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Bharbosian Economic Liberalization

Where nations come together and discuss matters of varying degrees of importance. [In character]
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Bharbosia
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Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Bharbosian Economic Liberalization

Postby Bharbosia » Sun Feb 05, 2023 5:32 pm

For many years the Bharbosian government has run the economy under the principles of state capitalism with private business under the control of the state and operated for profit, this has happened due to the negative reputation both communism and capitalism have had from the far left and far right governments the nation had during the cold war. However, while the system showed promise upon first being implemented in recent times the country's economy has begun to stagnate making the current president Ernst Pröll consider implementing liberal reforms to the economy in order to keep it growing, so the president has turned to the international community in order to seek help for how to go about this, the president is willing to accept most changes but wishes to make it clear he will not implement massive reforms such as a complete and sudden privatization of state owned industries and also wishes to make it clear these will not include any liberal reforms in the government. We at the government of Bharbosia thank you in advance for your assistance.
Last edited by Bharbosia on Sun Feb 05, 2023 5:34 pm, edited 1 time in total.

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Regnum Alea Spaceflee
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Posts: 1384
Founded: Dec 02, 2022
Psychotic Dictatorship

Postby Regnum Alea Spaceflee » Sun Feb 05, 2023 5:34 pm

Listen here you little shit!
Why is Emperor Nero in a red dress?
Must be
Fate./Extra Last Encore
Sometimes I'm glad Adam and Eve ate the apple.

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 5:35 pm

Regnum Alea Spaceflee wrote:Listen here you little shit!

I apologize that our attempts to avoid stagnation and recession have offended you

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Regnum Alea Spaceflee
Ambassador
 
Posts: 1384
Founded: Dec 02, 2022
Psychotic Dictatorship

Postby Regnum Alea Spaceflee » Sun Feb 05, 2023 5:36 pm

Bharbosia wrote:
Regnum Alea Spaceflee wrote:Listen here you little shit!

I apologize that our attempts to avoid stagnation and recession have offended you

You know you could have asked for a loan or smthn, right? I would happily give you money without needing payment.
Why is Emperor Nero in a red dress?
Must be
Fate./Extra Last Encore
Sometimes I'm glad Adam and Eve ate the apple.

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 5:39 pm

Regnum Alea Spaceflee wrote:
Bharbosia wrote:I apologize that our attempts to avoid stagnation and recession have offended you

You know you could have asked for a loan or smthn, right? I would happily give you money without needing payment.

That would be a temporary fix, simply injecting money into us would only prolong the period we would have before we hit stagnation, we need to implement changes to our system that will allow it to grow on its own, we aren't going to completely forfeit state control just implement a few changes

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Regnum Alea Spaceflee
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Posts: 1384
Founded: Dec 02, 2022
Psychotic Dictatorship

Postby Regnum Alea Spaceflee » Sun Feb 05, 2023 5:41 pm

Bharbosia wrote:
Regnum Alea Spaceflee wrote:You know you could have asked for a loan or smthn, right? I would happily give you money without needing payment.

That would be a temporary fix, simply injecting money into us would only prolong the period we would have before we hit stagnation, we need to implement changes to our system that will allow it to grow on its own, we aren't going to completely forfeit state control just implement a few changes

How about you go about it slowly like going from a Socialist Economy to Planned Economy
Why is Emperor Nero in a red dress?
Must be
Fate./Extra Last Encore
Sometimes I'm glad Adam and Eve ate the apple.

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 5:45 pm

Regnum Alea Spaceflee wrote:
Bharbosia wrote:That would be a temporary fix, simply injecting money into us would only prolong the period we would have before we hit stagnation, we need to implement changes to our system that will allow it to grow on its own, we aren't going to completely forfeit state control just implement a few changes

How about you go about it slowly like going from a Socialist Economy to Planned Economy

OOC: What my nation has now would likely count as a planned economy, my policies are only set as socialist because NS only has socialism or capitalism for economic policies

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Regnum Alea Spaceflee
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Posts: 1384
Founded: Dec 02, 2022
Psychotic Dictatorship

Postby Regnum Alea Spaceflee » Sun Feb 05, 2023 5:47 pm

Bharbosia wrote:
Regnum Alea Spaceflee wrote:How about you go about it slowly like going from a Socialist Economy to Planned Economy

OOC: What my nation has now would likely count as a planned economy, my policies are only set as socialist because NS only has socialism or capitalism for economic policies

OOC: Ah but still go through with my plan, Planned Economy to Semi-Market (I.E they need a license to own private property)
Why is Emperor Nero in a red dress?
Must be
Fate./Extra Last Encore
Sometimes I'm glad Adam and Eve ate the apple.

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 5:50 pm

Regnum Alea Spaceflee wrote:
Bharbosia wrote:OOC: What my nation has now would likely count as a planned economy, my policies are only set as socialist because NS only has socialism or capitalism for economic policies

OOC: Ah but still go through with my plan, Planned Economy to Semi-Market (I.E they need a license to own private property)

Yes that was the plan, not go full market but allow some reforms to the economy, for your property idea maybe something like what current Myanmar does with foreigners owning land but across the full country. They can pay the government so they can temporarily rent a piece of land with a guarantee it can't be taken while they own it?

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Parai Hambriven
Attaché
 
Posts: 91
Founded: Feb 05, 2022
Anarchy

Postby Parai Hambriven » Sun Feb 05, 2023 5:51 pm

We recommend relaxation of corporate codes and taxation, so that it is easier for existing companies to operate and grow and easier for new private companies to form.
Federation of Parai Hambriven
Official Founding: 1821 (Republic) 1824 (Federation)
Leader: President Rosa Moranez | Libertarian Party / Partido Libertario

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Regnum Alea Spaceflee
Ambassador
 
Posts: 1384
Founded: Dec 02, 2022
Psychotic Dictatorship

Postby Regnum Alea Spaceflee » Sun Feb 05, 2023 5:55 pm

Bharbosia wrote:
Regnum Alea Spaceflee wrote:OOC: Ah but still go through with my plan, Planned Economy to Semi-Market (I.E they need a license to own private property)

Yes that was the plan, not go full market but allow some reforms to the economy, for your property idea maybe something like what current Myanmar does with foreigners owning land but across the full country. They can pay the government so they can temporarily rent a piece of land with a guarantee it can't be taken while they own it?

OOC: I think that sounds good
Why is Emperor Nero in a red dress?
Must be
Fate./Extra Last Encore
Sometimes I'm glad Adam and Eve ate the apple.

User avatar
Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 5:56 pm

Parai Hambriven wrote:We recommend relaxation of corporate codes and taxation, so that it is easier for existing companies to operate and grow and easier for new private companies to form.

Very well maybe we can have special free enterprise zones in cities where they can operate under low very relaxed regulations and with stuff like introductory tax rates to encourage them to invest?

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New Visayan Islands
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Posts: 9462
Founded: Jan 31, 2017
Inoffensive Centrist Democracy

Postby New Visayan Islands » Sun Feb 05, 2023 5:57 pm

Regnum Alea Spaceflee wrote:Listen here you little shit!

Given history, we’re going straight to *** warning for spam and flaming. *** A veneer of roleplay is no excuse for violating the Rules.

New Visayan Islands
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My TGs are NOT for Mod Stuff.

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El Lazaro
Negotiator
 
Posts: 6003
Founded: Oct 19, 2021
Left-wing Utopia

Postby El Lazaro » Sun Feb 05, 2023 7:28 pm

Esteemed President Ernst Pröll,

The United Provinces of El Lazaro congratulates Republic of Bharbosia on its decision to modernize and acknowledges that a cautious approach is the most prudent. While our ideals stand in contrast, I believe both of us agree on the value of a strong and prosperous homeland. As the duly elected representative of the Senate of the Republic, I would like to cooperate with you to aid the welfare of the Bharbosian and Lazarene peoples. Accordingly, I would like to outline how we can proceed, provided you accept my offer.

El Lazaro has a unique ability to assist Bharbosia; shared economic sectors and similar historical issues mean we’ve already had and addressed the challenges you face today. Mineral wealth extraction, automobile manufacturing, electronics, and even textile production are all Lazarene specialities; our industrial sector is one of the finest and most advanced of its kind. Should you receive Lazarene equipment and professional training, both production and quality will allow for a strong and domestically owned manufacturing base. Foreign capitalists will bleed less profit from the economy, and skilled, satisfied workers will make the nation wealthy.

The next area of concern is corruption. It undermines confidence in the economy and drains investments and government spending alike when left untamed. There are no simple solutions, but Lazarene anti-corruption initiatives have been markedly successful and left us with a wealth of knowledge and expertise in the subject. If given compensation to cover operating costs and necessary jurisdiction to pursue it, I am confident our personnel can relieve your economy of a significant burden.

The final one is modest and open ended. If you are willing to host them, you will receive a team of economic advisors to aid the improvement of Bharbosia’s macroeconomic indicators and assist with structural reforms. We will cover all related expenses and provide a security detail if it is acceptable.

With an overview of business out of the way, I have sent a few gestures of gratitude for your willingness to open up to nations such as El Lazaro. They are as follows: a handpicked selection of my favorite Lazarene coffee blends (and one I grew myself—please tell me if it’s any good), some authentic pinolillo mix if you’re not a coffee man (it’s a kind of chocolate drink but better, instructions for making it are included), gold and silver jewelry with excellent craftsmanship, and an antique M1908 Mondragón rifle.

With cordial regards,
Prime Minister Aldo Moreno

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Bharbosia
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Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 7:59 pm

El Lazaro wrote:
Esteemed President Ernst Pröll,

The United Provinces of El Lazaro congratulates Republic of Bharbosia on its decision to modernize and acknowledges that a cautious approach is the most prudent. While our ideals stand in contrast, I believe both of us agree on the value of a strong and prosperous homeland. As the duly elected representative of the Senate of the Republic, I would like to cooperate with you to aid the welfare of the Bharbosian and Lazarene peoples. Accordingly, I would like to outline how we can proceed, provided you accept my offer.

El Lazaro has a unique ability to assist Bharbosia; shared economic sectors and similar historical issues mean we’ve already had and addressed the challenges you face today. Mineral wealth extraction, automobile manufacturing, electronics, and even textile production are all Lazarene specialities; our industrial sector is one of the finest and most advanced of its kind. Should you receive Lazarene equipment and professional training, both production and quality will allow for a strong and domestically owned manufacturing base. Foreign capitalists will bleed less profit from the economy, and skilled, satisfied workers will make the nation wealthy.

The next area of concern is corruption. It undermines confidence in the economy and drains investments and government spending alike when left untamed. There are no simple solutions, but Lazarene anti-corruption initiatives have been markedly successful and left us with a wealth of knowledge and expertise in the subject. If given compensation to cover operating costs and necessary jurisdiction to pursue it, I am confident our personnel can relieve your economy of a significant burden.

The final one is modest and open ended. If you are willing to host them, you will receive a team of economic advisors to aid the improvement of Bharbosia’s macroeconomic indicators and assist with structural reforms. We will cover all related expenses and provide a security detail if it is acceptable.

With an overview of business out of the way, I have sent a few gestures of gratitude for your willingness to open up to nations such as El Lazaro. They are as follows: a handpicked selection of my favorite Lazarene coffee blends (and one I grew myself—please tell me if it’s any good), some authentic pinolillo mix if you’re not a coffee man (it’s a kind of chocolate drink but better, instructions for making it are included), gold and silver jewelry with excellent craftsmanship, and an antique M1908 Mondragón rifle.

With cordial regards,
Prime Minister Aldo Moreno


"To Prime Minister Aldo Moreno, We thank you for your opportunity to us, we will gladly accept to the terms you set out in your letter, we will gladly receive Lazarene equipment and training and are willing to pay you handsomely for such services, though we would like to clarify what you mean by domestically owned, are you talking about our normal state capitalist system or transferring it to more local production? Secondly, we will be willing to accept implementing your anti-corruption initiatives and are willing to cover the costs associated with it however we would also like some more clarification on the specifics of these initiatives. Lastly, we are willing to host the economic advisors to assist in dealing with our macroeconomic issues and assist in structural reform though as with the previous agreement we would like some more clarification on what exactly will be done to fix these issues, a security detail coming with them is acceptable. I will accept that antique rifle, I happen to be an ardent fan of anything related to history so that seems like a fine gift."-President Ernst Pröll

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Marquisaria
Political Columnist
 
Posts: 3
Founded: Feb 04, 2023
Ex-Nation

Postby Marquisaria » Sun Feb 05, 2023 8:31 pm

Bharbosia wrote:Very well maybe we can have special free enterprise zones in cities where they can operate under low very relaxed regulations and with stuff like introductory tax rates to encourage them to invest?

Since the Bharbosian government has made it clear it only wants to pursue minor reforms, Marquisaria recommends trade liberalization. The reduction of tariffs and import/export controls to better integrate Bharbosia into the world economy, decrease prices for the average Bharbosian, and make even it's state-owned enterprises more efficient. However the gains from trade liberalization and Free Economic Zones will only go so far. They may very well end Bharbosia's current economic stagnation, but to truly put Bharbosia on the path to prosperity more radical reforms, including increased civil rights, will be required. Nevertheless, Marquisaria wishes nothing but the best for the Bharbosian people, and hopes the Bharbosian government will make the right decision and launch a far more ambitious series of reforms than what is currently planned.
Last edited by Marquisaria on Sun Feb 05, 2023 8:32 pm, edited 1 time in total.

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Bharbosia
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Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 8:39 pm

Marquisaria wrote:
Bharbosia wrote:Very well maybe we can have special free enterprise zones in cities where they can operate under low very relaxed regulations and with stuff like introductory tax rates to encourage them to invest?

Since the Bharbosian government has made it clear it only wants to pursue minor reforms, Marquisaria recommends trade liberalization. The reduction of tariffs and import/export controls to better integrate Bharbosia into the world economy, decrease prices for the average Bharbosian, and make even it's state-owned enterprises more efficient. However the gains from trade liberalization and Free Economic Zones will only go so far. They may very well end Bharbosia's current economic stagnation, but to truly put Bharbosia on the path to prosperity more radical reforms, including increased civil rights, will be required. Nevertheless, Marquisaria wishes nothing but the best for the Bharbosian people, and hopes the Bharbosian government will make the right decision and launch a far more ambitious series of reforms than what is currently planned.

We are willing to sign free trade agreements with any nation that offers, we aknowledge that this is good for the economy, and we are willing to do so with any nation that follows through on their trade with us.

We may be willing to introduce more radical reforms in the future however we feel that implementing large reforms all at once in our current situation would not be in the best interest of Bharbosia and plan on opening up to those reforms at a later date when the current reforms are in place. However, we do not plan to follow up these reforms with an increase in civil rights.

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Marquisaria
Political Columnist
 
Posts: 3
Founded: Feb 04, 2023
Ex-Nation

Postby Marquisaria » Sun Feb 05, 2023 8:46 pm

Bharbosia wrote:We are willing to sign free trade agreements with any nation that offers, we aknowledge that this is good for the economy, and we are willing to do so with any nation that follows through on their trade with us.

We may be willing to introduce more radical reforms in the future however we feel that implementing large reforms all at once in our current situation would not be in the best interest of Bharbosia and plan on opening up to those reforms at a later date when the current reforms are in place. However, we do not plan to follow up these reforms with an increase in civil rights.

Marquisaria has always followed a policy of unilateral free trade, and would be delighted if Bharbosia was to reciprocate and remove any tariffs they have on Marquisarian goods.

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Bharbosia
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Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 8:49 pm

Marquisaria wrote:
Bharbosia wrote:We are willing to sign free trade agreements with any nation that offers, we aknowledge that this is good for the economy, and we are willing to do so with any nation that follows through on their trade with us.

We may be willing to introduce more radical reforms in the future however we feel that implementing large reforms all at once in our current situation would not be in the best interest of Bharbosia and plan on opening up to those reforms at a later date when the current reforms are in place. However, we do not plan to follow up these reforms with an increase in civil rights.

Marquisaria has always followed a policy of unilateral free trade, and would be delighted if Bharbosia was to reciprocate and remove any tariffs they have on Marquisarian goods.

Of course, Bharbosia will be happy to have free trade with another country, since Marquisaria already has a unilateral free trade policy there's no need for any agreement like we normally do

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Marquisaria
Political Columnist
 
Posts: 3
Founded: Feb 04, 2023
Ex-Nation

Postby Marquisaria » Sun Feb 05, 2023 8:55 pm

Bharbosia wrote:Of course, Bharbosia will be happy to have free trade with another country, since Marquisaria already has a unilateral free trade policy there's no need for any agreement like we normally do

To free and mutually beneficial trade!

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El Lazaro
Negotiator
 
Posts: 6003
Founded: Oct 19, 2021
Left-wing Utopia

Postby El Lazaro » Sun Feb 05, 2023 10:20 pm

Bharbosia wrote:
El Lazaro wrote:
Esteemed President Ernst Pröll,

The United Provinces of El Lazaro congratulates Republic of Bharbosia on its decision to modernize and acknowledges that a cautious approach is the most prudent. While our ideals stand in contrast, I believe both of us agree on the value of a strong and prosperous homeland. As the duly elected representative of the Senate of the Republic, I would like to cooperate with you to aid the welfare of the Bharbosian and Lazarene peoples. Accordingly, I would like to outline how we can proceed, provided you accept my offer.

El Lazaro has a unique ability to assist Bharbosia; shared economic sectors and similar historical issues mean we’ve already had and addressed the challenges you face today. Mineral wealth extraction, automobile manufacturing, electronics, and even textile production are all Lazarene specialities; our industrial sector is one of the finest and most advanced of its kind. Should you receive Lazarene equipment and professional training, both production and quality will allow for a strong and domestically owned manufacturing base. Foreign capitalists will bleed less profit from the economy, and skilled, satisfied workers will make the nation wealthy.

The next area of concern is corruption. It undermines confidence in the economy and drains investments and government spending alike when left untamed. There are no simple solutions, but Lazarene anti-corruption initiatives have been markedly successful and left us with a wealth of knowledge and expertise in the subject. If given compensation to cover operating costs and necessary jurisdiction to pursue it, I am confident our personnel can relieve your economy of a significant burden.

The final one is modest and open ended. If you are willing to host them, you will receive a team of economic advisors to aid the improvement of Bharbosia’s macroeconomic indicators and assist with structural reforms. We will cover all related expenses and provide a security detail if it is acceptable.

With an overview of business out of the way, I have sent a few gestures of gratitude for your willingness to open up to nations such as El Lazaro. They are as follows: a handpicked selection of my favorite Lazarene coffee blends (and one I grew myself—please tell me if it’s any good), some authentic pinolillo mix if you’re not a coffee man (it’s a kind of chocolate drink but better, instructions for making it are included), gold and silver jewelry with excellent craftsmanship, and an antique M1908 Mondragón rifle.

With cordial regards,
Prime Minister Aldo Moreno


"To Prime Minister Aldo Moreno, We thank you for your opportunity to us, we will gladly accept to the terms you set out in your letter, we will gladly receive Lazarene equipment and training and are willing to pay you handsomely for such services, though we would like to clarify what you mean by domestically owned, are you talking about our normal state capitalist system or transferring it to more local production? Secondly, we will be willing to accept implementing your anti-corruption initiatives and are willing to cover the costs associated with it however we would also like some more clarification on the specifics of these initiatives. Lastly, we are willing to host the economic advisors to assist in dealing with our macroeconomic issues and assist in structural reform though as with the previous agreement we would like some more clarification on what exactly will be done to fix these issues, a security detail coming with them is acceptable. I will accept that antique rifle, I happen to be an ardent fan of anything related to history so that seems like a fine gift."-President Ernst Pröll

Dear Mr. President Ernst Pröll,

I am happy to hear you appreciate our offers. I would recommend maintaining some privately owned, local businesses to compete alongside foreign and state-owned companies, though it is just an option on the table as of now. I am, in all honesty, not highly knowledgeable on most of these topics. Appointed officials will be assuming most of my responsibilities once a delegation to Bharbosia has been established. I can summarize the major points as described by my colleagues.

Anti-Corruption
Electronic records and monitoring systems, bureaucratic oversight, private sector conflict-of-interest monitoring, public outreach and anonymous informant services, legal system improvements, funding for investigations and audits, black market crackdowns, and preventing interference with anti-corruption efforts.

Macroeconomic Goals
Higher income and productivity, decreasing inflation, lower tax burden, and controlled unemployment increases.

Structural Reform
Streamlining function of legal, taxation, and regulatory systems without changing overall goals. Additional options include major changes in competition, economic priorities, and service allocation.

From what I surmise, this may be difficult, and short-term costs will be necessary for long-term benefits. The important part is to not leave the people behind in the pursuit of reforms. In the market economy, the state, the economy, and the people are all partners; none of them work without the support of the other two. A miserable populace is as much of a threat to the economy as a weak and dysfunctional state. I hope you will consider this and continue to be careful about the pace at which you implement reforms.

On a similar note, specific information for our advisors to work off of would be much appreciated. I thank you again for your cooperation and amicable responses.

Kind regards,
PM Moreno
Last edited by El Lazaro on Mon Feb 06, 2023 12:01 am, edited 1 time in total.

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Vertillia
Bureaucrat
 
Posts: 51
Founded: Sep 28, 2022
Ex-Nation

Postby Vertillia » Sun Feb 05, 2023 10:21 pm

We would like to negotiate a trade deal.

Our primary industries are cattle, retail, and tourism, and I feel we would have plenty to offer for you.
Nation’s views are NOT representative of my political views IRL, although some views may or may not match. Will NOT disclose which views specifically.

NS stats (civil rights/economy/political freedoms) mostly NOT canon. There are some civil rights and liberties and political freedoms in Vertillia but the government is mostly authoritarian, especially when it comes to immigration, climate change, crime, and punishment.

More info coming soon!

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sun Feb 05, 2023 10:25 pm

Vertillia wrote:We would like to negotiate a trade deal.

Our primary industries are cattle, retail, and tourism, and I feel we would have plenty to offer for you.

Very well those sound acceptable to me, Bharbosia could always use more food from livestock imports, could we interest you in a free trade agreement between the two of us?

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Southeast Marajarbia
Post Marshal
 
Posts: 18969
Founded: Mar 21, 2021
Moralistic Democracy

Postby Southeast Marajarbia » Sat Feb 11, 2023 11:50 am

The Marajarbian Government decided to condemn this as nothing more than greedy Bharbosian politicians seeking to get rich by harming the lives of innocent civilians.
Just a regular old II Superpower nation, and large scale trading empire that likes to have fun! You (the reader) can find me all over II nowadays, so I suggest having a chat.

Some NS stats are not canon. Nation represents some (not all) of my RL views

Join I&II (An NS news thread open to everybody and anybody) here: viewtopic.php?f=5&t=525784

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Bharbosia
Envoy
 
Posts: 238
Founded: Feb 02, 2023
Ex-Nation

Postby Bharbosia » Sat Feb 11, 2023 12:02 pm

Southeast Marajarbia wrote:The Marajarbian Government decided to condemn this as nothing more than greedy Bharbosian politicians seeking to get rich by harming the lives of innocent civilians.

Ah yes greedy politicians trying to get rich off this, that's why we accepted help with an anti-corruption program

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