Join the new world

Invest in export licenses? (on a country scale)

^We need to do this as well kill of some of the Q1 Companies in the Food & Weapons sector. We also need to get a Gold Drain in the lower levels to ensure that all noob gold simply isn't invested into more poorly managed companies.

The Ministry of Finance has had a state loans program since my presidency. Anyone who wants a loan for an export license can apply for it. We also offer loans to upgrade your current company.

The Irish economy really just needs war. Without constant war we cant create enough buying power to serve the market

I've been a strong supporter of buying export licenses. But now I'm on a high from taking NI, I say fck it, lets bring the foreign markets under out control. To Scotland o/

"even if we do spread out into those sectors, overproduction in the manufacturing sector will still be a problem. This is because the Irish market is too small to handle anywhere near the numbers of manufacturing workers that already exist."
The point is that the workers which you take for the raw materials and construction sectors will be from the manufacturing industry. Thus reducing the overproduction. I'm not saying this would work to improve our economy though. We would need the cost of our houses to go down if this were to work, although through a plan it could.
Our economy needs to be balanced a bit better

"Our economy needs to be balanced a bit better" x2

Run-away-manufacturing is disabling us badly.

"The Ministry of Finance has had a state loans program since my presidency. Anyone who wants a loan for an export license can apply for it. We also offer loans to upgrade your current company.

The Irish economy really just needs war. Without constant war we cant create enough buying power to serve the market"

The Department for Finance gave out loans during my terms as MoFI.
i.e. Starks' Presidency.

The Irish economy is in no state to handle real war.
In real war, emphasis must be on production and supply, and yet here we are discussing how to limit production of vital war materiel. War is only a temporary stimulus, prolonged conflicts places our very poor balance-of-trade in the spotlight, draining the country of gold.

That is, unless you orient the country towards full war production at the expense of the domestic market.

If i can give some advices...
As I see economical crisis is common in e-world. There are many q1 manu goods, and lack of demand. But if you find blackmarket channels, there are payable
demand for manu goods with high quality, q3 or more quality food, guns, gifts. First of all I recommend seek suppliers of armies.

No patton, just no

The biggest problem: too few 0 skill jobs for resources and construction. There is a ratio of 3:1:1 currently. Three manufacturing skill 0 jobs to one of each of the others. People simply cannot become skilled in other areas because there are no jobs to become skilled.

Again, why would anybody want to be skilled in Land?

Ireland doesnt have any high ressources

😁 what he said! ALtho fingers crossed for a high region of some semi-useful raw materials in v2

The Department for Finance gave out loans during my terms as MoFI.


Do you really want to remind people of your time as MoFI???

Patton, war is not a save all... when will you notice this?

One major problem our managers have is not enough capital to invest in the export licenses. Many of the managers own one company and everything they have it poured into it. Purchasing export licenses are not seen as a source of increasing sales.

I do agree that something must be done about the manufacturing sector and either companies need to get loans or the government needs to invest in selected companies.

Could of atleast linked my original article... and, couldnt this just of been a reply 😛

The problem is that we produce too much food, too many guns, too many tickets and gifts, war will of course effect guns and gifts, but it doesnt stop the over production of food!

Im not saying stop Manufacturing completely, what im saying is boost other industrys, based on the recent EI's its obvious that a ballanced economy is going to be needed come V2, added to this, houses will be massively wanted, and probably alot cheaper, which makes them a much more viable market than what we currently have!

Oh, link to my article = http://www.erepublik.com/en/article/why-ireland-fails-economically--1200357/1/20" target="_blank">http://www.erepublik.com/en/article/why-[..]/1/20

&quot😉o you really want to remind people of your time as MoFI???"

Gordongekko, crawl back to whatever hole you came from.
You must've been asleep if you think I wouldn't.

5n4keyes, if you want to keep a capitalist market, you can't force the market to go into x sector without losing out.

Brian, regardless of the type of market that is ideal, or what should be brought in, the current market is that the government have state companys that help newbies get the skills needed for decent jobs, ill agree its far from a perfect system, but its the system currently adopted in Ireland, thus my solution is based on that.

Would it not behoove us to work towards a more-diverse workforce, at least until we see what changes come about from the new economic updates?

The problem is too many q1 firms focused on the domestic market.

Its a vicious cycle, q1 firms alternate between being profitable and loss making. War gives them a temporary boost, which is always welcome.

But to create a sustainable economy we need to encourage companies to export and upgrade.

Do you really want to remind people of your time as MoFI???"

Gordongekko, crawl back to whatever hole you came from.
You must've been asleep if you think I wouldn't.


is that a no then???