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Bill: Economic Reform Act
Details
Submitted by[?]: Qayimat al-Wifaq al-Watanii
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: August 4615
Description[?]:
X |
Proposals
Article 1
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 large, national banks, but small community based private banks are allowed.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 3
Proposal[?] to change The government's policy towards daily working hours.
Old value:: Daily working hours are regulated by the government.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government obligates trade unions and employers to negotiate the daily number of working hours.
Article 4
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 are free to fire workers who go on strike.
Article 5
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 need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 6
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Gambling is illegal unless taking place in a licensed casino.
Article 7
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 8
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Proposed: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Article 9
Proposal[?] to change The workers' right to strike.
Old value:: All workers have the right to strike.
Current: All workers, except certain categories of workers regarded as critical to society, have the right to strike.
Proposed: All strikes are illegal.
Article 10
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Article 11
Proposal[?] to change Secondary strike action.
Old value:: Any trade union can go on a sympathy strike in support of other striking workers.
Current: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Proposed: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Article 12
Proposal[?] to change Positive discrimination.
Old value:: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Current: The government does not regulate hiring policies.
Proposed: No form of positive discrimination is permitted.
Article 13
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 only actively enforced in specific sectors of the economy.
Current: Monopolies are only forbidden in specific sectors of the economy.
Proposed: There is no policy on monopolies, they are unregulated.
Article 14
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: There are no regulations on phone service.
Article 15
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: All enterprises are required to cover basic payroll contributions for their employees.
Current: All enterprises are required to cover basic payroll contributions for their employees.
Proposed: Only large enterprises are required to cover payroll contributions for their employees.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 250 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |