Avestania’s Economic Miracle

Avestania today is a well developed 1st developed with the GDP of over 650 billions Clovers in 2021 with a highly educated population. This was thanks to a period of reforms, economic policies, competent leadership, and more that lead to a period of significant economic growth also known as **The Miracle on the Chang River**.

When the civil war finally ended in 1986, and a new government was established. Their first objective was to rebuild the country, liberalize the economy, and become capitalist. They rebuilt the country and they arrested war criminals and undid many of the regimes policies. They also liberalized the economy and opened up foreign investment and let foreign companies into Avestania especially from other capitalist and democratic countries with the government only sharing 4% of their profits made here in Avestania which would attract many foreign companies here. Avestania would set a low taxation by only sharing 4% of an Avestanians income and only sharing 4% of every business' profits. Many of the veterans from the civil war began looking for jobs and opportunities. Many would choose to work in the factories and while some chose to work in the farms while some started a business, etc. but they all had to help rebuild the country first. They also later, joined organizations such as the Free States Treaty Organization and later, the Gozra Accords. Avestania would also sign a deal with the Salhai Republic where citizens from both countries can enter each other’s countries without a passport and the 2 countries will conduct on free trade where Avestania can export iron, steel, and agricultural products to the Salhai and Salhai can export coal, iron, steel, and oil. Avestanian can also enter into Salhai with 4% of their profits made in Salhai going to the Avestanian Government and vise versa for Salhani businesses entering into Avestania where 4% of the Salhani businesses profits will go to the Salhani Government. Avestania would sign economic deals with other countries in rare cases.

The Government began focusing heavily on education and making sure that education would be accessible to as many people as possible, especially to the younger generations as during the communist regime, thanks to sending younger people to work in the farms, mines and more and not providing proper education to them, literacy in the younger generation has tanked. The new government also pushed to make the children and young people read books through the Read to Succeed Campaign where the Government would encourage the young to read books and promote books that are gonna be considered helpful in helping kids learn.

For agriculture, the Government encouraged many to work in the farms. The Government provided proper farming tools, they began constructing canals into the Chang and Nova River and establishing mills for grinding grains to help speed up agricultural production. They also invested money on things and inventions that are gonna useful for farming and help speed up agricultural production such as the Automatic Seed Rower which is powered by petroleum. The Seed Rower was made in Avestania long ago and there were many variants of the Seed Rowers. Farm Tractors were also added to speed up agricultural production. Avestania also began importing Phosphorous with the Gozra Accords members so Avestania can speed up agricultural production. This increase of agricultural production would eventually cause Avestania to begin exporting agricultural products to other countries.

The agriculture sector, would give rise to industries such as cotton, cloth like textiles, leather, and agricultural products such as bread, corn, and more and Avestania would sell them to other countries as trade!

They built up the petroleum industry and the FSTO and soon, other countries began began investing into Avestanian oil. The Avestanian Government established a state owned corporation called the Avestanian Petroleum Extraction Company or APEC . The government and the APEC would be sharing 50% of the profits from Petroleum.

The Avestanian Government would then introduce a policy to combat poverty called “Share The Wealth”. The “Share The Wealth” Policy was introduced to combat poverty and the policy states that 12% of Government investment will go to the poor. The poor will receive money, housing, food and water, education which is critically needed, and more. To this day, as poverty is low, the Share The Wealth Policy is now more focused funding businesses, healthcare, education and even battling poverty in other countries.

the Avestanian Government then encouraged it’s people to save money. The Government would establish the Avestanian National Bank which would later be renamed to the Avestanian International Bank for people and companies to put their money there and the Government will only take 4% of their money put in the bank and use it for investing. Government would later allow foreign companies to put their money into Avestania’s bank however, 96% of the money that the companies put in the bank, would be kept in the bank. People from around the world can also put their money on the AIB and the Avestanian Government would take 4% of everyone’s money put in the AIB. The 4% would go to investing into other things like education, infrastructure, funding businesses, etc. This would be the same for Avestanian businesses when they put their money on the Avestanian International Bank.

Avestania also signed economic deals with other countries and Avestania would soon let Avestanian businesses sell their products in other countries and have people from these countries work for them. Avestania would be sharing 4% of the every business’s profits made in other countries.

Avestania made a decision to let all the countries in the world, use Avestania’s cities that are located in the Chang River and at the coast for a cheap price every month for trade and commerical purposes and also let the or soon to be ex-FSTO members to use Atland and Goldear for economic or military purposes for a cheap price every month. If added altogether, Avestania would later gain a total of 963.6 Million Clovers every year from this. These coastal cities would later begin to quickly develop into a hub for the market, trade and commerce as these cities and would attract investors in. These coastal cities would begin to thrive and they will benefit the Avestanian economy greatly.

Avestania would also let people from countries that are in the FSTO and Gozra Accords enter Avestania without a need of a visa. This was in hopes of further attracting more foreigners and expats into Avestania combined with the opportunities and low taxation that Avestania provides altogether would benefit the Avestanian economy!

Other things that Avestania did:

-Copryright and Trademark law

-Investment into transportation of Avestania’s rivers and also created a fun way to cross the Rivers that would later be a stepping stone into the growth Avestania’s tourism industry

Eventually, all the decisions and policies that the Avestanian Government made will benefit the country greatly as by 1996, the country would experience an economic boom!

Avestania would let people from countries that are in the FSTO and Gozra Accords enter Avestania without a need of a visa. This was in hopes of further attracting more foreigners and expats into Avestania combined with the opportunities and low taxation that Avestania provides altogether would benefit the Avestanian economy. Avestania would also sign trade deals with countries to get iron and steel.

The Avestanian Government was looking to further privatize trade and allow people to establish companies based around trading and transporting goods and operate independently of government agencies and so they passed the Private Trade Act in 1997. Under this system, businesses and individuals would be free to establish their own trading companies, and could compete with one another for customers. This could potentially lead to greater efficiency and competitiveness in the marketplace, as companies would be motivated to provide the best possible services for their customers. Private trade companies can transport goods, buy goods from other countries, and sell goods to other countries. The Government will be sharing 4% of the profits made by the trading companies. People were already selling their products to international trading vessels in our coastal cities which is already creating a private trade market however, the government wants expand this. However, there were guidelines when it comes private trade.

However, there are guidelines when it comes to private trade:

-No selling illegal products such as illegal drugs

-Don’t install weapons in trade vessels. Their trade vessels, not fucking battleships

-Do not engage in illegal or unethical practices such as labor abuses, tax evasion, and more.

-You can only trade with countries that are members of the Gozra Accords, FSTO, and later on, the GEC, (Grastican Economic Commonwealth)

Avestania would later on, become a member of the Grastican Economic Commonwealth.

Avestania would invest more into education such building better schools that would give quality education as parents would send their young to better schools as the parents saved more money and could afford to do so.

Divinian communication technology would also improve Avestania’s communication infrastructure and would introduce new technologies that would be adopted in Avestania.

Avestania would then create Educational Reforms in 1997. Avestania would begin to encourage its schools to use the technique of “scaffolding”. This teaching method is very effective in helping the students learn faster. Avestania also encouraged its schools to have more of a holistic environment towards its students and to encourage creativity and innovation to its students. Avestania would fully transition its curriculum into a multi-disciplinary style of education. Teachers were trained on how to implement scaffolding techniques as well encouraging creativity and innovation and creating a holistic environment. Avestania invested into appropriate recourses such as, schools being equipped with the necessary resources, including teaching and learning materials, technology, facilities, and libraries. Parental and community involvement was encouraged. The Government would then monitor the progress of the educational system after implementing the reforms to measure their effectiveness and Identify areas that need to improve. These reforms were also made during the time when there was a rise in demand for parents to send their kids and young to better schools to get the best education and Avestania would invest more into building better schools that would teach quality education to meet that demand.

Avestania would then introduce the “International Governments Bank of Avestania” or IGBA. The IGBA would allow all governments to put their money on their bank. The Avestanian Government would then take 4% of all the Governments money put in their bank and use it for investing into things like education, infrastructure, technology, etc.

When Liedo Choi was elected in 2000, he would focus more on education, encouraging innovation and entrepreneurship, focusing on the tech industry, making more economic deals with other countries, etc.

Avestania would agree to sign a deal with Chernan and Korye that would strengthen all 3 countries' trade relations. Avestania would once again, open up another city which this time is the city of Novgra for everyone in the GEC, Gozra Accords, and former FSTO to use for trade and commerce in exchange for paying only 200,000 clovers a month. To attract further attention towards Novgra, Avestania would turn Novgra into the center of the tech manufacturing industry. Avestania would fund tech companies and would build more tech manufacturing factories in order to make the cost of tech products cheaper. This would increase consumer demands and increase access to tech products. Computers would be implemented in schools as a new way of education. The government would increase investment into education. Avestania would then invest into improving railway and transportation infrastructure that connects all the major cities of Avestania. Avestania would buy gold from Chernan to use the gold to convert to money and use the money to invest into the tech industry. Avestania would sign a deal with Chernan in which Chernan would export gold to Avestania where Avestania can convert the gold into money that will be used to invest into the tech industry.

Avestania would make an important policy in 2001 to sign a deal with other countries that they would export the recourses needed to manufacture semiconductor chips to Avestania in exchange for Avestania, manufacturing the semiconductor chips and exporting them back the countries that exported the recourses needed to manufacture semiconductor along with Avestania manufacturing the semiconductor for themselves and Avestania would begin to export them to countries that are in the Gozra Accords, GEC, and former FSTO. This would kickstart Avestania’s Semiconductor Industry and it would grow to become once of Avestania’s important industries that would help Avestania go through another economic miracle later down the line. The Semiconductor Industry would help Avestania’s tech industry grow more as well and tech companies would begin to rise in Avestania. Avestania would establish the Avestanian Semiconductor Manufacturing Company (ASMC) which is a state-owned company in which, they would manufacture semiconductors, export or sell them to other countries and sell them to tech companies to use to implement to their tech products in which the Avestanian would be sharing 50% of the profits with the ASMC since this a state-owned company. People could still establish private-owned companies around semiconductors in which the ASMC and even the government will help support. Avestania would also sign many complementary trade deals with other countries where the countries export recourses to Avestania, Avestania will manufacture these recourses into products and export them back to these countries and also manufacturing the recourses into products for domestic use. Liedo also invested into communication infrastructure. Avestania would establish a personal close economic alliance with a few countries called the "Pyonsol Cordiale". This close economic alliance would focus on tech research, collaborative economic activities, and building a business friendly environment for all members. All members would be equals so every decision made in this alliance must be a unanimous agreement to make.

When Stanley Coball was elected in 2007, right before the financial crisis happened, he began focusing on investing into the growing Semiconductor industry in which the semiconductor industry was fueling Avestania’s tech industry. When the 2007 crash happened, Avestania was barely affected by this. Stanley also focused on increasing tourism, funding the growing tech industry, investing into education, etc. He also pushed to make education and healthcare free and encouraged innovation. He would also begin to sign more economic deals with more countries. He created a yearly event known as the “Avestanian School’s Fair”. This yearly event is an innovation contest that would showcase the creations/inventions of smart and bright students across all schools from Avestania. Stanley also introduced an Olympic Games for schools every 2 years where all talented students from all schools in Avestania get to compete with each other in gane such as fencing, racing, etc. Stanley Coball understood very well about Avestania’s 2nd wave of economic prosperity coming soon thanks to Avestania’s growing educated population, it’s growing tech and semiconductor industry, increase of foreign investment, etc. and he wanted to take advantage of this. That would eventually pay off as by 2010, Avestania would face another economic boom, this time, greater than the last. Avestania’s economic miracles became known as the “Miracles On The Chang River” and these 2 periods of economic prosperity turned Avestania into a well-developed 1st world country. Unfortunately on 2022, Stanley Coball would get assassinated and was replaced by Yoni Gha.