Merkatregneng

Merkatregneng (Vyvlander for market government) is an economic concept whereby the government acts somewhat like a corporation, competing with other economic actors in many sectors of the economy. It is traditionally applied to government economic policy in Vyvland. The term was coined by Vyvlander economist Viktor Fihel to describe the economic policies of Prime Minister Gunfre Smef-Hoyg in the 1960s and 70s, although its roots lie in the anti-monopolies policy of Payl Klosders. The policy is traditionally seen as economically centre-left, although some economists dispute this due to the inherent competitive nature of the policy. Merkatregneng forms a core part of the Vyvlander government's economic policy to this day.

The current policy within Vyvland categorises the economy into three areas, which each have different rules on the ability of governments to venture into them or generate profit from them. These are:

• Sector I - Essential services; the government must provide these services, but is not allowed to make a profit on their provision. This includes electricity generation (FSvV), railways (Vyvlubaan), health (Synprov) and postal services (Vyvluder Roitverieer).
• Sector II - General commercial interests; the government is allowed to make profits in these areas, but is not legally required to provide them. This includes all services not in any other category, such as airlines (VYVloig) and energy (Vyvluder Ol).
• Sector III - The government need not provide these, but if it does, it should be not for profit and for regulatory purposes.
• Sector IV - Controlled goods; this includes cannabis and a few other substances where the government has overall control over the market.