Which economy policy do you recommend?

[sezar5]

I want to know this.Which economy policy do you recommend and why?

A-Laissez-Faire(in my opinion,it is not good)
B-Interventionism(in my opinion,it is best choice.)
C-State Capitalism(in my opinion,it is too hard and boring but there is a bright side,you can build factories whatever you want)
D-Planned Economy(in my opinion it is worst choice)

 

[truth is life]

It truly depends on the country. Some countries (France and Austria, in particular) have very weak capitalists until much later in the game. Even under very favorable conditions (low taxes, tariffs, lassiez-faire policy) they will only build factories and railroads slowly. Therefore, they would rather have state capitalist or planned economy so that they can actually get factories and railroads when and where they need them.

Other countries, however, especially the US and UK, but also Prussia/Germany and Italy, have aggressive capitalists, who will rapidly develop your infrastructure if allowed to do so. Those countries (which include most countries in the game) benefit very greatly from lassiez-faire policies.

More practically, any well-developed country will probably be quite liberal, and therefore get interventionist policy at the worst. From the standpoint of which policy is easiest to get and maintain, the more liberal policies are clearly winners.

 

[sezar5]

For Ottoman Empire,which one?In VIP,it has got a lot of capis.So,Should I choose laisez-faire?But without VIP,it hasnt got a lot of capis.So,Should I choose state-capitalism or planned-economy?

 

[Calad]

Should I understant that capitalist are hardcoded of modded act differently on every country?

 

[Orm]

Should I understant that capitalist are hardcoded of modded act differently on every country?

As far as I know there are no differences between a french capi in France and a russian capi in Russia.

 

[OHgamer]

For Ottoman Empire,which one?In VIP,it has got a lot of capis.So,Should I choose laisez-faire?But without VIP,it hasnt got a lot of capis.So,Should I choose state-capitalism or planned-economy?

I would say interventionism is good for OE, and most of the nations that are technologically behind at the start, IMHO. You still have the ability to build railways, which is very helpful in jump-starting economic growth by increasing RGO efficiency (and the efficiency of whatever factories you might already have) while waiting for the capis to build up their reserves (which amounts are 2x what they would be under LF govts, so it's easier to manage). And with interventionist govts you can expand existing factories, and thus perhaps take advantage of increasing efficiency in RGOs that produce inputs for those factories by expanding their production.

we need to remember that outside Britain and the USA rail construction was very much either a mix of private and public investment or a completely state-run project because capital was lacking in the private sector to even contemplate construction (and here one can argue that the USA depended upon the largess of government in making massive land grants along projected routes to rail companies to sell as sweeteners to get the companies to build railways, so even in the USA rail construction was not strictly a laissez-faire process). Interventionist parties model this quite mixing of govt and private capital quite nicely in terms of infrastructure development.

 

[OHgamer]

As far as I know there are no differences between a french capi in France and a russian capi in Russia.

correct, there are no differences in behavior that I know of. Now, the game engine may indeed calculate that the best thing for capis to put their money in for France's development compared to Russia's might indeed be different factories, or rail for one and factories for another, but there is nothing hard-coded by nation in that regard, and the AI files that used to help direct national preferences in building rail and factories for nations alas do not enter into the calculations of the game engine for the capi decision making process.