Issuance of Debt

Propose and review new legislative variables for the game.

Issuance of Debt

Postby historybuff8910 » Sun Sep 04, 2016 11:04 pm

Name of the Law/Policy: Issuance of Debt
Law/Policy Catagory: Economics

Options:
1. A box allowing you to input how much debt you want to issue.
2. A box saying how much you would be willing to loan to a country that is in debt
3. Pay back debt+ interest

Effects:
1. Closes a gap in a deficit, maybe it's added in the revenues section of the economy page, or in the expenditure section as a negative number.
2. Removes that number from your budget for a certain amount of time.
3. Pays back the debt with the interest added to it so that you're no longer in debt

Comments: I'm thinking this law can also have a role play type of feel to it where different nations loan out money if they have a surplus they don't need. You can also have role play debt wars, which could be interesting, or a financial meltdown because of large debts. Maybe interest rates can be added in (like in the Secretary of Economics section with monetary policy). Tell me what you guys think.
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Re: Issuance of Debt

Postby Aquinas » Mon Sep 05, 2016 1:05 am

Unfortunately it would not be possible to implement a new law featuring an option for players to enter numbers or text into a box. Development work on the game ceased some years back, so we can only introduce standard/non-constitutional laws, where you select one law from a series of options.

You can do all sorts of things with RP laws and RP events, however. See sections 22 & 23 of the Game Rules for more on that.
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Re: Issuance of Debt

Postby mpog » Mon Sep 05, 2016 3:27 pm

There are some Role-Play Organisations that deal with this kind of stuff. One of these might be interesting for you:
International Terran Bank
First Bank of Likatonia
Eastern Development Organisation
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