An Uncompetitive Economy is a situation where the national economy isn't robust enough to compete with foreign-made companies, upsetting the capitalists and lowering the GDP by 6 to 16%.
Description[]
Our workers lack of relative productivity and competitiveness is causing our exports to fall and flooding our country with cheap imports made overseas, with lower wages, harder working and more technologically savvy employees. This is having a negative effect on our economy, as our local companies cannot compete globally.
Causes[]
Default[]
80%
Start Trigger[]
60%
Stop Trigger[]
40%
Policies[]
- Corporation Tax +0% to 30%
- Import Tariffs -10% to -40%
Simulation Values[]
- Productivity -0% to -70%
Effects[]
Simulation Values[]
- GDP -0% to -19.4%, scales to the 1.5th power
Voter Groups[]
- Capitalist happiness -4%
The opposite of this is High Productivity