Economy of Izaland

Economy of Izaland
social-market economy
Currency	Etsi (Ė)
Monetary authority	Izakis kinnyu ðaimubu
GDP (PPP)	2022 estimate
• Total	$6.8 trillion
• Per capita	$58,474
HDI (2020)	0.924 very high
Principal exports	Electronics, Services, financial products, transport equipment, machinery
Principal imports	Oil, food, machinery, chemicals, raw materials
Industries and sectors
Primary    3.4% Secondary    25.6% Tertiary    71.0%
Exports Main export partners Imports Main import partners	825.30 billion USD (2022) Federal States Kojo Suria Belphenia Plevia Demirhanlı Devleti Pyeokchin Cinasia Bai Empire 779,21 billion USD (2022) Kojo Pyeokchin Mazan Gobrassanya Majesia Federal States Pasundan P. Ruoguovvás Latina
Wealth inequality index	30.2 (2022) medium

Izaland has a strong tertiary oriented economy focusing especially on communications, electronics, services and tourism. Izaland, in particular, was able to position itself as one of the main economic powers right after the war, certainly facilitated by the privileged position within South-Eastern Uletha and by agile economic maneuvers implemented for post-war reconstruction. Furthermore, a rich natural environment gives Izaland also an important role in agriculture and fishery, while the industrial sector is particularly active in shipbuilding and electronic parts.

The education sector is one of the engines of this economic success: a literacy rate of virtually 100%, a high percentage of the population able to speak two languages correctly (87.2% of the population is able to speak English fluently) and the presence of 7 universities among the 100 best in the world allow the country to be able to count on its talents, keeping the percentage of "brain drain" low.

First sector

Although it has now been overtaken by modern sectors, the primary sector still plays an important role in the Izaki economy. The large central plains allow for sufficient land to be devoted to agriculture, and the many kilometers of coastline allow the fishing industry to flourish.

Agricolture

Mixed fields in Koroshai Valley

A controlled cattle pasture in the north, used for milk

The areas used for agricultural use in the Izaki territory are mainly located in the continental zone, especially in the vast western plain and in the prefecture of Dōnpuku.

The northern area, due to the climate, is more suitable for the cultivation of tubers, such as potatoes, apples and other fruit trees, and wheat. By heading towards the south, thus including the few flat areas of the island of Kubori, the climate and the territory become more suitable for rice cultivation. In the southern area of he same island, given the subtropical climate, sugarcane, tea, coffee (experimentally) and tropical fruits are also cultivated. The tamoki is a tropical fruit originally from Kubori island and the main production center is the south-east coast of the island. Every year Kanlisahna hosts the international tamoki fair, where the main producer of this fruit gather and it is possible to taste the different varieties.

Livestock

In Izaland meat industry is somehow limited compared to other industrialized countries, since intensive animal farming is forbidden since the "Animal Farming New Ethics Law" (家畜新倫理法, Kachuku Shin-rinlipō) was approved in 1998 by the then minister for the environment Saeki Jurikomai, amid local farmers' protests. For this reason, most of the meat is now artificially produced via the synthetization of proteins, or by the means of soy proteins, of which Izaland is the top exporter. The research in this field has reached very high levels, and either in taste and texture, Izaland's artificial meat is considered a true substitute of real meat, and now accepted and appreciated by people. Of course, a premium meat industry is available, and satisfied by open air animal farms; this, however, makes "real meat" quite expensive in Izaland. Importation of meat is strictly regulated but allowed, and usually only meat coming from organic foreign farms is allowed (although a black market also exists).

Fishery

Fishery represents another important part of the primary sector. The fishing sector is strictly controlled in order to avoid overfishing or the imbalance of marine ecosystems. Being mostly surrounded by the sea, Izaland's cuisine also makes an extensive use of fish and seafood. The main products are the green fin tuna, mackerel, adekun and the hinsos, a specie of edible shark. Violet prawns are also a popular dish in the south of Kubori island.

Mining and Forestry

Mining and forestry sectors are fairly developed in the eastern coast of Kubori island, where coal, timber and modest quantity of gold are produced. Oil deposit are scarce, although a reserve enough to sustain the 20% of the domestic demand is located off-shore Shikarana.

Industry

The Einoraka Great Bridge, Nankai Prefecture

Industry in Izaland nowadays has a minor importance compared to a few decades ago, due to the delocalization of heavy industries, however still now it contributes to an important part of its economy.

The main manufacture products include ships and vessels (especially fishing and cruise ones), railway cars and trainsets (mainly produced by Izaki Sharyān and Atron Railcars Manufacture, ARM) and parts for spaceships. Other important productions are semiconductor and screen panels, furniture (Izaland has a strong wooden furniture tradition, using the kamawi (梏) tree wood) and instruments for fishery and sailing (radars, engines etc).

Electronics

Izaland is primarily known around the world for its many electronics companies, including Atron Electronics, Ritsen and TBD. Atron, in particular, is one of the main dzaibos groups and alone accounts for 1.45% of the country's total exports. Liquid crystal displays and OLEDs are one of the leading sectors of Izaki high technology, and the country still remains one of the largest producers in the world.

Automotive

The automotive sector was one of the first to emerge in the Izaki economy, with the first models being produced by Shobetsuki since the 1930s. In the first post-war period, the relative low production costs allowed producers such as TBD to acquire a greater share in the global market. The crisis of the 1990s left some illustrious victims, such as TBD, which failed during the 1994 Taishin crisis, but nonetheless the automotive sector remains the driving force in today's Izaki economy.

Construction

Given the presence of hundreds of islands, as well as a compelssa orography, infrastructures such as viaducts and bridges have been of vital importance since the beginning of the industrial revolution in order to connect the country. This has led to the development of deep-rooted know-how in heavy infrastructure techniques and a high level of engineering in Izaland.

Major companies include Shobetsuki Heavy Industries and Samosāri Design.

Energy

The nuclear power plant of Huskopira, Yenkaido

Izaland in the last years has invested huge amounts of its economic budget in renewable resources, and as of 2020, the 87% of the produced energy comes from them. Blessed by copious amounts of water resources, most of the energy is produced by hydroelectric, photovoltaic and nuclear, and it is distributed by Hwadyen Corporation, the national provider of electricity in the country.

The Izaki government was one of the pioneers in Eastern Uletha in the field of decarbonization, also thanks to the popular awareness carried out by the interventions of the young activist Yūshiki Oridota in the early 2000s.

Nuclear power

Izaland has heavily invested in safe and productive nuclear electric power, and as of 2021 has 9 active plants, one in construction and two currently inactive due to renewals or upgrades.

The totality of the nuclear power plants of Kubori island are located on the western side, where there is a lower risk of calamities and tsunami, compared to the open sea exposed eastern coast.

Shin-Shikarana plant is the most powerful of the country, with a total output capacity of 6,4 Gwe.