Hi folks!
You always wanted to produce that sweet Q5 airs to prepare your country for the end of NAP but you quite can't put the finger on which territory is the best? You check game statistics such as NPC gold avg wage to see which country to exploit thinking that is enough, or you're simply a tycoon always looking for new opportunities to stay ahead of the markets? This journal is the one for you.
Who we are
Global Finance Daily is the media outlet of the GEEC (Global Economical Evaluation Committee), an organization born in Italy that aims at providing sound, reliable information about all the economical aspects of each country on the map. To do so, the GEEC relies on a massive dataset of thousands and thousands of data entries, totally collected through manual data-entry activity. Being an extremely time-consuming activity, the dataset is updated once each month, and through extensive use of BI tools it is interpreted and presented through several infra-month snapshots (of specific industries/countries/territories/aspects of the global economy) and is also syntethyzed in the monthly GEEC Country Rating.
What is the GEEC Country Rating?
The GEEC Country Rating is a rating of all countries that are holding territories at the end of each month (hence, landless countries are excluded), which ranks said countries by each product category (weps, airs, food etc.) based on two criteria:
- GPS (Global Productivity Standard): indicates the production capability of the territories owned by that country. This means that it combines all factors impacting the productivity of all territories withheld by the country on the specified product category (eg. country buffs, territory buffs, buildings and pollution) to define the yield of 1 job for that product. This means that it doesn't concern with the cost of labor, govt policy, financial markets etc.
- GGS (Global Gold Standard): it is a more advanced indicator, which starts from the GPS and combines it with the cost of labor in that country, expressed in gold. In other terms, this indicator highlights in which country it is cheaper to produce 1 unit of the specified product, in gold.
Ok that's much texto, but what is the difference between the GPS & GGS Ranking?
In other terms, the GPS based ranking evaluates countries based on their ability to produce, regardless of the country's availability of funds on the currency market or cost of labor. This ranking can be useful to governmental bodies to decide which territories they should annex next.
The GGS-based ranking ranks countries based on how much gold I spend to produce 1 unit of a chosen Q5 product in said country, hence it also factors in the cost of labor. That means that, for a specific product type, a country could have lower-yielding territories, but if the cost of labor (in gold) is much lower, it could still be ranked above more productive countries if its gold-to-unit production ratio is lower. In these cases, policy makers/investors/governmental bodies could consider the option of outsourcing production in that country, but even deciding whether that country should remain independent or not (In fact, since the wage is expressed in gold, and the conversion happens on the currency market, if a currency market is cheaper than a foreign country the territory should stay under its domain, rather than be annexed by a country that has a more expensive conversion rate/minimum wage, hence more expensive labor).
What are the variables that we are currently applying?
As of today, the variables that we have collected to evaluate territories/countries as a whole/monetary policies/job policies are the following:
- Country Policies: VAT, Work Tax, Export Tax, Minimum Wage
- Average Wage of the country: both in gold and CC
- Global productivity: of all territories on the map, based on buildings, territory buff, country buff, pollution
What we are not considering (just yet)
All data related to general markets, as we don't have the capacity to collect that additional data manually on a monthly basis. This implies that the evaluation of the countries starts from the following two assumptions:
- The cost of raw materials is not included in the analysis (if the product category is a finished product)
- All wages are paid through CCs bought on the currency market (hence, it doesn't consider how advantageous/disadvantageous a country would be if based on the ability of recouping necessary CCs through the general market).
The number of NPCs present in each country. I mean, it could be useful, but give me some slack. It's a lot of information to gather and it might be available on the November issue.
I'm not reading allat
Yes, it is a long-ass article. On the plus side, though, all the regularily issued articles will be brief and full of diagrams/contents to enhance readability.
All of this, for free?
I want to be clear on this: there's a massive work behind each article that will be published, that starts from collecting thousands of entries manually on Excel, queries merging, appending, and all of that fuels data models which, in turn, make the BI dashboards that are tailor-made to investigate the topic work. In other terms, there's a lot behind it and if Eclesiar taught us anything is that nothing is for free. Each article will have premium content (monthly rating included) but trust me, it will make you save dozens (if not hundreds) of gold overtime.
MASSIVE FINAL DISCLAIMER
Having all these information at hand enables the immediate identification of specific high-yielding territories (which might be cheaper than others by a lot). Sharing these information to the whole community would likely destroy certain territories by crippling them with pollution, that's why there will never be a territory-specific disclosure, but rather a country-based, except for certain exceptions. This journal will never tell you to "invest here" or "invest there", but rather highlight more macroscopical trends for you to investigate further. Don't get me wrong, sharing a territory-based ranking would be x10 times easier and bury me with much less work, but some people want to watch the world burn and I'm not one of them.
Pop Quiz
Everyone loves rifles, cheap and many, but oftentimes the conditions require for an unsung hero of the past WWs. The mighty Airs, more expensive and less fit to production on large scale, are still the most powerful weapon if properly coupled with the right MU teams. There's a country, though, where topological factors combined with pollution and infrastructure enabled it to be a potential powerhouse for productions of such matter. To put it perspective, in this country you can get an air productivity so high that it can't even be matched by the productivity of the corresponding best in class in the rifles category.
Can you guess which country it is?
Multiple choice