29-01-2025, 07:55 AM
Beginning of the New Economic Policy; Rebuilding the economy of Utari Mosir, one step at a time.
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January 17th, 5608
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The National Revolution has cost the economy alot. Before the National Revolution, the economy was crumbling and now it's in a black hole. Fortunately aid has been provided quickly, with a basic public works program and basic established of state jobs (via fisheries). However, that is not enough to stop the bleeding. As such, President Kuniyoshi has announced the New Economic Policy (NEP), which will guide and lead Utari Mosir towards economic recovery in a timely manner.
The NEP will provide jobs, economic security, and revive the economy. Not only will the economy rely on agriculture, but it will pave the way for funds to be funneled towards the state and exploitation of natural resources. The NEP has 3 major phases.
Phase 1;
As basic support for fisheries has been established which are state owned and providing jobs for coastal oblasts, this has been a basic bandaid on the gaping would that is the economy. But it is a good first step. Phase 1 of the NEP will call for moves to provide basic economic functions, continue creating jobs on a mass scale and ensure that these jobs are stable.
As such, state corporations will need to be created to run these fisheries and eventually other agricultural goods. Despite the harsh climate, there is enough arable land to provide something. Whether it be cash crops (questionable) or cash animals. Anything that can contribute to the agricultural sector and provide economic relief for inland oblasts.
Alongside this, the UCC will be put to more work, as while the nation is sufficiently rebuilt, infrastructure is vital to the economy and the UCC can be put towards building highways, roads, railroads and other infrastructure initiatives such as housing or what not.
Alongside this as well, domestic production. Fisheries and the UCC can only go so far in providing jobs. This is where the natural resources of Utari Mosir come in. One of our key natural resources yet to be explored is uranium, copper and iron. These are in relatively low reserves (save for uranium which is at moderate reserves), but will be vital to providing jobs and rebuilding the economy. Start up factories, look outwards to the globe for help in this endeavor and provide jobs and growth for the nation. Alongside this, efforts can be made on exploitation of our diamond reserved, which while limited will be certainly valuable to the more royal elements of the globe.
By this point, Phase 1 should have successfully stabilized the economy and provided a starting point for the economy. This is where phase 2 comes in. Transforming Utari Mosir from an agrarian society into an industrialized nation that is capable of economic growth in a major level. Adhering to the Dirigiste economic model, the state will take a major role in sponsoring industrialization in key industries, such as a state owned steel industry. This can allow not only for better jobs, but domestic construction and even shipbuilding for the Sea of Carina.
By this point, we can move onto the exploitation of our most valuable resource, REMs. The state can take, and should take a key role supporting the exploitation of REMs and work towards the establishment of processing plants. This can pave the way for refined goods on the global market, and even allow for domestic development of batteries, wind turbines and other goods. This can also pave the way for uranium reserved to be put towards nuclear power and reduce reliance on foreign exports for power.
At this point, a proper trade policy can be established, focusing on a selective protectionist outlook, with a focus on exports on key industries such as our uranium, refined minerals, electronics and fish. To ensure local industries can stand a chance at competing with the global market, subsidies will ideally be provided and tariffs can be selectively applied to where they are needed to protect the domestic economy. Alongside this, infrastructure efforts will be invaluable to housing more workers for these new jobs and ensure adequate transportation across the country.
The final phase, Phase 3 will see radical developments for Utari Mosir. First and foremost, the NEP is expected to take years. Each phase will take 5 years at the very least, and 15 at the most. Phase 3 will ideally be ready to occur once Utari Mosir is sufficiently industrialized and wealthy. The objective here will be to transition away from a reliance on raw materials, invest in better technology and transition to a service economy. This will ideally see Utari Mosir transition from an industrial economy to an economy led by the technology and financial industries. Due to how far this phase currently is, the NEP is focusing on the first 2 phases for the time being.
Overall, the NEP will help the Utari Economy immensely and allow for the state to maintain key control over vital industries and allow for private interests to take the wheel in less vital industries. The NEP will take time, but it will lead Utari Mosir to new heights and guide the National Revolution to the forefront of Dovani economics, countering the influence of communist economics and laissez-faire economics. This will not be an easy path forward, but it is necessary for Utari Mosir.
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The Utari Republican is a state owned media outlet, spreading the values of the National Revolution, and supporting the state apparatus.
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January 17th, 5608
----------------------
The National Revolution has cost the economy alot. Before the National Revolution, the economy was crumbling and now it's in a black hole. Fortunately aid has been provided quickly, with a basic public works program and basic established of state jobs (via fisheries). However, that is not enough to stop the bleeding. As such, President Kuniyoshi has announced the New Economic Policy (NEP), which will guide and lead Utari Mosir towards economic recovery in a timely manner.
The NEP will provide jobs, economic security, and revive the economy. Not only will the economy rely on agriculture, but it will pave the way for funds to be funneled towards the state and exploitation of natural resources. The NEP has 3 major phases.
Phase 1;
As basic support for fisheries has been established which are state owned and providing jobs for coastal oblasts, this has been a basic bandaid on the gaping would that is the economy. But it is a good first step. Phase 1 of the NEP will call for moves to provide basic economic functions, continue creating jobs on a mass scale and ensure that these jobs are stable.
As such, state corporations will need to be created to run these fisheries and eventually other agricultural goods. Despite the harsh climate, there is enough arable land to provide something. Whether it be cash crops (questionable) or cash animals. Anything that can contribute to the agricultural sector and provide economic relief for inland oblasts.
Alongside this, the UCC will be put to more work, as while the nation is sufficiently rebuilt, infrastructure is vital to the economy and the UCC can be put towards building highways, roads, railroads and other infrastructure initiatives such as housing or what not.
Alongside this as well, domestic production. Fisheries and the UCC can only go so far in providing jobs. This is where the natural resources of Utari Mosir come in. One of our key natural resources yet to be explored is uranium, copper and iron. These are in relatively low reserves (save for uranium which is at moderate reserves), but will be vital to providing jobs and rebuilding the economy. Start up factories, look outwards to the globe for help in this endeavor and provide jobs and growth for the nation. Alongside this, efforts can be made on exploitation of our diamond reserved, which while limited will be certainly valuable to the more royal elements of the globe.
By this point, Phase 1 should have successfully stabilized the economy and provided a starting point for the economy. This is where phase 2 comes in. Transforming Utari Mosir from an agrarian society into an industrialized nation that is capable of economic growth in a major level. Adhering to the Dirigiste economic model, the state will take a major role in sponsoring industrialization in key industries, such as a state owned steel industry. This can allow not only for better jobs, but domestic construction and even shipbuilding for the Sea of Carina.
By this point, we can move onto the exploitation of our most valuable resource, REMs. The state can take, and should take a key role supporting the exploitation of REMs and work towards the establishment of processing plants. This can pave the way for refined goods on the global market, and even allow for domestic development of batteries, wind turbines and other goods. This can also pave the way for uranium reserved to be put towards nuclear power and reduce reliance on foreign exports for power.
At this point, a proper trade policy can be established, focusing on a selective protectionist outlook, with a focus on exports on key industries such as our uranium, refined minerals, electronics and fish. To ensure local industries can stand a chance at competing with the global market, subsidies will ideally be provided and tariffs can be selectively applied to where they are needed to protect the domestic economy. Alongside this, infrastructure efforts will be invaluable to housing more workers for these new jobs and ensure adequate transportation across the country.
The final phase, Phase 3 will see radical developments for Utari Mosir. First and foremost, the NEP is expected to take years. Each phase will take 5 years at the very least, and 15 at the most. Phase 3 will ideally be ready to occur once Utari Mosir is sufficiently industrialized and wealthy. The objective here will be to transition away from a reliance on raw materials, invest in better technology and transition to a service economy. This will ideally see Utari Mosir transition from an industrial economy to an economy led by the technology and financial industries. Due to how far this phase currently is, the NEP is focusing on the first 2 phases for the time being.
Overall, the NEP will help the Utari Economy immensely and allow for the state to maintain key control over vital industries and allow for private interests to take the wheel in less vital industries. The NEP will take time, but it will lead Utari Mosir to new heights and guide the National Revolution to the forefront of Dovani economics, countering the influence of communist economics and laissez-faire economics. This will not be an easy path forward, but it is necessary for Utari Mosir.
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The Utari Republican is a state owned media outlet, spreading the values of the National Revolution, and supporting the state apparatus.
"Yet I am here, and here I shall remain to behold the world in all it's beauty"
"The world is but a stage. Why cry, when you can laugh instead? For laughter is humanity's preserve. Laugh it all off, fret not, Let's just enjoy the moment."
"The world is but a stage. Why cry, when you can laugh instead? For laughter is humanity's preserve. Laugh it all off, fret not, Let's just enjoy the moment."