eEstonian Market Review

It's been a while since the last update, but that doesn't mean no work is being done! Almost 100% of food distribution has come to a halt as the SRC focus' on building the eEstonian economy. A construction college was recently completed and level 0 jobs are available. The level 0 work projects in eEstonia have trained hundreds of workers and provided outstanding support to local business.

The following market review was published by the SRC within the eEstonian media:

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Wages and Consumer Goods

Things are going really well financially for eEstonia, all prices on consumer goods have fallen to within affordable levels and wages are slowly increasing but they are still very low compared with the superpowers. Wages will self regulate over time so that's not a big concern, but as congress votes have demonstrated the minimum wage should remain at 1 EEK. Private companies are already offering jobs at higher wages for level 0 workers and as the need for workers increases with the founding of new companies eEstonians will see a rapid climb in wages especially when it becomes possible to maintain a high wellness.

If things continue the way they are the outlook is very good. Keep it up guys!

Job Market

There are still some critical shortages on the job market in both land and construction but things are FAR better than they were a week ago. I expect the market to continue to self regulate and balance itself out within a month without any manipulation. There are a lot of jobs available in all sectors (even at level 0) and it seems as if the amount of jobs exceeds the number of immigrants and new citizens which is a good thing for now. It will cause wages to go up for lower level workers but with companies working lower than 100% productivity it may cause the cost of consumer goods to increase.

Raw Materials

The grain market is doing very well as can be expected with a high grain region. Sustainable amounts of Q2 grain is available for Q2 food companies which is a very positive thing indeed!

Diamonds, Iron, Oil, and Wood. Market stocks are critically low which will drive up prices on consumer goods. If this trend continues it might require government intervention. (see recommendations for further details)

Recommendations

Wages and jobs should self regulate at this point, there shouldn't be any need for intervention.

Keep import taxes on Grain high to protect this strong industry, investors should consider setting up level 3, 4, 5 grain and food companies to take advantage of the high productivity.

Diamonds, Iron, Oil, and Wood. Government might want to consider creating companies at a loss to stimulate these markets, but that is a slippery slope. It's unknown whether or not foreign companies will set up export licences anytime soon given the political situation in eEstonia. Investors also don't know which alliance (if any) eEstonia will join, and if drawn into a war could find their import licence worthless. Government officials may consider going to neutral countries and setting up contracts with them (even footing some of the cost). In any case, an increase in raw materials will do a great deal to stimulate the local economy, drive down costs of goods and increase wages.

Training Companies - Official SRC Statement

The three training companies run by the SRC will as previously stated many times be transferred to the eEstonian people in the near future. The SRC has determined that the three companies should be sold for 40 gold for the three companies and all of their raw materials. Twenty gold will be held in reserve for further eEstonian development and the other twenty will go into projects for the new countries starting in June. The 40 gold is slightly more than half the worth of the companies purchase price as well as their current stock and on hand cash (all of which will be transferred along with them). The price is of course negotiable so it would be good to have some feedback on that.

The SRC would also consider using the full 40 gold to found a foreign raw material company with an export licence. This would be advantageous because the government would have a say in how much product is sold locally (so as not to compete directly with local business) as well as a say in price regulation. Either way eEstonia wins.

Great work guys, eEstonia is well on it's way to self determination!


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The SRC has focused it's attention on eEstonia, however this will soon change. With the arrival of multiple countries in June it's vital that we have an ample supply of capital to assist these new nations. After we have successfully transferred ownership of the colleges to the eEstonian government a new chapter will begin. Thank you everyone for your support!