Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Different types of economies (Kebir Blue)

Topics: Help: Different types of economies (Kebir Blue)

ManseEverard (Kebir Blue)

Thursday, December 4, 2008 - 03:32 pm Click here to edit this post
Basically, it seems, there are 3 different options for corporations.

1) Try to get as many CEO corps as possible. If you do this, keep taxes at 0, and high profit transfer from any state controlled corps. Don't make public corps.

2) Run state controlled corps, taxes and profit transfer highish.

3) Make state controlled corps into truly publics. How do I set my taxes and profit transfer? This is supposedly the best way of running an economy, if you can get many corps to be public.

Am I missing something? Help is appreciated!

Slare (Golden Rainbow)

Friday, December 5, 2008 - 01:44 am Click here to edit this post
Attempting the truly thing now as we speak. here's my guess as to how it should work.

Fully Upgraded Truly:
- Better Quality = more profit = more dividends, which compensates some for the smaller cut you get due to 24% ownership

- More easily supports higher salaries = more income tax per worker!

- Better efficiency = Fewer workers = more corporations = more country income

The economic transition from state corps to public corps to truly's to fully upgraded truly's is not easy...I was running deficits for quite a while as I got my corps converted and upgraded.

CEO corps are good for filling in the gaps in the meantime, they are a pretty steady source of income while the rest of your economy is in flux. And you get the benefits of the special clinics and back-to-work schools, although those seem to leave a little to be desired IMHO.

Anyhow, after several rough years, the economy is picking up again....I think it'll turn out better, but its rough getting there. I may not have done things the ideal way either, so keep that in mind :)

Going forward, I think I will probably have a mix of corporations. They all serve slightly different purposes.

Lolosaurus (Kebir Blue)

Friday, December 5, 2008 - 02:10 am Click here to edit this post
If you run country-controlled truly public corporations, you MUST set taxes high. If you do not, all of your profits will go out the window! (divided up between shareholders)

Aleksander (Little Upsilon)

Saturday, December 6, 2008 - 03:02 pm Click here to edit this post
Or you could have all the shareholders be entities that you control. The country that the corps or in can hold some shares, a CEO (or 2) could hold shares, and investment funds of countries in your empire could have the rest. Should work.

Angus88 (Little Upsilon)

Tuesday, December 9, 2008 - 08:53 am Click here to edit this post
Its still worse off economy structure for the country, there's only difference between high taxes and high profit transfer with trulys. The majority of the corporate profit goes to the country with taxes, the profit is divided according to share position with profit transfer. Either way the profit goes to someone, and with profit transfer you could find a decent portion going to entities you don't control.

quaxocal (Golden Rainbow)

Wednesday, December 10, 2008 - 04:25 am Click here to edit this post
Set up your truly public as enterprise controlled. Then your country gets the country resources, and 24.99% of the profit. This is the ideal way to set it up. 2 enterprises (one controlling) and 1 country.

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