Reborn South Africa as a police officer

Chapter 1465 The Frank Rock is Even Scarier

The economic growth rate during the World Wars is not of much reference value. The economic growth rate of the United Kingdom in 1917 was more than 20.00%. However, people’s lives became more and more difficult, which has no practical significance.

The economic growth of southern Africa has always been maintained at a relatively high level. Even after the world war, the world fell into an economic crisis, southern Africa was not greatly affected, and the actual economic growth rate has remained at around 5.00%.

It is not easy to achieve 5.00%. In the past two years, the economic growth of the United Kingdom and the United States has actually been negative. The U.S. economy may return to positive growth this year, and the United Kingdom is still struggling in the quagmire of economic decline.

"Wouldn't [-]% be too much?" Philip was taken aback by Rock's ambition. It would be very difficult for the economy to grow to the level of southern Africa.

"No, all countries in the world are gradually recovering from the economic crisis, the market is returning to normal, and the demand for commodities continues to expand. Our products have excellent quality, advanced performance, and price advantages. Under normal circumstances, the annual economic growth rate should Keep it at more than [-]%." Rock has confidence in the products of southern Africa, which is especially evident in the auto industry. Ford, the only company in the world that can compete with southern African cars, has been defeated by southern African cars. .

Southern Africa's product competitiveness is mainly reflected in the high-tech industries represented by automobiles and aircrafts. Rock can be considered to have traveled to a good time. Both automobiles and airplanes have just started. Rock's advance layout has enabled Southern Africa to occupy an unrivaled position in these fields. Shakeable first-mover advantage.

After more than ten years of technological accumulation, Southern Africa has accumulated hundreds of various patents in the two fields of automobiles and aircrafts. Even Ford has to purchase related technologies of automobile engines and gearboxes from Nyasaland Motors. This allows Nyasaran Automobile to invest more funds in the development and research of new technologies, while ensuring profit growth, it is also continuing to widen the gap with other companies.

In traditional fields such as food, textiles, and construction, the advantages of southern Africa are gradually emerging.

Africa already has great potential in these aspects. With its vast land, suitable climate, and Chinese with full agricultural skills, the agricultural development in southern Africa should not be too fast. During the World War, southern Africa almost provided logistics for the entire Allied countries. , which fully proves the strength of Southern Africa.

As for textiles and construction, these two are traditional labor-intensive industries, and Southern Africa has a greater advantage. More than half of the high-end timber in Europe is provided by Southern Africa. In this regard, Southern Africa itself has a huge market. The demand for wood is almost insatiable.

Based on this aspect, that's why Roque dared to propose a target of [-]% per year.

Rock in other states is not very clear, at least in Nyasaland, [-]% is definitely achievable.

Seeing that Roque was so confident, Philip was also quite moved.

So the next day, Philip convened Barker and cabinet ministers, together with two senior advisers, Kitchener and Ade, to discuss the feasibility of implementing the five-year plan.

"Of course, I discussed this issue with Lord Nyasaland before the World War. Unfortunately, because of the World War, it was not possible to implement it in time, and it is not too late to implement it now. We really need such a long-term plan to ensure the safety of southern Africa. Sustainable development." Ada is very much in favor of the five-year plan, and as the Minister of Finance, Ada is well aware of the importance of the plan.

"Congress is actually considering a similar plan recently. Now it seems that the Lord's plan is more complete and more feasible, but the Lord's requirements are a bit lower. I think it is entirely possible to achieve an annual growth rate of 15.00%." ​​Buckby Rock More radically, even in the United States and southern Africa, there are not many years where the economic growth rate exceeds 15.00%.

"I think 5.00 percent is hard enough. If you look at continental Europe and the United States, [-] percent or [-] percent is the norm. If there is an economic crisis, it will even lead to an economic downturn. We only have a few years where the economic growth rate Only then can it reach more than [-] percent.” The Minister of the Interior, James Bernard, is relatively conservative. He is Philip’s confidant. When Philip was the mayor of Johannesburg, James Bernard was the Minister of the Interior of Johannesburg. Now Philip became Prime Minister of Southern Africa, and James Bernard rose to the post.

"One question, Lord Matilda's term of office is less than five years. If Lord Matilda cannot be elected as the next prime minister, how can we ensure that the five-year plan can continue to be implemented?" Political ills.

"Congress can guarantee that once the five-year plan starts, it cannot be stopped unless there is an uncontrollable event such as a sudden war." Buck has learned to use the power of democracy.

"So what if the new prime minister wants to revise the five-year plan?" Ade is also very good at finding faults, but his purpose of finding faults is to improve the system.

"Of course, the five-year plan is not static. Deviations may occur during the implementation process, and it may be completed ahead of schedule. If the five-year plan is to be revised, it must be submitted to Congress for approval and the consent of all states." Roque fills in the gaps. The five-year plan also places a limit on the prime minister's powers.

As soon as Rock's words fell, Kitchener and Ade exchanged a knowing look.

Although Ada and Buck didn't make eye contact, they looked at Rock full of trust.

When James Bernard looked at Philip, Philip was looking at Henry calmly.

"Agreed, I have no objection." Henry smiled. He and Roque didn't meet much now, but the relationship between the two did not become alienated because of this.

This is the real good brother.

"Okay, then it's decided. Now let's discuss the content of our first five-year plan." Philip lowered his head and smiled, and regained his composure when he raised his head.

That's right, the Weng and the son-in-law really have nothing to argue about. The rotten meat is in the pot. Philip knows his own family affairs. How about immortality.

Objectively speaking, the starting point of the first five-year plan for southern Africa is still relatively high. After all, with a smaller population, the economic aggregate of southern Africa is now comparable to that of the United States. At this time, as Philip said, every increase A single percentage point is very difficult.

"After the World War, the British pound's status as a global currency has begun to falter, so does our rand have a chance to replace the British pound—" Ada had a higher intention, and raised a subversive question as soon as she came up.

During the World War, the British pound and the US dollar successively abolished the gold standard system and were no longer linked to gold, and the value of the currency dropped sharply for a while.

The rand was once the only currency in the world that could be directly exchanged for gold.

After the end of the World War, London was eager to stabilize the global currency status of the pound. Against the background of the economic crisis, it announced that the pound was re-bound to gold in an attempt to restore the position of the pound.

The problem is that Britain no longer has enough gold to guarantee the value of the pound. As a result, the value of the pound dropped rapidly. From 1919 to 1920, the value of the pound dropped by 30.00%.

Even so, the pound is still the global currency, and transactions between countries are still settled in pounds. Even in southern Africa, the British pound is still used for transactions within the Commonwealth.

Of course, rand can also be used at the same time. For example, France, when Britain abandoned the gold standard system during the World War, France began to use rand transactions with southern Africa.

In fact, the French did not trust Rand too much, but harbored evil intentions and tried to drive a wedge between southern Africa and the United Kingdom.

The French did indeed succeed.

"Minister Cape, what do you mean?" Before Rock could speak, Kitchener took the lead.

Oh oh oh, I almost forgot, Ada is French.

Also, Phyllis is Mrs. Nyasaland who both Kitchener and Ade have agreed upon.

Then Ada and Rock had this kind of relationship again.

So, Kitchener had disliked Ida a long time ago.

Ada said nothing, looked at Kitchener and smiled.

Then Kitchina felt even more suffocated, really angry.

But there is no other way, since Ada is a girl, Kitchener is too embarrassed to press her every step of the way.

Roque doesn't allow it either.

"No, let's not take the initiative to do this—" Rock first stated his position, not taking the initiative, and not doing it are two different things: "—Marshal, don't be angry, if the pound loses its global currency status, then even if the rand does not If you come forward, other countries will not be able to bear it, such as the franc or the US dollar."

Rock is really not arguing, the franc is just talking, the threat of the dollar is real.

What Rock said was the truth, Kitchener immediately froze and couldn't say a word.

But this matter is not so easy, at least it will not be possible within five years.

As far as Rock knows, even after World War II, the US dollar did not immediately replace the pound as the global currency. At that time, many countries in the world still chose the pound as their foreign exchange reserves. It was not until the 20s and 70s that the US dollar replaced the pound and established a global currency. currency status.

This is the opportunity that Roark has to wait for. Southern Africa will not take the initiative to attack the pound, but if London fails and the pound loses its status as a world currency, Roark will not sit back and watch the opportunity slip away.

Facing Rock like this, Kitchener could only let out a long sigh.

Now that Kitchina is 70 years old, how many more years can he live? After Kitchina is a hundred years old, Kitchina will not care what Rock does.

From this point of view, Kitchener still needs to be grateful to Roque for his frankness, and also hopes that Roque will keep his word, otherwise the pound is really in trouble.

Once the pound loses its global currency status, the sun will literally set on the British Empire.

(End of this chapter)