Zardugal

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Commissariat of Trade and Industry:
Nacia Ekonomia Raporto kaj Prognozo/National Economic Report and Prognosis (NERP)


GDP
While economic growth stagnated in the mid 50s, investments in the development of GMO-crops have proven to result in a significant expansion not only of the agricultural sector but of domestic economy in general. This is due to the mobilization of household income previously needed to buy food. In synergy with improved payment of many workers due to them assuming ownership of businesses the resulting increase in buying power had a major impact on the GDP.

GDP in Billion Spesmillo

Agriculture
Food prices were subject to normal, mostly weather dependent fluctuations in the early 50s. In 5555 first genetically modified crops left the test phase and entered the market which lead to a slight decrease of overall food prices due to increased volumes of grain being harvested. With increasing variety of available GMO crops the food prices began to sink dramatically until October of 5558. The increased exports of agricultural goods initiated by the EC resulted in a quick stabilisation of food prices in order to protect producers.

Percentage of the average household income spent on food 


LDRE
Mining Sector: The overall trend of redistribution of means of production was achieved with plans to reach the 90% mark by the end of the decade.
Agriculture: Loans and subsidies granted to struggling farmers in 5558 were accompanied by a mandate to socialize ownership and consolidate smaller businesses. The fraction of LDRE-conform agribusinesses through these measures is expected to reach around 40% and stagnate there until further action is taken.
Chemistry/Pharmaceuticals: With incentives created by the development of robust poppy species, EC's plans to reorganize the lion share of inefficient chemical industry into a pharmaceutical sector has proven to be successful. With the EC being the driving force behind this economic development it is not surprising that the new sector mainly consists of LDRE conform businesses already
Services: No initiatives to apply LDRE measures in this sector yet. On the agenda for upcoming EC efforts.

Percentage of various sectors owned and operated by democratic worker councils