Economy of Genevra
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Foreign & Domestic Economics
Foreign Imports/Exports
The Grand Duchy of Genevra, though small and landlocked, engages in many far-flung trade relations that bring great wealth to the small European nation. These trade relations are particularly prevalent with esteemed members of the Simcity Journal Union. The table at the left shows these many existing agreements, with the some of the most lucrative being held with the Dominion of Wales, the Grand Duchy of Vercelli and the Savoyard Confederation. While through trade Genevra gains access to some if its most valuable and vital resources, the nation also has strong domestic industries, including large oil drilling and refining on île de la Guinée as well as banking and financial services centralized in the city of Lafayette (all domestic industries are outlined below). This page presents a complete economic profile on the Grand Duchy.
Economic Statistics
Currency: the Ùnio
Gross Domestic Product
$156.34 billion
per capita, $121,619
Population Breakdown
◊ Work Force
74%, ~951,261
◊ Unemployment
2.3%, ~29,566
◊ Impoverished
1.2%, ~15,425
Largest Industries
1. Oil Refining
2. Financial Services
3. Agriculture
Inflation Rate: .13%
Economic System
Genevra operates under an economic system combining elements of both a corporatist and capitalist model with state regulation. Almost all industries and services are privately owned, funded and operated; however, each sector of the economy is divided into a guild (such as the oil refining guild, agricultural guild, etc.) which is composed of each and every licensed corporation in that particular sector. The members of the guild then come together to discuss policy as well as prices and wages while still adhering to government regulations that are uniquely applied to each sector. The most important function of the guilds is to come together to form the Lower House of Parliament, giving representatives of the guilds power in the political sphere to propose, debate and vote on laws. The political influence of the Lower House, however, is greatly curtailed compared to that of the House of Peers, which is made up of elected officials. The purpose of the Lower House is to maintain an equilibrium on legislation and ensure that economic concerns are well represented in the political process.
