Organisation for Economic Advancement

[Virana]

Yohannes, perhaps a mistake in the OP in the list of storefronts. "Energizia" is right in the middle of all the D's.

that last sentence has waay too many sexual innuendos.

[Sondstead]

Well, I figure if anyone is going to read this it'd be you guys, so...

[United Earthlings]

Well, I figure if anyone is going to read this it'd be you guys, so...

Read it, my vote and hope is that the People's Assembly votes a resounding No. If only for the following reason..."His party wants the OEA to have a role in improving humanitarian aid program from the developed to the developing worlds, and they aren't confident it will."



Yeah, I don't think so, the Commonwealth {Kingdom} already tried that and it was an utter failure. And unlike some we do learn from our mistakes...

Let's stick to what works...integrating diverse markets into the world economy.

After all, I thought we were about Economic Advancement and Progress.

[Mizialand]

Well, I figure if anyone is going to read this it'd be you guys, so...

I don't mean to point out errors but the first line of the news report says "On Tuesday, Kristinä Lindkwist confirmed that the government was going ahead with her plan to join the Organisation for Economic Advancement". The Oxford Dictionary defines government as "the group of people with the authority to govern a country or state; a particular ministry in office:". A government includes more than one person, so the use of pronoun 'her' is incorrect. It is unclear whether 'her' refers to Kristina or the government but I assumed it refers to the government.

I agree with your Agriculture Minister. The Prime Minister should re-consider joining this organisation. In the simplest terms, it will be harmful for your agriculture based economy.

[Maltropia]

I don't mean to point out errors but the first line of the news report says "On Tuesday, Kristinä Lindkwist confirmed that the government was going ahead with her plan to join the Organisation for Economic Advancement". The Oxford Dictionary defines government as "the group of people with the authority to govern a country or state; a particular ministry in office:". A government includes more than one person, so the use of pronoun 'her' is incorrect. It is unclear whether 'her' refers to Kristina or the government but I assumed it refers to the government.

Well, unless it's her plan that the government is following, which I think is what's being said here.

[Mizialand]

I don't mean to point out errors but the first line of the news report says "On Tuesday, Kristinä Lindkwist confirmed that the government was going ahead with her plan to join the Organisation for Economic Advancement". The Oxford Dictionary defines government as "the group of people with the authority to govern a country or state; a particular ministry in office:". A government includes more than one person, so the use of pronoun 'her' is incorrect. It is unclear whether 'her' refers to Kristina or the government but I assumed it refers to the government.

Well, unless it's her plan that the government is following, which I think is what's being said here.

But is she not the head of the government - her plan is the government's plan; she represents the government's view. She is the executive and her plan, or to be more accurate - the government's plan must be passed by the Legislation. "Her plan" sounds a bit, non-democratic as if she had not consulted the Council of Ministers and its 'her' exclusive plan.

[Vitaphone Racing]

Here's an idea, OOC of course.

Why don't we just buy shit from each other's stores? Market growth achieved, at least one goal of this organisation is met and everyone is happy.

[Aurora Confederacy]

Here's an idea, OOC of course.

Why don't we just buy shit from each other's stores? Market growth achieved, at least one goal of this organisation is met and everyone is happy.

vital phone, what a fantastic idea given I have just put a pair of new models on the road

[Aurora Confederacy]

Well, unless it's her plan that the government is following, which I think is what's being said here.

But is she not the head of the government - her plan is the government's plan; she represents the government's view. She is the executive and her plan, or to be more accurate - the government's plan must be passed by the Legislation. "Her plan" sounds a bit, non-democratic as if she had not consulted the Council of Ministers and its 'her' exclusive plan.

mizialand, its a press report, ever thaught that errors in grammar etc are MEANT to be there, as since when have you known a news report to get the facts right?

[Sondstead]

After all, I thought we were about Economic Advancement and Progress.

"Economic Advancement and Progress" doesn't include advancement and progress in poorer countries?

I agree with your Agriculture Minister. The Prime Minister should re-consider joining this organisation. In the simplest terms, it will be harmful for your agriculture based economy.

I wouldn't say we have an agriculture-based economy — I haven't actually thought in-depth about what percentage of GDP and employment various sectors make up, but probably not much more than any other developed economy — but the Centre Liberals I should point out have a significant agrarian base. Basically I'm trying to set up some of the factionalism Yohannes was talking about, with some in the government pushing to protect agricultural tariffs or subsidies or to push the OEA more towards a moral position rather than just an economic one.

But is she not the head of the government - her plan is the government's plan; she represents the government's view. She is the executive and her plan, or to be more accurate - the government's plan must be passed by the Legislation. "Her plan" sounds a bit, non-democratic as if she had not consulted the Council of Ministers and its 'her' exclusive plan.

OOCly, yeah, maybe I could've worded that differently. ICly that may be what Nortau is saying, seeing as he isn't on Lindkwist's side on this. That's my excuse.

[ViZion]

This might be of interest to some of you...

The Economic Pages

ViZion World Corporation CEO Killed in Blast

3/11/13
By: Amy Roth

Vitalita, ViZion - Another day, another tragedy in ViZion. Chief Executive Officer of ViZion World Corporation, Jack Smith, has been reported killed by a blast while on his way home. ...

[Maltropia]

Aaaand ViZion goes suicidal in 3... 2...

[Akimonad]

Is this the part where ViZion stops contributing to global commerce?

[ViZion]

Not completely, no... but it'll have a ripple effect for certain on ViZionarian impact globally for a time being. Not to mention, a 15 year old kid CEO of VWC could be interesting. Not 100% sure where I am going to take this, but we'll see.

[Sondstead]

And yet more worrying news about the economy.

Well, four steps backwards and another forward, but on the whole not good.

[The Akasha Colony]

My MT identity (Carthage) would be interested. My lone storefront at the moment is also interested. Been looking for an excuse to get involved in some economic action and start putting some ideas I had about Carthage's economy down.

[Of the Quendi]

Here's an idea, OOC of course.

Why don't we just buy shit from each other's stores? Market growth achieved, at least one goal of this organisation is met and everyone is happy.

OOC: In addition to this storefront and market centered initiative (which I support) I would like to suggest a more state centric idea for promoting economic prosperity and integration between the OEA economies. I propose that we each submit an overview over the main export and import articles of our economies and then make state purchases, as well as storefront purchases, with each other.

[San Pellegrino Romana]

Yohannes, perhaps a mistake in the OP in the list of storefronts. "Energizia" is right in the middle of all the D's.

that last sentence has waay too many sexual innuendos.

OOC: How ironic, since I like the D's...anyways, yes it did have too many sexual innuendos

[United Earthlings]

"Economic Advancement and Progress" doesn't include advancement and progress in poorer countries?

Not when said countries become dependent on said aid and their economies are slowly reduced into a form of debt slavery.

Instead of aid, taking from just one RL example, we could offer Microloans instead to encourage local businesses within said countries.

If the business succeeds it creates local jobs and new market opportunities as well as providing a living wage for its employees as well as profit for its owners to allow investment to expand the business or invest in other sectors.

The Country/Government that issued the loan gets a return on their investment, I.E. makes a profit.

A Win-Win...and one more step toward progress.

---

In addition...as quoted from your most recent SRR Sondstead World post...

"Agricultural policy was the major stumbling block for the Centre Liberals, with fears that OEA membership would mean the abolition of grain and milk tariffs and a subsequent backlash from the party's agrarian base, and concerns remained even after the Prime Minister vowed that she would "rationalise, but not remove" trade barriers"

I don't see what the big problem is, so you abolish tariffs. Just reverse course then and do the opposite, subsidies for the grain and dairy farms. That should pacify your party's agrarian base quite nicely. In fact, I'm surprised the Centre Liberals haven't/didn’t lobbied/lobby for subsidies yet especially as a condition for their support in approving membership to join this organization.

[Macedonian Grand Empire]

Well to be honest growth in some countries has been the result of borrowing on a grand scale but it is not how much you borrow but how you spend it. Some countries may spend it on wages for the administration or retirement funds. Some other countries may spend it on development of the infrastructure or micro loans as it said. We as an organization could set up the "Bank for sustainable economic advancement" (could not find a more suitable name) and use the bank to give loans to the countries that we will decide where to go. Some may go for agriculture, others for infrastructure and so on. One of the demands for those loans would be that the countries follow strict guidelines about what they can and can't do.

This is just my opinion. What do you think about that?

[Of the Quendi]

Well to be honest growth in some countries has been the result of borrowing on a grand scale but it is not how much you borrow but how you spend it. Some countries may spend it on wages for the administration or retirement funds. Some other countries may spend it on development of the infrastructure or micro loans as it said. We as an organization could set up the "Bank for sustainable economic advancement" (could not find a more suitable name) and use the bank to give loans to the countries that we will decide where to go. Some may go for agriculture, others for infrastructure and so on. One of the demands for those loans would be that the countries follow strict guidelines about what they can and can't do.

This is just my opinion. What do you think about that?

Sound a bit like the IMF or the World Bank. Seems a fine idea to me as long as monetary contribution is left up to the individual states.

Also bump?

[Lamoni]

I would suggest that at least part of the focus of this bank be going to micro-loans, which have been proven to help those on the low end of the socio-economic ladder. Several small companies have been created thanks to micro-loans.

[New Tarajan]

Well to be honest growth in some countries has been the result of borrowing on a grand scale but it is not how much you borrow but how you spend it. Some countries may spend it on wages for the administration or retirement funds. Some other countries may spend it on development of the infrastructure or micro loans as it said. We as an organization could set up the "Bank for sustainable economic advancement" (could not find a more suitable name) and use the bank to give loans to the countries that we will decide where to go. Some may go for agriculture, others for infrastructure and so on. One of the demands for those loans would be that the countries follow strict guidelines about what they can and can't do.

An interesting proposal.
But obviously there are risks, as said by Quendi, that the Bank will be a sort of IMF or World Bank.
I believe all members of the OEA will never let their countries to fall under the jurisdiction of a bureaucratic giant without any guarantee.
I propose to carefully study a Statute for the Bank, and submit it to the unanimous vote of all member nations.

[Ceni]

I would like to join this venerable institution.

[Macedonian Grand Empire]

I would suggest that at least part of the focus of this bank be going to micro-loans, which have been proven to help those on the low end of the socio-economic ladder. Several small companies have been created thanks to micro-loans.

agreed but a grand internatinal instituon can not do such a think.The way that those loans go is by the comercial banks into the country that will analisy and recive requests and send them to the Bank for aproval and the bank itself will make its own avaluation and get to a decision about it.If it is accepted the money are forwarded to the bank and the bank gives the loan in the name of our Grand bank so to say.We can make a special capital plan to how much % go to what kind of operations.

New tarajan i agree with you on that.There are risk but in the modern banking there is no such thing as no risk.