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Bill: New Economy and Development Act
Details
Submitted by[?]: Al-Ḥizb Al-Waṭanī Ad-Dīmūqrāṭi
Status[?]: defeated
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: September 3906
Description[?]:
| An act to stabilize the economy and increase development across the nation. State owned enterprises: -Air Jakania: national airline -Jakanian National Arms Corporation: main domestic arms supplier -National Shipping Corporation: main export corporation -Rail Jakania (Jakanian National Rail Corporation): national passenger and freight rail company Development Authorities: -Urban Development Authority: responsible for developing urban areas; responsible to the Minister of Trade and Industry -Rural Development Authority: responsible for developing rural areas; responsible to the Minister of Food and Agriculture -Banking and Services Development Authority: responsible for developing and supporting the creation of robust domestic financial and banking services -Industrial and Mineral Development Corporation: responsible for the development of the factories, mines, and resource development -Trade Promotion Fund- responsible for financing export of Jakanian goods and services and foreign investment in the country The Bank of Jakania is to be the national central bank of the Republic and responsible for the monetary policy of the country. It is to be headed by a Governor, appointed by the President of the Republic to five year terms to manage the Bank. |
Proposals
Article 1
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Article 2
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers cannot fire workers who have gone on strike.
Current: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Proposed: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 5
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is forbidden.
Proposed: Child labour is allowed and it is subjected to the same regulations as adult labour.
Article 6
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 19:43:10, September 12, 2015 CET | From | Liberal Party | To | Debating the New Economy and Development Act |
| Message | Mr.Speaker I have problems with Article 5 therfore i can not say yes. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 113 | |
| no |
Total Seats: 137 | |
| abstain | Total Seats: 0 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "The European Union and environmental advocacy groups use global warming hysteria to advance their own special agendas. The European Union recognizes any significant reduction in CO2 emissions by the United States will significantly reduce its economic output, thereby bringing it closer to the inferior output of European nations. Environmental advocacy groups work to stifle economic and industrial progress wherever they find it to inhibit the successful advancement of peoples in developing nations, inevitably making mankind a second class citizen of planet Earth." - Dr. Jay Lehr |