Paquador: Difference between revisions
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==Economy== | ==Economy== | ||
[[File:Dole Ecuador (3746433687).jpg|thumb|A ship picking up Paquadorian bananas for export.]] | [[File:Dole Ecuador (3746433687).jpg|thumb|A ship picking up Paquadorian bananas for export.]] | ||
GDP/capita: $2,067 (nominal) / $1,307 (PPP) | |||
Main industries: timber, fruits, gold | |||
Latin America's poorest economy, Paquador is on the brink of economic collapse. With few natural resources, there is almost no foreign investment. The economy has little to no diversification, focusing solely on single commodities which have varied over the last decades. Almost the entire economy is propped up by the agricultural sector making it extremely vulnerable to natural disasters. | |||
Poverty and corruption levels are crippling. Government debt is likely to have surpassed 120% of GDP and climbing, and inflation is beginning to become unmanageable as a result. Despite considerable gold deposits, there is a lack of investment to extract and what is mined is only exported when the government needs to fund more military expenses. | |||
Paquador depends heavily on foreign assistance to finance development projects and to pay public staff. At the end of 2002, the government owed $4.5 billion to its foreign creditors, with $1.6 billion of this amount owed to other governments and most of the balance owed to multilateral development banks. | |||
==Culture== | ==Culture== | ||
Revision as of 01:08, 26 April 2019
Banana Republic of Paquador República Bananera del Paquador (Spanish) | |
|---|---|
 Flag | |
| Motto: "Patria o la Tumba" "Fatherland or the grave" | |
| Anthem: Paquador! | |
| Capital and largest city | Concepción |
| Official languages | Spanish |
| Demonym(s) | Paquadorian |
| Government | Banana republic |
| Waldo Gustavo Prat | |
| Legislature | Military junta |
| Independence from Spain | |
• Declared | 14 May 1811 |
| Population | |
• 2018 estimate | 4,711,000 |
| Currency | Peso (PAP) |
| Time zone | UTC-4 (UTC) |
• Summer (DST) | UTC-3 (UTC) |
| Driving side | right |
| Calling code | +595 |
| ISO 3166 code | PQ |
| Internet TLD | .pq |
Paquador, officially the Banana Republic of Paquador (Spanish: República Bananera del Paquador), is a small, landlocked country in South America.
With a population of 4 million people Paquador is the smallest nation in South America in terms of both area and population. It has one of the worlds poorest and smallest economies with 90% of its people liveing below the poverty line. It has a high corruption rating as well as the worst income equality rating in the world. The nation's economy is primarily agricultural. Paquadorian society has extremely stratified social classes, with a large impoverished lower and working class which is primarily agricultural and rural based, and a ruling-class plutocracy, composed of the business, political and military elites of society. Wealth is concentrated in the country's urban centers and in the hands of a few prominent families. Due to this Paquador is the birthplace of the pejorative term "banana republic" .
Following independence from Spain at the beginning of the 19th century, Paquador was ruled by a series of authoritarian governments who generally implemented nationalist, isolationist and protectionist policies. In the early 1900's the country entered a period of military dictatorships, that lasted until 1992. This marked the beginning of the "democratic era" of Paquador. Throughout its history Paquador has consistently endured much social strife and political instability, and remains one of the poorest countries in the Western Hemisphere and is notable for never having a single peaceful handover of power throughout its 200 years of history.
Paquador is famous for having the worlds longest national anthem, the highest number of coups throughout its history as well as having guinea pig as the nations favourite dish. Its national football team is more famous for their horrendous haircuts than their skill at the game and the country has a navy despite being completely landlocked.
Economy
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GDP/capita: $2,067 (nominal) / $1,307 (PPP) Main industries: timber, fruits, gold
Latin America's poorest economy, Paquador is on the brink of economic collapse. With few natural resources, there is almost no foreign investment. The economy has little to no diversification, focusing solely on single commodities which have varied over the last decades. Almost the entire economy is propped up by the agricultural sector making it extremely vulnerable to natural disasters.
Poverty and corruption levels are crippling. Government debt is likely to have surpassed 120% of GDP and climbing, and inflation is beginning to become unmanageable as a result. Despite considerable gold deposits, there is a lack of investment to extract and what is mined is only exported when the government needs to fund more military expenses.
Paquador depends heavily on foreign assistance to finance development projects and to pay public staff. At the end of 2002, the government owed $4.5 billion to its foreign creditors, with $1.6 billion of this amount owed to other governments and most of the balance owed to multilateral development banks.
Culture
Cuisine
Sport
The most popular sport in Paquador, as in most South American countries, is football. Its best known professional team is El Nacional from Concepción which is also the most successful football team in Paquador having never lost a single game in the domestic league. The matches of the Paquadorian national football team are the most-watched sporting events in the country.