[TWI ONLY] Trade Board

[Mubaru]

Currency
Name of currency: Mubassirian Dollar
Symbol of currency: ‡ (MBD)
Population: 19,203,289
GDP: 788 Billion
Poverty Line: (Household of One: ‡14,720 Household of Two: ‡21,000 Household of Three: ‡25,100 Household of Four (Avg.): ‡30,320 Household of Five: ‡35,500 Household of Six: ‡40,900 Household of Seven: ‡45,800 Household of Eight: ‡51,150)
Average debt per citizen: ‡4,580
Average Savings per citizens: ‡6,874
Policies on inflation: The Royal Finance Committee presides over the monetary policy in Mubaru. The RFC, influences inflation by changing monetary policy (i.e Interest rates, Short-term/Long-term loan rates, selling and buying of bonds, ect.) The monetary policy in Mubaru changes over time, and information is not always available to the public, which sometimes causes a volatile market. The RFC seeks to maintain an inflation rate of 3% over time, and changes monetary policy according to the financial conditions as they change.
Policies on Business: The Kingdom of Mubaru encourages businesses run by catholic citizens, and gives tax breaks and subsidies to catholic, and non-for profit businesses in the Healthcare industry to promote catholic hospitals/wellness centers/ect. The Kingdom leaves all policy regarding business conduct to the respective districts, but this policy is monitored by the RFC. In this sense, there are large barriers to entry in the Kingdom, and most entrepreneurs must fit social and economic standards to succeed in the business world of Mubaru. Any new business must file with the RFC and obtain a socially acceptable fictitious business name to operate under. The RFC restricts monopolization by giving loans to smaller businesses, however maintains that the industries lead by the Royal Families of Mubaru, are superior in practice.
Policies on Banking: The RFC monitors banking heavily in the Kingdom, and if any bank is to provide a loan to a non-catholic business, the loan request must first be approved by the RFC. Loan policies are strict, and the RFC monitors all banking activity of certain businesses that do not fit the "social or economic standards of acceptable business practice in Mubaru" (i.e Predominately Islamic Businesses and households, Businesses that deal with foreign investors.)
Other Policies on currency:
Strongest Industries: Mining, Maritime Engineering (Ship Building/Breaking), Medicine/Pharmaceuticals.

[Dansawae]

Currency
Name of currency: Xhendal
Symbol of currency: ♃ (XH)
Population: 19,430,800
GDP: 551,420 Million USD
Poverty Line Under 2% (Percentage of population living on less than 1.25 USD per day)
Average debt per citizen: 8,000 USD (low, thanks to preventive education)
Average Savings per citizens: 39,000 USD (most Dansaw keep money for emergencies or crisis)
Policies on inflation: Controlated by the government, influenced by the economic growth, inflation rate doesn't surpass 2% and is often negative (deflation)
Policies on Business: About 7% of Dansawae industries are nationalized, and the governement exonerates a big number of sectors, and is a major shareholder in most Dans'auw FTNs (15% or more)
Policies on Banking: Dansawae's government strongly recommends that banks do not lend money to clients that haven't got more than 58.9786942289909% of possibilities of paying back (ever since the Subprimes Crisis in 2008), and supports small banks in order to keep bigger banks from becoming really powerful. Other than that the government doesn't interfere much.
Other Policies on currency: Dans'auw government encourages the use of debit cards instead of credit cards and the use of cash and checks instead of debit cards.
Strongest Industries: Automobilistic, liquor, power, farmaceutical and aeronautics industries

[Linaviar]

Currency
Name of currency: Kiov
Symbol of currency: Ϡ (KOV)
Population: 16.873 million
GDP: $USD 345.9 billion
Poverty Line $USD 8,000
Average debt per citizen: $USD 12,000
Average Savings per citizens: $USD 10,000
Policies on inflation: Inflation target is 2.5% ± 1.00%
Policies on Business: Very open. Regulations focus on environmental controls and private anti-trust policies. The utilities, healthcare, education, and arms manufacturing are government-controlled industries.
Policies on Banking: Very tightly controlled
Other Policies on currency: None
Strongest Industries: Agriculture, Fishing, Mining, Steel Manufacturing, Automobile Manufacturing.

[The Pacific Peace Union]

National Form
Nation's Official Name: Democratic Republic of The Pacific Peace Union
Economical Factbook: http://www.nationstates.net/nation=the_pacific_peace_union/detail=factbook/id=433089
Type of Economy: Capitalist
Openness to Trade: [10]
Major Exports: Information Technology (IT), Crude Oil, Medical Equipment, Pharmaceuticals, Precious Metals, Gems, Fruit and Nuts, Fashion/Cosmetics, Fish, Tea
Major Imports: Food Products, Vehicles, Steel, Plastics, Military equipment

[Randmar]

National Form
Nation's Official Name: Democratic Republic of The Pacific Peace Union
Economical Factbook: http://www.nationstates.net/nation=the_pacific_peace_union/detail=factbook/id=432154
Type of Economy: Capitalist
Openness to Trade: [10]
Major Exports: nformation Technology (IT), Petroleum Oil, Medical Equipment, Pharmaceuticals, Precious Metals, Fruit and Nuts, Clothing/Fashion, Fish, Tea
Major Imports: Many farm grown foods I.e. Vegtabels, grains, Vehicles, Meat (beef, pork, poultry), Steel, Cosmetics, Plastics, Military equipment

Nation name:Evilelo
Economical Factbook:None
Type of Economy:Mixed Economy
Openness to Trade:100
Major Exports:Info technology,Arms Manufacturing,Book Publishing and Woodchip Exports
Major Imports:Financial outsourcing

Please put this in the correct format available here and on the OP, it saves me a lot of trouble.

Also Please read the OP before using this tool, 100 is not a number between 1 and 10.

Code: Select all

[u]National Form[/u]
[b]Nation's Official Name:[/b]
[b]Economical Factbook:[/b]
[b]Type of Economy:[/b]
[b]Openness to Trade: [  ][/b]
[b]Major Exports:[/b]
[b]Major Imports:[/b]
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Just click the select all button then use your mouse to copy and paste.

[Verdon]

National Form
Nation's Official Name: Republica Verdonians
Economical Factbook: Scroll down to "Economy"
Type of Economy: Regulated Capitalism
Openness to Trade: [7]
Major Exports: Food, Luxury Foods & Spices, GMOs, Dyes, Wax, Cloth, Electronics, Bioremediation Technology, Emissions Scrubbers
Major Imports: Refined oil products, Rubber, Base Metals, Rare Metals, Chemicals, Paints, Plastics
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[Verdon]

Currency
Name of currency: Verdonian Dollar
Symbol of currency: V
Population: 18,492,000
GDP: 637 billion USD
Poverty Line 10,800 (Single, no dependents)
Average debt per citizen: 7,800
Average Savings per citizens: 5,900
Policies on inflation: Central bank sets symmetrical inflation target of 2.15%. Controlled through setting interest rate, reserve requirements, and, supply of currency.
Policies on Business: Smaller businesses are favored both in taxes and regulations. Environmental policy invokes strict regulation on secondary sector industries (manufacturing).
Policies on Banking: Banks are free market, but heavily monitored for following Central Bank regulations.
Other Policies on currency: Cent coins are minted for 5, 15, and 40 cents only
Strongest Industries: Agriculture, Textiles, Tech Services, Tourism

[The Pacific Peace Union]

Does anyone else think a region wide currency would be a good idea? It could also be a secondary currency, where the nation could accept their current as well as the regional currency. I'd be willing to make a dispatch for it.

[Peretozka]

Does anyone else think a region wide currency would be a good idea? It could also be a secondary currency, where the nation could accept their current as well as the regional currency. I'd be willing to make a dispatch for it.

The Western Isle Gem?

[Randmar]

Does anyone else think a region wide currency would be a good idea? It could also be a secondary currency, where the nation could accept their current as well as the regional currency. I'd be willing to make a dispatch for it.

My own nation would be against a regional currency that encompasses itself, just because they rely so much on their currency to control their economy. To even make a regional currency a secondary currency would diminish their control, so under no circumstances would they be open to a regional currency.

Now onto the OOC stuff such as the impact of a regional currency which most other people will take issue with. The biggest reason this idea has been shot down before is because it allows recessions to ripple through all the interconnected economies which can damage the stability of peoples nations. Alongside this you loose the advantage of multiple types of currencies, namely the inflation being adjusted to each individual nations circumstance. Because each of our nations operate under different financial principles that range the gauntlet from completely communism to laissez faire capitalism, having a single currency to cover different situation can be difficult. Lastly, there is a degree of autonomy that is loss and no all nations are willing to surrender the autonomy to foreigners or boards.

As to how to implement it if you still wish to go with it, and I do recommend you go with it just because its a interesting point to roleplay about. I would think taking it before the league or establish some Trade union which has a single currency like the EU would be a good idea.

[Cyborg Liberonscien]

Currency
Name of currency:
Symbol of currency:
Population:
GDP:
Poverty Line
Average debt per citizen:
Average Savings per citizens:
Policies on inflation:
Policies on Business:
Policies on Banking:
Other Policies on currency:
Strongest Industries:

[Doppler]

Currency
Name of currency: Dopp
Symbol of currency: <D>
Population: 53,000,000
GDP: 926.3 Billion
Poverty Line 14,000
Average debt per citizen: 9,000
Average Savings per citizens: 20,000
Policies on inflation: Keep inflation at the 2% mid point of an inflation-control target range of 1-3.
Policies on Business: Very few private industries and more industrises are nationalized.
Policies on Banking: Heavy monitoring on banking and maintains who can take out money and how much.
Other Policies on currency: None
Strongest Industries: Crude Oil, Arms (Weapons), Aircraft parts, Concrete, Rubber, Seafood

[Gwent and Dyfed]

National Form
Nation's Official Name: The Kingdom of Gwent and Dyfed
Economical Factbook: https://www.nationstates.net/nation=gwe ... /id=436993
Type of Economy: Mixed economy
Openness to Trade: [ 10 ]
Major Exports: Agriculture goods, mining - ore and minerals and weapon manufacturing
Major Imports: Crude oil, military goods, Technological goods, furniture any other good not mentioned
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[The Catholic States Of Caden]

I was thinking of starting a trade bureau that would involve some of the smaller less well off economies within the region to better help increase our overall power. The only downside is that bigger, stronger nations will be exempt from joining.

[Randmar]

I was thinking of starting a trade bureau that would involve some of the smaller less well off economies within the region to better help increase our overall power. The only downside is that bigger, stronger nations will be exempt from joining.

What is your definition of bigger and stronger.

What would this trade bureau do and how will it help those that join it?

[The Catholic States Of Caden]

The Nation of The Republic of The Catholic States Of Caden provide that they pledge religious allegiance to Laude Mousa IV in exchange for The Kingdom of Mubaru's aid in our Catholic businesses, as well as dissolve any and all trade restrictions that may have existed between our nations and stimulate said trade.

What will be traded on top of this is indeed, Not yet decided and will be discussed as of this time. But it can be expected that it will benefit both economies effectively.

[Dashgrinaar]

National Form
Nation's Official Name: Dashgrinaar
Economical Factbook:http://www.nationstates.net/nation=dashgrinaar/detail=factbook/id=437343
Type of Economy: Capitalist
Openness to Trade: [10]
Major Exports: Fish, Pearls, Information Tech, Wheat and RIce, Copper
Major Imports:Banking,
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[Dashgrinaar]

Currency
Name of currency: Valiari
Symbol of Currency: îVî
Population: ~10 million
GDP: ~568.7 billion
Poverty Line: 8,000 îVî
Average debt per citizen: 6,000 (Over age 18)
Average Savings per citizens: 20,000 (Over age 18)
Policies on inflation: Creation of currency is strictly regulated by the government. Seeks a maximum of 2% inflation a year
Policies on Business: All businesses are allowed, except for those selling illegal products. Environmental policies are reinforced heavily
Policies on Banking: Banking is encouraged, though most banks are Tuernian. Security of money is provided by the government
Other Policies on currency: 1 Art is 1/100 of a Valiari (like a cent). 1, 5, 20, and 50 Art coins are minted, as are 1, 2, and 5 Valiari coins.
Strongest Industries: Tourism, Fishing, Pearl/Jewlry

[Kamieniec Podolski]

National Form
Nation's Official Name: Kamieniec Podolski
Economical Factbook: here
Type of Economy: Compassionate Capitalism
Openness to Trade: [8]
Major Exports: Firearms, contract kilers, livestock.
Major Imports: Construction materials, science.
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Currency
Name of currency: Złoty
Symbol of currency: $
Population: 20.5
GDP: 525.9 billion USD (131.475 billion Złoties)
Poverty Line None
Average debt per citizen: 10,000 Złoties
Average Savings per citizens: 40,000 Złoties
Policies on inflation: The Złoty is tied to the gold standard.
Policies on Business: Pro-business.
Policies on Banking: Very regulated.
Other Policies on currency: The government is very anti-debt.
Strongest Industries: Agriculture, arms dealing, livestock. Someday genetics.

-Note to Randmar

The Złoty is worth roughly 4 US dollars.

[Randmar]

Currency
Name of currency: Złoty
Symbol of currency: $
Population: 20.5
GDP: 525.9 billion USD (131.475 billion Złoties)
Poverty Line None
Average debt per citizen: 10,000 Złoties
Average Savings per citizens: 40,000 Złoties
Policies on inflation: The Złoty is tied to the gold standard.
Policies on Business: Pro-business.
Policies on Banking: Very regulated.
Other Policies on currency: The government is very anti-debt.
Strongest Industries: Agriculture, arms dealing, livestock. Someday genetics.

I need a poverty line to determine the at home purchasing power of your dollar.

---

In other news I proudly present the first set of exchange rates pegged to the Nationstates dollar, these are the rates of everyone who has applied for this program. IF you think there is something off about this numbers and you would like to know more please ask, if you have evidence for why they should be higher please talk to me, if you think their fine then feel free to use them. These were primarily based on the purchasing power of your dollar with some consideration given to your various policies and how well cash flowed(This was the biggest kicker for most of you, high savings and low debt meant capital was stuck in the banks.)

The NSD Standard

Randmar Dollar(-R-) = 0.96 | Svalbard Polar(=P=) = 0.80 | Jamaar Writ(Ɉ) = 0.96 | Jyen(₹)= 0.84 | Zagorias(ठ) = 1.09 | Mubassrian Dollar (‡)= 1.04 |*Xhendal (♃)= 0.88 *| Kiov(Ϡ) = 0.98 | Verdonian Dollar(V) = 1.01 |Dopp(<D>)= 0.81 | Valliari(îVî) = 0.81 | Złoty (-Z-) = ??? |

[Linaviar]

The NSD Standard
An exchange rate for the various currency's around the islands

Randmar Dollar(-R-) = 0.96 | Svalbard Polar(=P=) = 0.80 | Jamaar Writ(Ɉ) = 0.96 | Jyen(₹)= 0.84 | Zagorias(ठ) = 1.09 | Mubassrian Dollar (‡)= 1.04 |*Xhendal (♃)= 0.88 *| Kiov(Ϡ) = 0.98 | Verdonian Dollar(V) = 1.01 |Dopp(<D>)= 0.81 | Valliari(îVî) = 0.81 | Złoty (-Z-) = ??? |

These exchange rates are set to the Nationstates Dollar or NSD, so one Randmar Dollar can be converted in 96 cents in NSD and from there it can be traded in for 1.04 Zagorias. What this means is that this scale does not show the value of one Randmar Dollar to one Jamaar writ or any other currency, please keep this in mind.

Something tells me that the conversion example is worded wrongly. Let me go through this quickly.
-R- 1 = $NSD 0.96
ठ1.04 = $NSD 0.96 -> ठ1.09 ~= $NSD 1.00?

So in your example, -R- is given as -R- 1 = $NSD x, but the other is given as $NSD 1 = ठx

Which conversion method is being used? $NSD 1 to x of the given currency or 1 of the given currency to $NSD x? I personally find the former more intuitive and think that it should be used, but with the way that you worded it some clarification is needed as the chart's conversion method isn't consistent in your example.

[Dansawae]

The NSD Standard

Randmar Dollar(-R-) = 0.96 | Svalbard Polar(=P=) = 0.80 | Jamaar Writ(Ɉ) = 0.96 | Jyen(₹)= 0.84 | Zagorias(ठ) = 1.09 | Mubassrian Dollar (‡)= 1.04 |*Xhendal (♃)= 0.88 *| Kiov(Ϡ) = 0.98 | Verdonian Dollar(V) = 1.01 |Dopp(<D>)= 0.81 | Valliari(îVî) = 0.81 | Złoty (-Z-) = ??? |

How much is the NSD worth? I have made my currency to be about 0.85 of an USD, so I would be much pleased if the NSD ressembles the USD

[Democratic Socialist Republic Segentova]

National Form
Nation's Official Name: Democratic Socialist Republic Segentova
Economical Factbook: http://www.nationstates.net/nation=demo ... /id=417749
Type of Economy: Regulated free-market
Openness to Trade: [ 6 to 8, arround 7 ]
Major Exports:Agricultural-products (beef, wine, fruits and vegetables) Industrial-production (IT, cars, small-arms and payloads)
Major Imports: Metals, rubber, etc.
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Currency
Name of currency: Libre
Symbol of currency: -LB
Population: 47million
GDP: 9.11 trillion
Poverty Line: N/A
Average debt per citizen: N/A
Average Savings per citizens: N/A
Policies on inflation: The most widely-practiced policies on inflation in the DSRS are taking money out of circulation, aswell as loosening up regulations on buisness and austerity on the side of the government
Policies on Business: Lare buisnesses in Segentova tend to be STRICTLY regulated, if they slip up ever so slightly they may be fined large ammounts and may even be reorganized by the government. Small and Medium buisness is much LESS regulated and liberal, the authorities seek for a policypromoting many small-scale buisnesess as well as strictly preventing larger buisnesess to get to big.
Policies on Banking: Banking is STRICTLY regulated by the government, banks are split between between Personal and National banks. While personal banks are your avrege national "day-to-day" banks, national banks operate on a different level and solley focus on the level of large buisnesses and on a governmental basis
Other Policies on currency: The Segentovain government has a anti stance when it comes to regional currencys.
Strongest Industries: Tourism, Agriculture, Manufactury,IT

[Randmar]

Something tells me that the conversion example is worded wrongly. Let me go through this quickly.
-R- 1 = $NSD 0.96
ठ1.04 = $NSD 0.96 -> ठ1.09 ~= $NSD 1.00?

So in your example, -R- is given as -R- 1 = $NSD x, but the other is given as $NSD 1 = ठx

Which conversion method is being used? $NSD 1 to x of the given currency or 1 of the given currency to $NSD x? I personally find the former more intuitive and think that it should be used, but with the way that you worded it some clarification is needed as the chart's conversion method isn't consistent in your example.

Alright I resolved a core issue if you hand a teller 1.04-R- you could receive 1.00 NSD or the stated amount in any other currency.

How much is the NSD worth? I have made my currency to be about 0.85 of an USD, so I would be much pleased if the NSD ressembles the USD

The NSD worth is around the USD but it is special in the regards that it does not fluctuate like the USD making it a perfect if unrealistic standard. The above Standard is useful to establish a single currency rate rather than a single currency having a dozen exchange rates with others.

[Polar Svalbard]

Randmar, also remember my economic fact book has taken a swing