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by Fizbar » Tue Aug 23, 2011 1:27 pm
by Izarius » Tue Aug 23, 2011 1:53 pm
by Creselia » Tue Aug 23, 2011 3:43 pm
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:
by Sensal » Tue Aug 23, 2011 3:59 pm
by Fedriya » Tue Aug 23, 2011 4:11 pm
by Sensal » Thu Aug 25, 2011 3:48 pm
by El Bondel » Thu Aug 25, 2011 4:09 pm
by The City State Rhydin » Sat Aug 27, 2011 4:53 pm
by Darmen » Sat Aug 27, 2011 5:40 pm
by Sensal » Sat Aug 27, 2011 8:57 pm
by Sensal » Sun Aug 28, 2011 3:58 pm
by Fizbar » Sun Aug 28, 2011 6:03 pm
by Riemaia » Mon Aug 29, 2011 1:02 am
by -Bederich- » Mon Aug 29, 2011 12:25 pm
by Aquitayne » Mon Aug 29, 2011 12:40 pm
"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
by Sensal » Thu Sep 01, 2011 3:21 pm
by El Bondel » Thu Sep 01, 2011 6:39 pm
by Alpha and Delta Pact » Fri Sep 02, 2011 11:37 am
by Dungeyland » Sat Sep 03, 2011 6:03 am
by Doopina » Sat Sep 03, 2011 6:30 am
by Sensal » Sat Sep 03, 2011 5:21 pm
by 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.
by El Bondel » Sun Sep 04, 2011 12:04 pm
by Machina Haruspex » Sun Sep 04, 2011 8:26 pm
by Yuktova » Sun Sep 04, 2011 8:59 pm
Goldsaver said: This is murder, not a romantic date!
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