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Help on economics

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Starfire Islands
Political Columnist
 
Posts: 3
Founded: Sep 01, 2016
New York Times Democracy

Help on economics

Postby Starfire Islands » Mon Sep 05, 2016 7:58 pm

So, my nation's economy is classified as "reasonable" and I wanna improve it, but I don't have the least of clues on how to do it, so, can anybody please help me? I'm kinda new here, so I don't know much about the management part of this. Thanks in advance :)

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Bilanda
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Founded: Oct 14, 2014
Ex-Nation

Postby Bilanda » Tue Sep 06, 2016 1:32 pm

Subsidize industry. And it's possible to have a good economy without destroying the environment too. You might need to make /some/ environmental sacrifices to get your economy going, but once it's on an upward trend there are many different ways that'll come so you can have both a good environment /and/ economy.

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Almonaster Nuevo
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Founded: Mar 11, 2007
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Postby Almonaster Nuevo » Wed Sep 07, 2016 10:00 am

If you want my advice - do not subsidize industry. It goes straight on to your tax bill and slows growth. You end up with a bloated government, and when you later try to pare that back, the subsidised industries collapse.

Gambling is pretty much directly linked to crime and black market. If those are a concern, then don't promote gambling.

When one industry grows, the others shrink a little - you can't avoid that. Choose moderate pro-business options and over time things will improve.
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Starfire Islands
Political Columnist
 
Posts: 3
Founded: Sep 01, 2016
New York Times Democracy

Postby Starfire Islands » Wed Sep 07, 2016 6:11 pm

Bilanda wrote:Subsidize industry. And it's possible to have a good economy without destroying the environment too. You might need to make /some/ environmental sacrifices to get your economy going, but once it's on an upward trend there are many different ways that'll come so you can have both a good environment /and/ economy.

Kay, I'm trying, but I fucked up really bad because I didn't let corporations have a say in politics and my economy fell from "Reasonable" to just "Fair" and now I'm a bit desperate :shock: lol

Almonaster Nuevo wrote:If you want my advice - do not subsidize industry. It goes straight on to your tax bill and slows growth. You end up with a bloated government, and when you later try to pare that back, the subsidised industries collapse.

Gambling is pretty much directly linked to crime and black market. If those are a concern, then don't promote gambling.

When one industry grows, the others shrink a little - you can't avoid that. Choose moderate pro-business options and over time things will improve.


No gambling has come up so far, but if it did, I wouldn't have that much trouble with it. There's not that much crime in my country, so I think I could spare a little security in favor of a better economy. And about industry subsidize, I can't remember and don't know how to check if I subsidized industry or not, but I thhhinnk I didn't...
Last edited by Starfire Islands on Wed Sep 07, 2016 9:41 pm, edited 1 time in total.

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Beam nation
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Posts: 6
Founded: Apr 30, 2012
Ex-Nation

Postby Beam nation » Thu Sep 08, 2016 10:47 pm

I agree with not subsidising businesses. Allow corporations to do wtv they want and the economy will become better.

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The Interstellar Federation
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Posts: 1342
Founded: May 09, 2016
Ex-Nation

Postby The Interstellar Federation » Fri Sep 30, 2016 9:29 pm

Promote capitalistic economics and soon your economy will raise to a level where you can implement environmental policies that won't affect your economy much.
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