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Bill: Economic Policy Changes of October 3592
Details
Submitted by[?]: Democratic Party
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: November 3593
Description[?]:
Economic Policy Changes of October 3592 |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is kept within a defined band of fluctuation.
Article 2
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Current: Employers are free to fire workers who go on strike.
Proposed: Government approval is needed before strikers can be fired.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 5
Proposal[?] to change The government's stance on a salary cap.
Old value:: There is a national maximum wage but local governments may enforce stricter salary caps.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 6
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: There is no policy on monopolies, they are unregulated.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Article 7
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: The government has no position on the proliferation of stock exchanges.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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