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Economy

Arthasthan is categorised as a rapidly growing lower-middle income developing economy with a nominal GDP of $270.45 billion and a GDP PPP of $865.12 billion. As a socialist state, Arthasthan's economic system resembles market socialism, with high degrees of state ownership and workers' self-management with some foreign direct investment and private ownership based upon a market system. The long-term goal of the Arthani economy as enshrined in the constitution is economic development within a socialist framework to eventually establish a true socialist economy.

Arthansthan's economy is dependent on subsistence agriculture, fishing, and mining of mineral resources and fossil fuels. Arthasthan has a small but growing manufacturing center based around Nadipatnam, that produces textiles, food, and consumer electronics. Despite its development level, Arthasthan maintains a complex river and canal system that the country uses for agriculture and transportation.

Despite rapid growth, Arthasthan remains one of the poorest countries in Satria. To counter this government implements equitable economic policies, designed to improve living standards and reduce inequality. Foreign investors are largely dissuaded from investing because of the country's economic protectionism and its convoluted governmental structure particularly on the regional level and below. The country has a Human Development Index of 0.620 indicating medium development and a Gini coefficient of 31.237 indicating moderate income inequality. Thus the economy receives development aid from the Association for International Socialism, the Council for Mutual Development, and the Bashurat Cooperation Organization.

Agriculture

Farmers harvest rice fron a paddy in the Samundrese SS.

The Arthani economy overwhelmingly relies on subsistence agriculture, which accounts for 40% of the nation's GDP and three-fourths of the workforce. It largely consists of rice farming by agricultural cooperatives and commercial farming for export. These cooperatives either use the wet-field paddy system, practiced primarily in plains and valleys of the Bashurat River Delta and the Suranadi River Delta, or the slash-and-burn cultivation system, practiced primarily in hillier terrain found in the central and northern regions of the country. Animal husbandry is also common, and is supported by the government to provide better nutrition and additional sources of income for local cooperatives.

Over 75% of agricultural land in the country is used for rice; the remainder grow various agricultural for international export. It is a leading producer of black pepper, coffee, and tea which is exported all over the world. The majority of these farms are privately owned by permitted foreign investors that practice some form of intensive farming.

Despite the introduction mechanised farming equipment for preparing soil, planting, and harvesting crops, traditional methods for agriculture are still widely used. Attempts by the federal government to introduce equipment and educate farmers for its use, have met mixed success due to large regional disparities in adoption. Nevertheless small equipment such as small powered ploughs, has become much more common in recent years.

Mining

Arthasthan maintains a large mining industry that accounts for 10% of national GDP. Coal traditionally was the main international export in thousands of tons, but has been overtaken by iron ore, aluminium, chromite, and bauxite. The country is also a major producer of limestone, copper, and tin. After investment and economic assistance, in 2013 Arthasthan began producing oil in the western regions of the country. Currently there are plans to build a refinery so the country could export processed petroleum products. Mining is either done on the small scale by local cooperatives or on the large scale by state owned companies. Despite many local operations, the majority of resource extraction is done by large entities.

Industry

Services

Infrastructure

Energy