User:C0ZM0/Massaceunes: Difference between revisions
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=Economy= | =Economy= | ||
* extremely dependent on [[Port-of-Peace]] which probably makes up like 70% of the entire national GDP alone. Rest of the country is very clearly impoverished | * extremely dependent on [[Port-of-Peace]] which probably makes up like 70% of the entire national GDP alone. Rest of the country is very clearly impoverished | ||
* very dirigiste but in a way to facilitate market transactions; all land is basically de facto state owned and so are oil deposits | * finance, pharma and tech drive essentially everything | ||
* No corporate or income taxes; revenue is largely from; | * ultra-liberalized economy however its still very dirigiste but in a way to facilitate market transactions a la Singapore and ROK; all land is basically de facto state owned and so are oil deposits | ||
* No corporate or income taxes; revenue is largely derived from; | |||
** Resource taxes + revenue from land leases and energy company | ** Resource taxes + revenue from land leases and energy company | ||
** VAT + sales tax | ** VAT + sales tax | ||
** Pigovian and sin taxes | ** Pigovian and sin taxes | ||
** Capital dividends from National Wealth Fund | ** Capital dividends from National Wealth Fund (the bulk of it) | ||
** Very minor bank tax | ** Very minor bank tax | ||
*** The country functions a lot less like a country and more like a corporation through its national wealth fund, which is probably one of the largest investment companies and asset managers in the world. | |||
* Social security is extremely stripped down and largely consists of a negative-income tax + family support transfer payments and unemployment insurance | * Social security is extremely stripped down and largely consists of a negative-income tax + family support transfer payments and unemployment insurance | ||
* has a public health insurance option.... that isn't free lol | * has a public health insurance option.... that isn't free lol |
Revision as of 19:08, 20 December 2024
Free Commonwealth of the Massaceunes | |
---|---|
Coat of arms
| |
Capital | Port-of-Peace |
Largest city | Oddmund city |
Official languages | None |
Recognised national languages | Fallish Hyacinthean Waldish Caledonian |
Recognised regional languages | Indigenous languages... |
Demonym(s) | Massaceunite Massahole |
Government | Unitary technocratic directorial republic |
• Governor General | X |
• Executive Council | X X X... |
• Lawspeaker | X |
• General Magistrate | x |
Legislature | Legislative Council |
Independence from Waldrich | |
• tba | tba |
• tba | tba |
17th September 195X | |
Population | |
• 2024 estimate | 6,000,000 (X) |
• 2025 census | 6,037,504 |
GDP (PPP) | 2025 estimate |
• Total | Ħ818.7 Billiom (X) |
• Per capita | Ħ135,600 (1) |
GDP (nominal) | 2025 estimate |
• Total | Ħ619.3 Billion (X) |
• Per capita | Ħ102,580 (1) |
Gini (2025) | 60 very high (1) |
HDI (2025) | .931 very high |
Currency | Aurel |
The Massaceunes (translations), officially known as the Free Commonwealth of the Massaceunes (translations) is a unitary state located in the !Caribbean in Elia Borealis. It a archipelago nation that shares a maritime border with Sampree, X, X and X. Despite its status as a unitary state, the country is divided up into 8 autonomous island subdivisons known officially as counties with each enjoy extensive administrative powers. The capital is the planned settlement Oddmund City, while its capital is Port-of-Peace which hosts 60% of the country's population.
Prior to Calesian colonization it was inhabited by [Insert Indigenous group] tribes. [...]
The archipelago fell under the ownership of TBA in 17XX following the conclusion of the !Anglo-Dutch Wars, where it became a major hub for Transmedan piracy. The archipelago was partially resettled by Hylasian slaves as well as indigenous indentured servents from Northern Elia Austral to work on sugarcane plantations, and quickly came to make up the majority of the island's inhabitants. Following X's defeat in the Twelve Years' War the archipelago was one of the few colonies kept under its control, but due to the war's heavy toll on state finances was forced to sell off the territory to the Waldish Eastern Trading Company in 17XX. With the abolition of the slavery trade in 18XX, the archipelago was quickly transformed into a safe haven for freedmen and the manumission of Hylasian slaves. Waldish control saw the economy pivot completely towards maritime industries, with Port-of-Peace serving as a commercial hub for merchants, privateers and the Royal Navy, leading to its classification as an imperial fortress in 18XX and one of Waldrich's most vital naval and military bases in the Eastern Hemisphere, with substantial investment being placed in the XXX Naval Dockyards especially following the Great War.
The colony was never under formal Waldish sovereignty, but instead was wholly and completely owned by the Waldish Eastern Trading Company well into the 20th century. The nation's substantial losses during the Transmedan War and the X Scandal led to extensive but largely inconclusive negotiations between the company and the government over nationalisation and formal incorporation into Waldrich as an overseas dependency. Talks broke down in 195X when parliament opted to vote on complete formal nationalisation and annexation. However, before voting on the bill could commence the local Massaceunite elite pressured the company into declaring the territory as a sovereign state. Metropolitan outcry against this measure led to the XXX Crisis which saw Waldrich unilaterally embargoing the island until 196X. While this caused substantial disruption to the Massaceunite economy during the 1950s and '60s, closer economic ties with Coshaqua and the Free States aided in diversifying export destinations and the provision of foreign aid. Under XXX leadership in 197X, the country undertook increasingly dirigiste interventions into the economy, pivoting it away from tourism and agricultural goods. Increased global tensions during the Deluge and discovery of oil deposits in 198X led to increased investment and a greater military presence on the islands as it became a forward operating base for various liberal-democratic major powers, leading to the economy's rejuvenation. The Massaceunite Public Investment Fund was established to manage the country's windfall budgetary revenues in energy and military base contracting, which proceeded to use its financial financial assets to invest in overseas securities and assets while providing domestic funding to businesses and multinational joint ventures. Extensive economic liberalization, the abolition of both income and corporate taxes, and the implementation of various business friendly commercial laws led to the rapid growth of the Massaceunite financial sector which quickly became one of the largest in the Eastern hemisphere and diversifying the economy towards business and financial services, with many considering it a prominent offshore financial centre and tax haven today.
The Massaceunes is a developed country that ranks highly in human development metrics, and has consecutive ranked 1st in the world for ease-of-doing-business since 198X. The country's rapid economy growth since the 1980s and notable guest work scheme has led to it being a major destination for immigrants and contract seasonal workers; today over 85% of the country's population are foreign-born residents. The country has the highest GDP per capita in the world, as well as the highest proportion of millionaires with 17% of households―approximately 350,000 families―having an estimated net worth exceeding Ħ1 million. The country has since diversified its economy towards various high value-added service and knowledge industries such as finance, information technology, pharmaceuticals and biotechnology. Despite this, the country has one of the highest levels of income and wealth inequality in the world and economists have warned that the country's econometric statistics are heavily distorted by its excessively large financial sector. Gentrification has caused much of the country's low-income and initial residents to emigrate due to skyrocketing living costs, generating a large diaspora across the Eastern Hemisphere. The country's unique technocratic political system has been criticized for being extremely anti-democratic and prone to state capture by private commercial interests. The Massaceunes is a member of the X, X and X, and is considered a major player in the !Caribbean region and a middle power globally.
Etymology
- Massachusett tribe
History
Geography
- Nice subtropical climate
Government and politics
- Technocratic state
Human rights abuses
Foreign relations
Defence
Economy
- extremely dependent on Port-of-Peace which probably makes up like 70% of the entire national GDP alone. Rest of the country is very clearly impoverished
- finance, pharma and tech drive essentially everything
- ultra-liberalized economy however its still very dirigiste but in a way to facilitate market transactions a la Singapore and ROK; all land is basically de facto state owned and so are oil deposits
- No corporate or income taxes; revenue is largely derived from;
- Resource taxes + revenue from land leases and energy company
- VAT + sales tax
- Pigovian and sin taxes
- Capital dividends from National Wealth Fund (the bulk of it)
- Very minor bank tax
- The country functions a lot less like a country and more like a corporation through its national wealth fund, which is probably one of the largest investment companies and asset managers in the world.
- Social security is extremely stripped down and largely consists of a negative-income tax + family support transfer payments and unemployment insurance
- has a public health insurance option.... that isn't free lol
- Social housing for low-income guest workers as part of the guest visa scheme. Homelessness is surprisngly quite low because of this
Demographics
- locals basically pushed out due to gentrification
- extremely comsopolitan but basically just rich people + overworked guest workers
Sports
Education
- ranks very highly
Primary and secondary
- by the time you reach secondary school pupils are segregated into academic, general and vocational tracks based on exam testing
Tertiary
- most universities are private and fee-paying
- Student loan services
National Academies
- Only public university system in the country
- Tuition is completely free at all levels (undergrad, masters and PhD) even to international students, but actual process admission is fucking intense and hypercompetitive
- basically one big heavily decentralised collegiate uni a la the University of London, various island-based branches
- Grande Ecole type thing establish on meritocratic principles
- regional branches per island
Vocational education
- pretty extensive
Trasport
- Port-of-Peace has a pretty good public metro and bus system, rest of the country is kinda shit