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The Economy of Pelinai consists of a high-income mixed social market economy with a high degree of focus on mining and manufacturing under the direction of government industrial policies. It is the largest economy directly bordering the Mediterranean Sea in absolute terms, with a nominal GDP of $5.61 trillion in 2022, though its median household income and GDP per capita continue to lag behind regional and global averages.

Pelinai possesses one of the world’s largest populations, constituting one of the largest single-state consumer markets in Pacifica. Due to its membership in the Bailtemmic Cooperation Organization, it is also closely integrated with most other significant economies on the continent of Bailtem; it also possesses numerous bilateral free trade agreements with other countries. The primary driver of economic activity is consumer spending, followed by investment and then by government expenditures.

As a late industrializing country with a strong tradition of government action in a developmental state capacity extending back to the pre-communist era, Pelinai possesses an economic system that is subject to varying degrees of state intervention and direction in pursuit of goals such as economic growth, industrialization, and the domestic establishment of strategically significant industries. It possesses a wide variety of state-owned enterprises and keiretsu assemblies, many of which are direct organizational descendants of Belogoran-era state-operated production associations and design bureaus; the normal purpose of these entities is to facilitate the reliable, domestic production of goods and services desired by the Pelinese government, along with the provision of stability and investment in various sectors of the Pelinese economy as directed by industrial policies. (Full article...)