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Bill: Economic Liberalisation Act
Details
Submitted by[?]: Liberal Democratic Party
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: February 4186
Description[?]:
| A collection of laws to free the economy to help stimulate it's growth. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
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 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 5
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Debate
These messages have been posted to debate on this bill:
| Date | 19:12:25, March 25, 2017 CET | From | Kundrati Liberal Alliance | To | Debating the Economic Liberalisation Act |
| Message | Unfortunately, we disagree on three of the five policies proposed. We find it unacceptable that all advertising is permitted, with no regulatory oversight. In particular, this would have unforeseen consequences for the tourism sector, the brief for which is handled by Avita Velia of the KLA. We also find fault with the idea that monopolies are only forbidden in certain sectors of the economy. We would be interested to know which areas of the economy are permitted to have monopolies. We also find that the idea of foreign investors investing freely is good, and we would endorse this policy. However, we do not believe they should be able to achieve majority shares in companies, especially as for some, such as internet service providers or energy providers, this could have serious national security repercussions. We suggest the DPP propose a bill with the changes we ask for, or face none of the other changes being passed through. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 222 | ||||
| no | Total Seats: 355 | ||||
| abstain |
Total Seats: 0 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "I'm the motherfucking Premier of Kalistan. It don't get more full time than that!" - Omar Al-Khali, former Kalistani politician |