Economy of Izaland
This page is about the economy of Izaland.
- Main article: Izaland
Economy of Izaland | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
social-market economy | ||||||||||||||||
Currency | Etsi (Ė) | |||||||||||||||
Monetary authority | Izakis kinnyūn ðaimubu (華國ᒢ 金融財務部) | |||||||||||||||
GDP (PPP) | 2022 estimate | |||||||||||||||
• Total | $6.8 trillion | |||||||||||||||
• Per capita | $58,474 | |||||||||||||||
HDI (2020) | 0.924 very high | |||||||||||||||
Principal exports | Electronics, Services, financial products, transport equipment, machinery | |||||||||||||||
Principal imports | Oil, food, machinery, chemicals, raw materials | |||||||||||||||
Industries and sectors | ||||||||||||||||
| ||||||||||||||||
Exports Main export partners Imports Main import partners | 825.30 billion USD (2022) Federal States Kojo Suria Belphenia Plevia Demirhanlı Devleti Pyeokchin Cinasia Bai Empire 779,21 billion USD (2022) Kojo Pyeokchin Mazan Gobrassanya Majesia Federal States Pasundan P. Ruoguovvás Latina | |||||||||||||||
Wealth inequality index | 30.2 (2022) medium |
Izaland has a strong tertiary oriented economy focusing especially on communications, electronics, services and tourism. Izaland, in particular, was able to position itself as one of the main economic powers right after the war, certainly facilitated by the privileged position within South-Eastern Uletha and by agile economic maneuvers implemented for post-war reconstruction. Furthermore, a rich natural environment gives Izaland also an important role in agriculture and fishery, while the industrial sector is particularly active in shipbuilding and electronic parts.
The education sector is one of the engines of this economic success: a literacy rate of virtually 100%, a high percentage of the population able to speak two languages correctly (87.2% of the population is able to speak English fluently[1]) and the presence of 7 universities among the 100 best in the world allow the country to be able to count on its talents, keeping the percentage of "brain drain" low.
First sector
Although it has now been overtaken by modern sectors, the primary sector still plays an important role in the Izaki economy. The large central plains allow for sufficient land to be devoted to agriculture, and the many kilometers of coastline allow the fishing industry to flourish.
Agricolture
The areas used for agricultural use in the Izaki territory are mainly located in the continental zone, especially in the vast western plain and in the prefecture of Dōnpuku.
The northern area, due to the climate, is more suitable for the cultivation of tubers, such as potatoes, apples and other fruit trees, and wheat. By heading towards the south, thus including the few flat areas of the island of Kubori, the climate and the territory become more suitable for rice cultivation. In the southern area of he same island, given the subtropical climate, sugarcane, tea, coffee (experimentally) and tropical fruits are also cultivated. The tamoki is a tropical fruit originally from Kubori island and the main production center is the south-east coast of the island. Every year Kanlisahna hosts the international tamoki fair, where the main producer of this fruit gather and it is possible to taste the different varieties.
Livestock
In Izaland meat industry is somehow limited compared to other industrialized countries, since intensive animal farming is forbidden since the "Animal Farming New Ethics Law" (家畜新倫理法, Kachuku Shin-rinlipō) was approved in 1998 by the then minister for the environment Saeki Jurikomai, amid local farmers' protests. For this reason, most of the meat is now artificially produced via the synthetization of proteins, or by the means of soy proteins, of which Izaland is the top exporter. The research in this field has reached very high levels, and either in taste and texture, Izaland's artificial meat is considered a true substitute of real meat, and now accepted and appreciated by people. Of course, a premium meat industry is available, and satisfied by open air animal farms; this, however, makes "real meat" quite expensive in Izaland. Importation of meat is strictly regulated but allowed, and usually only meat coming from organic foreign farms is allowed (although a black market also exists).
Fishery
Fishery represents another important part of the primary sector. The fishing sector is strictly controlled in order to avoid overfishing or the imbalance of marine ecosystems. Being mostly surrounded by the sea, Izaland's cuisine also makes an extensive use of fish and seafood. The main products are the green fin tuna, mackerel, adekun and the hinsos, a specie of edible shark. Violet prawns are also a popular dish in the south of Kubori island.
Mining and Forestry
Mining and forestry sectors are fairly developed in the eastern coast of Kubori island, where coal, timber and modest quantity of gold are produced. Oil deposit are scarce, although a reserve enough to sustain the 20% of the domestic demand is located off-shore Shikarana.
Industry
Industry in Izaland nowadays has a minor importance compared to a few decades ago, due to the delocalization of heavy industries, however still now it contributes to an important part of its economy.
The main manufacture products include ships and vessels (especially fishing and cruise ones), railway cars and trainsets (mainly produced by Izaki Sharyān and Atron Railcars Manufacture, ARM) and parts for spaceships. Other important productions are semiconductor and screen panels, furniture (Izaland has a strong wooden furniture tradition, using the kamawi (梏) tree wood) and instruments for fishery and sailing (radars, engines etc).
Electronics
Izaland is primarily known around the world for its many electronics companies, including Atron Electronics, Ritsen and TBD. Atron, in particular, is one of the main dzaibos groups and alone accounts for 1.45% of the country's total exports. Liquid crystal displays and OLEDs are one of the leading sectors of Izaki high technology, and the country still remains one of the largest producers in the world.
Automotive
The automotive sector was one of the first to emerge in the Izaki economy, with the first models being produced by Shobetsuki in the 1930s. In the first post-war period, the relatively low production costs allowed producers such as TBD to acquire a greater share in the global market. The crisis of the 1990s left some illustrious victims, such as TBD, which failed during the 1994 Taishin crisis, but nonetheless, the automotive sector remains the driving force in today's Izaki economy.
Construction
Given the presence of hundreds of islands, as well as a complex orography, infrastructures such as viaducts and bridges have been of vital importance since the beginning of the industrial revolution in order to connect the country. This has led to the development of deep-rooted know-how in heavy infrastructure techniques and a high level of engineering in Izaland.
Major companies include Shobetsuki Heavy Industries and Samosāri Design.
Shibpuilding
Izaki's shipbuilding industry stands as a pillar of the nation's economic prowess, with major shipyards strategically located across the country. Notably, Kansaki Shipbuild, situated in Pewanari City near Saindzaul, spearheads the industry's advancements. The island of Sumasai, along with the ports of Chihanose and Daishin, also play crucial roles in the construction of a diverse range of vessels. Izaki shipbuilders specialize in crafting high-quality fishing vessels, naval and military ships, and luxurious cruise liners.
The industry's reputation for excellence extends beyond national borders, with a significant portion of its clientele comprising foreign military orders. Countries across Archanta and Antarephia continents rely on Izaki shipbuilding expertise, further solidifying the nation's standing in the global maritime market.
Energy
History
The beginning
The first Izaki power generation plants (at the end of the 19th century) were mainly coal-fired thermoelectric plants located within the major cities. The first power station was built in Saindzaul in 1872, on the west side of the central station. The first hydroelectric power station was built near Sannupuri by the engineer Izaki-Kojolese Asuyan Lazákom. Subsequently, the development of the national transmission network allowed the exploitation of the hydroelectric basin constituted by the Charajui mountains, and thanks to hydroelectric energy, a first slight industrial development of Izaland was possible. However, hydroelectric production alone soon no longer kept pace with the energy demand from industry, which in the meantime had entered a phase of marked development, and it was necessary to plug the electricity shortage with imports from neighboring countries and with the construction of new thermoelectric plants.
In 1941 there were over 25 private companies for the production of electricity in Izaland, including Keidyen, Nankai Dyenliki, Yenkaidyen and the SHD group, however nationalization was initiated by presidential decree with the creation, in the same year, of Kukuris Passhaidyen Kikān (國立發配電機構), or KPK, which would later merge into Hwadyen (華電), the current manager company of Izaland's power generation and distribution.
Recent years
Izaland in the last years has invested huge amounts of its economic budget in renewable resources, and as of 2020, the 87% of the produced energy comes from them. Blessed by copious amounts of water resources, most of the energy is produced by hydroelectric, photovoltaic and nuclear, and it is managed and distributed by Hwadyen Corporation, the national provider of electricity in the country.
The Izaki government was one of the pioneers in Eastern Uletha in the field of decarbonization, also thanks to the popular awareness carried out by the interventions of the young activist Yūshiki Oridota in the early 2000s.
Sources of energy production
Hydroelectric
Izaland's robust hydroelectric power production is predominantly situated in the northern Alps where abundant water resources facilitate optimal energy harnessing. Among the major hydroelectric plants, the Santaku Lake and Sanwin Lake complex in the north stand as a crucial contributor to the nation's power grid. Additionally, the Irinoen reservoir on central Kubori Island, established between 1943 and 1949, is a monumental project and one of the largest of its kind.
This strategic placement of hydroelectric facilities capitalizes on natural water sources, ensuring a steady and reliable energy output. As of 2021, Izaland's hydroelectric energy production reaches 136 billion kilowatt-hours per year, attesting to the nation's success in balancing environmental consciousness with its energy needs.
Nuclear power
Izaland has heavily invested in safe and productive nuclear electric power, and as of 2021 has 9 active plants, one in construction and two currently inactive due to renewals or upgrades.
The totality of the nuclear power plants of Kubori island are located on the western side, where there is a lower risk of calamities and tsunami, compared to the open sea exposed eastern coast.
Shin-Shikarana plant is the most powerful of the country, with a total output capacity of 6,4 Gwe.
Services
Healthcare
Izaland's healthcare system is usually ranked among the best in the world, providing free assistance to all the Izaki nationals and the foreign residents by a mixed public-private system. The government managed system is called 健康衛生維持機構, (kēnkānwesei ījikikū), often shortened as 健衛維構 kēnnweīkū (KWIK), controlled by the Ministry of Health.
General practitioners are managed and paid by the KWIK, must offer visiting time at least four days a week and have a limit of 1200 patients.
Prescription drugs can be acquired if prescribed by the family doctor, and generally subsidized, requiring only a fixed amount depending on the medicine type and on the patient income. While over-the-counter drugs (棚上薬品, katarui yakupin) can be purchased in the omnipresent drugstores, the prescription ones can only be sold in specialized shops (処方薬局, tsopō yakkyuku).
Visits by specialist or diagnostic tests are provided by public or private hospitals, and if prescribed by the family doctor require only a copay (about Є 50 ) and are free of charge for people with an income below a certain treshold.
Izaki health care focuses on disease prevention (cancer, dementia and cardio-vascular complications are the usual causes of death) and the promotion of a healthy and athletic lifestyle. Primary health care includes the preventive health care system for different age groups: maternal health care for pregnant women, for infants and children up to school age. Scholar age health care is for school-age children and student health care is for college students and young adults up to their 30th birthday.
In Izaland, in the event of illness, the employer is obliged to give his workers sick leave. An organized and comprehensive system of disease prevention and health promotion is one of the key factors for a well-functioning system and good health outcomes.
In order to minimize the burden of cardiovascular disease and obesity treatments on the state budget, Izaland has invested heavily in promoting a healthy lifestyle and sports involvement. Thanks to the Healthy lifestyle promotion law (健康的生活推進法, kēnkāncheke-seikwas tswitsinpō) law promulgated by Health Minister Unutan Rihajui in 1996, the state supports up to 50% of the costs of enrolling and participating in sports, such as team sports, martial arts and gyms.[2]
Furthermore, starting from April 2003, with the "Eat Greener law" (翠ᐢ𖬁ᐤ𖬖 食𖬖ɭ𖬭ɭ),Mirakintosa manaseke), subsidies aimed at an organic and balanced diet are active, with the obligation for fast food chains to also offer low-calorie and nutritionally balanced menus. On the other hand, dishes considered typically "junk food" (see, hamburger and french fries) are taxed, which is why fast food restaurants in Izaland feel more expensive than in other countries. These measures contributed to the decrease in obesity from a low 8.4% in 1995 to 3.5% in 2017, saving up to 267,3 billion etsi in 20 years.
References
- ↑ http://izastat.go.iz/in/blog/izaki-people-and-ingerish-proficiency.htlm IZastat: Izaki People and Ingerish proficiency - July 2nd, 2019
- ↑ http://izalandnewsglobal.com/in/new-laws-to-improve-izaki-citizens-health.htlm Izaland News Global: New laws to improve Izaki citizens' health - retrieved, August 4th, 1999