesian or Neoclassical Economics?:Keynesian
Is your nation reliant on exports for economic growth?: No
Is your nation reliant on imports for a commodity?: Yes

Inflation Rate: 1.8%
Real GDP:F$30,597,474,156,296.64

Total Government Reserves:$ 5 Trillion

Unemployment Rate:13.47%

Does your nation follow an Expansionary Monetary Policy?: Yes
Does your nation follow a Concretionary Monetary Policy?:No

Does your nation face a national surplus?: No
Does your nation face a national deficit?: Yes
What is the value of the deficit (for this year) in USD?: $4.5 Billion
What are the deficit projections for next year?: $5.2 Billion

When was the last time a major change in fiscal policy occurred?: 15 Years ago
What was the result of the change?: New Government Elected

How long has the deficit/surplus lasted?: 3 Years
What is the debt to GDP ratio?: 1:9
What is the revenue to real GDP ratio?:2:2
what is the expenditure to real GDP ratio?:1:7

Has your nation every defaulted?:No
If so, how many times and when?: N/A

What is the current political climate in your nation?: Stable
Are there any signs of major dissent?: No
Is your economy expected to continue growing?: Yes Slowly
Briefly describe your economy: Mixed, Progressive and slowly growing.
DEFCON: [1][2][3]][4][5]
TERRORIST ALERT: [Critical][Severe][Substantial][Moderate][Low]

User avatar
Dungeyland
Minister
 
Posts: 3278
Founded: Aug 08, 2008
Ex-Nation

Postby Dungeyland » Sat Sep 03, 2011 6:03 am

Image
The Office of the Second Lord of the Treasury
On Behalf of Her Majesty the Queen
The Dangish Empire


Dear Sir/Madme, Euneng Ratings,

Her Majesty's Government would like to request a credit rating from Euneng Ratings. We have already been rated by Duff & Phelps, whom awarded us a AAA rating. While we were very pleased to hear of it, we would like to hear a second opinion, in order to please the media and also to assuage any other fears that the Treasury holds about our creditworthiness.

We were searching for an alternative credit ratings agency, and Euneng Ratings was recommended by no less than Duff & Phelps - itself the oldest and most favoured ratings agency, as an agency that will give an independent opinion that will be valued by a number of alternative banking choices, such as the Imperial Bank of Symphonia. To comply with Euneng Ratings, we attach our application form.




Nation Name: The Dangish Empire
National Government Form: Imperial federation with constitutional monarchy and parliamentary democracy
Minister of Finance or Equivalent: The Rt. Honourable William Osbourne MP

National Central Bank: The Royal Bank of the Dungeyland
Central Bank Head: Mervyn Bagehot, the Duke of Leckenside
Please Describe the Central Bank's Role: The Royal Bank of Dungeyland performs all the functions of a central bank, including: maintaining price stability; supporting the economic policies of the Dangish Government; stabilising inflation and securing interest rates; maintain the gold reserves; market intelligence and the issuing of bank notes. The Bank is also responsible for the regulation and supervision of the banking industry.

Does your nation follow Keynesian or Neoclassical Economics?: Primarily Neoclassical, but in times of crisis, Keynesianism is a good fallback
Is your nation reliant on exports for economic growth?: Yes
Is your nation reliant on imports for a commodity?: In about 20% of industry, yes

Inflation Rate: 3.9%
Real GDP: 294, 029, 429, 481, 981.91 USD

Total Government Reserves: 11 trillion USD

Unemployment Rate: 3.82%

Does your nation follow an Expansionary Monetary Policy?: No
Does your nation follow a Concretionary Monetary Policy?: Yes

Does your nation face a national surplus?: Yes
Does your nation face a national deficit?: No
What is the value of the surplus/deficit (for this year) in USD?: $4.6 billion USD
What are the surplus/deficit projections for next year?: +$4.9 billion USD

When was the last time a major change in fiscal policy occurred?: After the last general election, 2011, when in order to control inflation we switched to a concretionary monetary and fiscal policy (i.e., cuts)
What was the result of the change?: Growth of the economy sped up while inflation slowed

How long has the deficit/surplus lasted?: Seven years
What is the debt to GDP ratio?: 26:100, reducing because of concretionary fiscal policies
What is the revenue to real GDP ratio?: 25:100
what is the expenditure to real GDP ratio?: 18:100

Has your nation every defaulted?: Yes
If so, how many times and when?: Once, in the early 1800s following a costly war

What is the current political climate in your nation?: Support for the Government is strong, climate is stable
Are there any signs of major dissent?: No
Is your economy expected to continue growing?: Yes, it is expected to speed up
Briefly describe your economy: Export based developed economy with large industries and large services sectors





Yours faithfully,

The Rt. Honourable William Osbourne MP.
Classical liberal.
  • My nation is called the Dangish Empire, officially
  • The population is circa 500 million
  • It is an imperial federation
  • The term Dungeyland while only technically referring to one colony can be used for the entire Empire (think Holland)
  • The Dangish Empire is a constitutional monarchy, our monarch is Queen Ellen I

Factbook/Q&A
Embassy Program
Sky Corporation
If I do not reply to a post within three days, excuse me, for I am very busy nowadays. I try to update every weekend at the least.

User avatar
Doopina
Spokesperson
 
Posts: 102
Founded: Aug 22, 2011
Ex-Nation

Postby Doopina » Sat Sep 03, 2011 6:30 am

Nation Name: Republik of Doopina
National Government Form: Republik with a British Parliament type system
Minister of Finance or Equivalent: Frank Cash

National Central Bank: The Reserve Bank of Doopina
Central Bank Head: Frank Cash, Finance Minister
Please Describe the Central Bank's Role: Maintaining the gold reserves, Setting the economical policies, stabilizing inflation, increasing the interest rates and printing the bank notes.

Does your nation follow Keynesian or Neoclassical Economics?: Neoclassical
Is your nation reliant on exports for economic growth?: Yes, Exports is only just stronger
Is your nation reliant on imports for a commodity?: Yes, ^

Inflation Rate: 2.7%
Real GDP: $223,871,133,327.48 USD

Total Government Reserves: 9 Trillion USD

Unemployment Rate: 9.10%

Does your nation follow an Expansionary Monetary Policy?: No
Does your nation follow a Concretionary Monetary Policy?: Yes

Does your nation face a national surplus?: Yes
Does your nation face a national deficit?: no
What is the value of the surplus/deficit (for this year) in USD?: $255,862,010.54 USD
What are the surplus/deficit projections for next year?: ^$300 Million USD

When was the last time a major change in fiscal policy occurred?: At the fall of communism in the nation, Going from a Socialist to a Capitalist State
What was the result of the change?: Sudden boom in the exports, GDP went up dramatically, Unemployment rate fell as did inflation.

How long has the deficit/surplus lasted?: 9 years (Still going)
What is the debt to GDP ratio?: 25:100
What is the revenue to real GDP ratio?: 32:100
what is the expenditure to real GDP ratio?: 26:100

Has your nation every defaulted?: Yes
If so, how many times and when?: During the whole communist era (1919 - 2001)

What is the current political climate in your nation?: Support for Prime Minister James Rellori is strong, Voted in three times and is youngest, Liberal Party owns 95% of Parliament
Are there any signs of major dissent?: No
Is your economy expected to continue growing?: Yes, Its expected to keep growing as new products coming out continue to grow.
Briefly describe your economy: Exports make just more than we spend of Imports, Mainly private industry now with the Government only selling what they find dangerous in the wrong hands.
Factbook
http://forum.nationstates.net/viewtopic.php?f=23&t=135938

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Sat Sep 03, 2011 5:21 pm

Image


To : Senders of Submitted Applications
From : Chief Credit Analyst Teukim Dongshin

Subject : Credit Ratings



Dear Sir/Madam

The following are the decisions made by the analysts of Euneng Ratings and made with the smallest infractions of neutrality possible. If found unacceptable for any reason, Euneng Ratings recommends that the unsatisfied party file a complain or appeal which will then be looked over again.

We thank you for your time and cooperation and hope that we become the most trusted credit agency of choice in the NS World.

The Empire of Riemaia - AA
  • An excellent fiscal record as well as an expanding surplus, Riemaia is one of the best examples of financial examples in the NS community.
The Royal Cmmonwealth of -Bederich- - AA
  • An excellent fiscal record as well as an expanding surplus coupled with absolutely no debt, -Bederich- is one of the best examples of financial examples in the NS community.
The Armed Republic of Aquitayne - A+
  • Though the government budget is within surplus and is expected to continue in its surplus, it cannot be forgotten that The Armed Republic of Aquitayne's economy is as of current recovering from a seemingly massive economic downfall with unemployment at 14% which may affect the ability to maintain financial commitments. But The Armed Republic of Aquitayne's government reserves nonetheless seemingly will be able to handle any major financial crisis.
The New Federation of Alpha and Delta Pact - A+
  • In a reversal from its past decision of rating The New Federation of Alpha and Delta Pact as BB, Euneng Ratings has acknowledged the fact that The New Federation of Alpha and Delta Pact, due to its relatively small surplus and debt along with general financial health, that a higher rating is deserved. But due to The New Federation of Alpha and Delta Pact's high unemployment rate, we are unable to give The New Federation of Alpha and Delta Pact an AA rating.
The Dangish Empire - AA
  • Due to a small surplus, large government reserves, and stable economic conditions, The Dangish Empire nonetheless presents some risk due to the prominence of it's export oriented economy. With international market potentially volatile at any given moment, the ability to maintain financial commitments nonetheless will remain strong in Euneng's opinion and sees no reason for a lower rating.
Republik of Doopina - Undetermined
  • A huge government reserve that is larger then the GDP of the nation is questionable and due to such information, Euneng Ratings may not form a decision.


The Empire of Riemaia - A+
  • An excellent fiscal record as well as an expanding surplus, Solm is an excellent example of good financial health.
The Royal Cmmonwealth of -Bederich- - A+
  • An excellent fiscal record as well as an expanding surplus coupled with absolutely no debt, -Bederich- is one of the best examples of financial examples in the NS community.
The Armed Republic of Aquitayne - A+
  • With massive government reserves and large surplus, Euneng Ratings sees no reason that Aquitayne's government will not be able to maintain financial commitments.
The New Federation of Alpha and Delta Pact - A
  • We maintain The New Federation of Alpha and Delta Pact rating as A, The New Federation of Alpha and Delta Pact most likely will not default in any commitments made within a year, but high unemployment will greatly hinder The New Federation of Alpha and Delta Pact's ability to maintain financial if a major turn of economic events were to occur.
The Dangish Empire - AA
  • Due to a small surplus, large government reserves, and stable economic conditions, The Dangish Empire provides an excellent investment opportunity for under a year.
Republik of Doopina - Undetermined
  • A huge government reserve that is larger then the GDP of the nation is questionable and due to such information, Euneng Ratings may not form a decision.


Riemakora Heavy Industries - AA
  • An excellent fiscal record as well as an expanding profit coupled with being a national automotive and arms producer, Riemakora Heavy Industries is an excellent example of good financial health.
The International Stock Market - Undetermined
  • Due to the questionable nature of the information given.


Riemakora Heavy Industries - A+
  • An excellent fiscal record as well as an expanding profit coupled with being a national automotive and arms producer, Riemakora Heavy Industries is an excellent example of good financial health.
The International Stock Market - Undetermined
  • Due to the questionable nature of the information given.

The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
Sensal
Ambassador
 
Posts: 1409
Founded: Apr 18, 2010
Ex-Nation

Postby Sensal » Sat Sep 03, 2011 9:47 pm

Fizbar wrote:Fizbar wishes to appeal the ratings given to both its long term and short term debts. We'd like to point out that while our overall debt-to-gdp ratio is moderately large and needs to be kept under control, our deficit stands at only about 2% of gdp, which is frankly insignificant. Given that our economy grows around 3% a year, a single year of growth should erase that deficit.

Image


To : Minister of Finance Kroden
From : Chief Credit Analyst Teukim Dongshin

Subject : Credit Rating



Dear Kroden, Minister of Finance

As we have received your appeal for the change of both short term and long term sovereign ratings, Euneng Ratings has reviewed both cases and has come to the following conclusion.

Though claims are valid that the deficit is to turn into a surplus within the following fiscal year, it must be noted that Fizbar most likely maintains it's formerly oil heavy based economy which could be considered unstable. Also due to the heavy amounts of foreign investment which have drove economic growth, it is assumed that given unfavorable economic conditions foreign investment will dry resulting in the stagnation of the economy.

For short term ratings, it should be noted that Fizbar will not have the ability to maintain financial commitments as it will be in a deficit throughout this fiscal year. Euneng Ratings will also once again reiterate the fact that as of current Fizbar's economic prosperity is dependent on favorable economic conditions.

We hope that Fizbar is satisfied with this explanation and Euneng Ratings will be glad to once again look over its case.

We thank you for your time and cooperation and hope that we become the most trusted credit agency of choice in the NS World.
The Imperial Republic of Sensal
Domain of His Royal and Imperial Highness Gyungi Younghyun

Capital - Hanyang
Population - 60,531,000
GDP(PPP) - 4.74 trillion USD
Demonym - Sensalian

User avatar
El Bondel
Diplomat
 
Posts: 904
Founded: Jun 05, 2011
Ex-Nation

Postby El Bondel » Sun Sep 04, 2011 12:04 pm

Corporation Name:Bondel Arms Industries
Nation of Origin:The Grand Republic Of Bondel
Majority Shareholder or Chairman:Government Owned
Chief Finance Officer:Mick Rods

Product/Service Provided:Military Weapons and Vehicles
Year's Profit: $100,810,179,280 UBD
Projected Profit for Next Year: $900,000,000+ UBD

Total Corporate Reserves:8,000,000
Briefly describe your company:We sell high class military weapons and vehicles
RP Stats:[under construction]
Map of Bondel

User avatar
Machina Haruspex
Minister
 
Posts: 3151
Founded: Jan 13, 2005
Inoffensive Centrist Democracy

Postby Machina Haruspex » Sun Sep 04, 2011 8:26 pm

Nation Name: The Sovereign Imperium of Machina Haruspex
National Government Form: Imperialist Military Autocracy
Minister of Finance or Equivalent: Thei'de Kantra Velven

National Central Bank: National Bank of Pax Machinica
Central Bank Head: Kaorin Huat Jargo Vlos
Please Describe the Central Bank's Role:
Maintaining the nations long-term financial integrity is a first priority, on which it's secondary task of is to act as an intergovernmental organization of central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks." It is not accountable to any national government other then that of the Sovereign Imperium. The NBPM carries out its work through subcommittees, the secretariats it hosts, and through its annual General Meeting of all members. It also provides banking services, but only to central banks, or to international organizations like itself.

Does your nation follow Keynesian or Neoclassical Economics?: Keynesian
Is your nation reliant on exports for economic growth?: No
Is your nation reliant on imports for a commodity?: No

Inflation Rate:
Real GDP: $343,498,153,353,102.19 HCr

Total Government Reserves: $193,123,831,911,020.01

Unemployment Rate: 3.29%

Does your nation follow an Expansionary Monetary Policy?:
Does your nation follow a Concretionary Monetary Policy?:

Does your nation face a national surplus?: Yes, we have a surplus.
Does your nation face a national deficit?: No
What is the value of the surplus/deficit (for this year) in USD?: (Surplus) $9,275,575,309,902.15
What are the surplus/deficit projections for next year?: To grow perahps .8-1%

When was the last time a major change in fiscal policy occurred?: Last year as we regulated the role of the NBPM in regards to it's organization of other lesser banking estabishments.
What was the result of the change?: A more fluid response time between foreign banking institutions and our own home grown establishments concerning profit reflections.

How long has the deficit/surplus lasted?: Seven years of surplus.
What is the debt to GDP ratio?: .027
What is the revenue to real GDP ratio?: $393,203,032,992,000.06 - (GDP) $343,498,153,353,102.19
what is the expenditure to real GDP ratio?: $334,222,578,043,200.06 - (GDP) $343,498,153,353,102.19

Has your nation every defaulted?: No
If so, how many times and when?: N/A

What is the current political climate in your nation?: As it should be, it is a time of peace and order.
Are there any signs of major dissent?: There is a military action taking place beyond our borders.
Is your economy expected to continue growing?: Yes
Briefly describe your economy:
A frightening private sector is led by the Arms Manufacturing industry, followed by Uranium Mining and Information Technology. Furthermore, the sovereign imperium's main industries are that of mining and extractive industries producing coal, oil, gas, chemicals, and metals; all forms of machine building from rolling mills to high-performance aircraft and space vehicles; defense industries including radar, missile production, and advanced electronic components, shipbuilding; road and rail transportation equipment; communications equipment; agricultural machinery, tractors, and construction equipment; electric power generating and transmitting equipment; medical and scientific instruments; consumer durables, textiles, foodstuffs, handicrafts.

Adapability is the main key note towards industry within the imperium and as such it is able to rise and fall accordingly with the nature of the international community as well as domestically to keep it's profits coming as well as maintain the living style that it's citizenry enjoy.
Ranked 100th in the world for Economic Output
Ranked 115th in the world for Safety
Marshite Military Assessment: VI



User avatar
Yuktova
Postmaster-General
 
Posts: 11882
Founded: Feb 09, 2011
Ex-Nation

Postby Yuktova » Sun Sep 04, 2011 8:59 pm

Nation Name: Yuktova
National Government Form: Communist Direct Democracy
Minister of Finance or Equivalent: Premier Gergory Stal

National Central Bank: National Yuktovan Bank (NYB)
Central Bank Head: Union Head Dmitri Olkan
Please Describe the Central Bank's Role: The NYB provides credits, loans and discounts on loans for workers/shareholders.

Does your nation follow Keynesian or Neoclassical Economics?: Keynesian, most of our GPD comes from the Public Sector.
Is your nation reliant on exports for economic growth?: Yes
Is your nation reliant on imports for a commodity?: Sometimes, but we mainly produce our own goods.

Inflation Rate:
Real GDP: 24.85 thousand Credits

Total Government Reserves: 27.48 trillion Credits

Unemployment Rate: 6.9%

Does your nation follow an Expansionary Monetary Policy?: No
Does your nation follow a Concretionary Monetary Policy?: Yes

Does your nation face a national surplus?: No
Does your nation face a national deficit?: Yes
What is the value of the surplus/deficit (for this year) in USD?: 1 USD = 1.24 Credits
What are the surplus/deficit projections for next year?: 1 USD = 0.75 Credits

When was the last time a major change in fiscal policy occurred?: After Communism slightly waned in Yuktova, Capitalistic legislature was more popular. This ended shortly, however, after inequality rose.
What was the result of the change?: Increase in monetary value of the Credit. This will decrease, however, as the government shall take strong anti-business positions.

How long has the deficit/surplus lasted?: Around a few months.
What is the debt to GDP ratio?: $29.54 trillion (a decrease of six trillion dollars)
What is the revenue to real GDP ratio?: 28.50 trillion Credits
what is the expenditure to real GDP ratio?: 26.1 billion CR (CR means Credits)

Has your nation every defaulted?: Yes
If so, how many times and when?: Twice

What is the current political climate in your nation?: Communist Direct Democracy. Word around the street is that Premier Gregory Stal may become Premier-For-Life...
Are there any signs of major dissent?: Some objections from Capitalists, but these are silenced quickly.
Is your economy expected to continue growing?: It is predicted to shrink due to pro-nationalized businesses.
Briefly describe your economy: Yuktovan economics are mainly controlled by the government. The government oversees all business transactions and is very anti-capitalist.
Last edited by Yuktova on Sun Sep 04, 2011 9:05 pm, edited 1 time in total.
I'm Morrissey... Nice to meet you.
Goldsaver said: This is murder, not a romantic date!

PreviousNext

Advertisement

Remove ads

Return to Global Economics and Trade

Who is online

Users browsing this forum: European Federal Union, Kaldamea, The united American-Isreali empire

Advertisement

Remove ads