[BRY] Expanding our Economy
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by Bryce S
The current state of eMalaysia’s economy is distressingly bad. eMalaysia was once a prosperous, vibrant nation, with a labour force, profits, and economic strength that was the jealousy of fellow non-aligned nations in Asia. We had competition in almost all areas of the economy that benefitted the citizens, but still made owning a company profitable in many cases. As the PTO continued, and the Serbians gained ground, we slowly began losing the prosperity we enjoyed. Our currency rapidly devalued, leaving the value of our savings and wages a fraction of what they were. Following this, the taxes and minimum wage were manipulated, leaving no job offers and little products on the market. The final blow was losing our two important economic regions, Sarawak and Peninsular Malaysia.
The fact that we see job offers (despite the highest offer being 0.03 GOLD) and food (despite its expense compared to wages) should be taken as a sign of hope. Companies are being opened, not for profit, but to help the citizens trying to be a part of the rebuilding process in eMalaysia. We have regained Peninsular Malaysia (though maybe not for long), where most of our economic force is based. But we cannot continue this way. Progress has slowed down, and seems not fast enough to recover our country. Things also must change. We cannot rely on pure good will and charity for the remainder of our nation’s time in Erepublik. It is time for clear direction and action from the government.
If elected president, I would execute a several economic programs to set eMalaysia back on a quick and healthy path of recovery. Firstly, the medium of transaction in eMalaysia, our currency the MYR, must be controlled, stabilized, and brought under our control. With congress, we would revalue the MYR and set it to a peg against GOLD. This would provide greater stability over our markets, and provide something to base our economy off. The government would work to establish fairer product prices and wages, and ultimately to build our economy to compete at the international level. To achieve this, the government would maintain a recommended product pricing list and salary list. The list will be evaluated with MYR value, labour and raw material costs, demand and in comparison to other countries. The list would be periodically re-evaluated and updated. Private companies would be encouraged to follow recommended prices and salary, or try to be as close as possible, but the government would not be able to force all companies to follow the pricing list. As president, government owned companies would be established to provide employment and execute economic policy. These government owned companies on the other hand would be forced to follow the wage recommendations and product prices, as a method to both enforce the list, and ensure the fairness of government companies.
Rebuilding and expanding our economy has shown to take time and be difficult. The eMalaysia and Erepublik of today may not be able to achieve a pre-PTO economy. But we must try. These methods but in place will work to provide direction for our economy and a period of unity in the market place to work for the common interests of eMalaysians.
Thank you,
Bryce S
Presidential Platform:
Candidacy Announcement
Governance and Accountability
Expanding our Economy
Building our Society
International Relations
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Comments
Well, I'm not sure about the Government telling companies what to do; but as a private company owner, I'm working on making things fairer for my own employees/customers.
what you have to do is helping me, and babyboom team to spam... no thing can be expected without enough workers....
the companies is ready.. yet the recruitment is not effective due lack of helping hands
Dear Bryce,
I must agree, your ambition is noble. Yet, the way of this eRepublik doesn't seem to work that way. As you can see... most of your ideas are within the power of Congress; not of the President. In truth a president cannot control the Congress at all; other than a little influence on his image.
Any non president can do this better...
The President's executive power on building economy is virtually none; to start an embargo or war maybe...
I think the country is going to the right directions. It just that there's still a lot things to do in order to fix the damaged that had been done. Hopefully that eMalaysia can clear all the trade embargoes to the other country and start to promote business from outside to pour in. Any eMalaysian that have company outside from eMalaysia can start selling product from outside. Cheaper labour and tax outside can make products cheaper. That way, we can have more cometitive price for the people. This also can affect vice versa. Since our country have cheaper labour, why not promoting other country to create company within eMalaysia(is this possible?) and export product, thus create work for our people. Also, create allies to make our country stronger.
Not sure how the President can do this, but a good President influences towards other country might helps. Well, this just my 5 cent idea. Hope can helps. 🙂
Bryce S
President of radical party of malaysia
I'm always support you to bring the malaysia to superpower
@nicholas2000: The idea and hope here is not to remove the freedom of the citizens, but provide direction for the economy to develope to become a free/mixed market system where entrepreneurs can prosper. This was employed at the start of our nation when we finally gained control by Nagyzee, and proved pretty effective.
@richi arditya: I completely agree, eMalaysia needs a baby boom. And we do need a lot of people working to make it happen. In my opinion efforts would be more effective if it was brought directly under our community and government. Post the efforts in the forum for all to see. The fact that our president was not included also does not help. I'll post more on this in my next article.
@Amli Nujhan:
1) I do not believe that most of these ideas are within the power of congress. Deciding policy and laws is part of the duties of congress, which is why I would work closely to establish a currency rate with congress, but the actual role of executing policy and often proposing new policy lays with the President and cabinet.
2) if you believe that all the government can do is what's given in the game's mechanics, you are sadly mistaken. I am willing to say that more than two thirds of what the government deals with is outside congress and president mechanics, and are very important.
3) eMalaysia, and many other countries, have shown examples of a congress led by the president. These have shown to be among the most productive governments. It is in Congress' interest to cooperate with the executive to be successful. If no success is seen from congress, hopefully the electorate will wake up and elect new members, something called responsible government.
good stuff.
new baby born. IS REQUIRED.
Erm... to make baby-boom fast, monogamy law is a barrier.
GO POLYGAMY !!!