Rise of Australia

Chapter 336 A Delightful Financial Situation

If the powers of the Allies and the Entente are listed separately to calculate the population, then the total population of the Allies is 6541 million + 5200 million + 3500 million, which equals 1.5241 million people.

The total population of the Allies is 1.65 million + 4410 million + 3970 million, which equals 2.488 million people.

1.5241 million versus 2.488 million, the population gap between the Allies and the Entente is nearly a full [-] million people.

Although most of the [-] million people are Russians, don't forget that Britain and France also have extensive colonies.

If India and the African colonies are included, the population of the Allies will increase by hundreds of millions, far ahead of the population of the Allies.

From the huge gap in population, we can actually understand that there is still a gap between the combat effectiveness of the Allies and the Entente.

If the extremely unstable factor of Italy is included, the gap between the Allies and the Entente will be even greater.

If it weren't for the too strong strength of the German Army, I am afraid that the situation in Europe would not be what it is now.

The huge gap in population also means that the Allied Powers have greater war potential.

If the war is the kind of war that lasts only a few months and less than a year, perhaps the potential for war between the two sides will not be so huge.

But if the war lasts for several years, even if Germany loses little in the war, it will be dragged to death in the European battlefield by Britain, France, and Russia.

Throughout 1912, Australasia's Gross National Product (GNP) reached US$14.3 billion, and the economy grew rapidly compared to the previous year.

The current economic situation of Australasia can be ranked among the top ten even if you look at the world.

Of course, this kind of economic level is not even a fraction of that of Britain, Germany, and the United States, but compared with last-tier powers like Italy and island countries, there is already hope of catching up.

Throughout 1912, the gross national products of the major countries in the world were:

No.1, the United States, 391.40 billion US dollars.

No.2, Germany, $124.77 billion.

No.3, the United Kingdom, 117.85 billion US dollars.

No.4, France, $95.22 billion.

No.5, Russia, $84.38 billion.

No.6, Italy, 40.65 billion US dollars.

No.7, Beiyang, 36.52 billion US dollars.

No.8, island nation, $25 billion.

No.9, Austria-Hungary, $20.42 billion.

Compared with countries like Austria-Hungary and island countries, Australasia already has hope of catching up.

But it is not, and the data does not reflect the current economic situation in Australasia.

In fact, the reason why the gross national product of Australasia is as high as 14.3 billion U.S. dollars is mainly due to the major companies of the royal consortium contributing a considerable part.

In particular, car manufacturers like Benz Automobile Factory, which sell well all over the world, contribute more to Australasia's economic aggregate and tax revenue every year than the numbers can reflect.

Without the contributions from the major companies of the royal family consortium, I am afraid that the gross national product of Australasia could barely exceed one billion US dollars.

Economic development can also be seen in people's living standards.So far, the per capita annual income in Australasia has reached 50.3 Australian dollars, and the growth rate has slowed down significantly.

But this is actually quite normal. After all, the real reason for the rapid growth of per capita income at the beginning was because the base of per capita income was relatively low.

The salaries offered by the major factories and enterprises opened by Arthur far exceeded the average level of per capita income, so it also quickly drove the growth of per capita income.

The per capita income of Australasia at this time is not low, even in Europe, it can be regarded as the upper middle class income.

So far, the country with the highest per capita annual income should be the United States, which has the most economically developed economy.

The per capita annual income in the United States is as high as US$350, which is nearly 70 pounds and about 140 Australian dollars.

The United Kingdom is next, with a per capita income of $249, or almost £60.

Germany, France, and Italy successively ranked third, fourth, and fifth, with US$190, US$160 and US$115 respectively.

In such a comparison, the per capita annual income of Australasia is 50.3 Australian dollars, which is equivalent to about 125.7 US dollars, which has surpassed the powers of Austria-Hungary, Russia and Italy.

Although the economic aggregate of these countries is much more developed than that of Australasia, their population is also several times or even ten times that of Australasia.

In Russia, where the per capita annual income is relatively low among the great powers, many Russian civilians are still facing famine and poverty, and even eating a full meal may be just a luxury.

Under such circumstances, it is not surprising that a large number of Russian civilians chose to immigrate to countries dominated by Australasia.

After all, the most famous policy in Australasia is the one advocated by Arthur to eliminate hunger throughout Australasia.

It is no exaggeration to say that as long as you go to Australasia and pass the immigration review in Australasia, you don't have to worry about starvation.

Because as long as you pass the immigration review, you will be considered an Australasian by default and enjoy the Australasian welfare food policy.

Even those with low education and unable to find a job will be arranged by the government to some construction sites and construction sites, and will use the method of work-for-work in exchange for food and a place to live.

Although the royal family will spend millions of Australian dollars every year because of the distribution of various welfare food.

But all this is worth it. Looking at the whole of Australasia, who is not grateful to the royal family and Arthur.

With a little money in exchange for the recognition and love of the people, this deal is very cost-effective for Arthur.

Let people have enough food and clothing, and even the society has stabilized a lot.

When the Principality of Australia was just established, the security environment was not that good.At that time, there were even criminal cases of theft and robbery for a bite of food.

But now, if the share of money is not enough to shock people's hearts, who is willing to take risks and break the law for a bite of food?
You must know that the Royal Relief Committee distributes free food every year to all low-income or no-income people registered in Australasia, which is completely enough to feed these people.

Although there are only some basic grains, and a small amount of meat, milk, etc., for those who are facing hunger, it is better to eat something than nothing.

More importantly, these foods are basically distributed directly to low-income and no-income groups through the hands of the Royal Relief Committee.

This also means that there will be no government intervention, and under the supervision of the royal family, greed for food and food will basically not happen.

Of course, if such a thing really happened, Arthur would not mind letting people see the majesty of the royal family and the consequences of offending the royal family.

Although Arthur usually looks very kind, he basically doesn't get angry.But senior officials and old men in Australasian politics knew that once someone offended Arthur, God couldn't save him.

For Arthur, who has high monarchy, Arthur is the sky of Australasia, and what Arthur says is the truth of Australasia.

Another major manifestation of rapid economic development is reflected in the fiscal revenue of the Australasian government.

Throughout 1912, the government's total fiscal revenue reached 9637 million Australian dollars, an increase of about 23% compared to the previous year.

Of course, the reason for such a huge increase is that in 1912, Australasia not only ushered in the Sydney Olympics, but also ushered in the circumnavigation of the airship Dawn.

A large number of foreign tourists gather in Australasia, which has made a considerable contribution to the economy of Australasia, and also made a considerable contribution to the government's fiscal revenue.

Coupled with the growth of the local economy in Australasia, the government's fiscal revenue has infinitely approached the [-] million Australian dollar mark.

However, there was no Olympic Games in 1913. If Australasia's fiscal revenue continues to grow, it will be very difficult.

But there is also good news, that is, the second phase of construction of the Leonora industrial base has been fully completed, and it can be put into recruitment and production in the new year.

This will make a considerable contribution to Australasia's industry and economy, and it is not impossible for fiscal revenue to continue to grow.

Of course, the crazy growth of fiscal revenue is also doomed that fiscal expenditure will not decrease.

Throughout 1912, the total fiscal expenditure of the Australasian government was as high as 8913 million Australian dollars.

Compared with 1912, the total financial expenditure in 1911 increased by more than 2200 million Australian dollars.

The reason for the increase is that in addition to preparing for the Olympic Games, increasing immigration and promulgating more immigration policies are also important reasons.

Of course, this year, Australasia was still frantically hoarding food and rapidly producing weapons, equipment and medical supplies.

These hoarding of a large amount of strategic material reserves also cost the government a lot of money.

However, the materials prepared now are all prepared for future wars, and the funds paid now will be reaped several times or even dozens of times in the future.

The good news is that the government's finances are still in surplus, even with an almost $2200 million increase in spending.

Although there was only a surplus of 724 million Australian dollars, it was better than a financial loss!
Not to mention, among the major powers in the world, there are really not many countries that can achieve a fiscal surplus.

Even simply speaking, apart from Britain, which has a vast colony, other countries have more or less financial losses.

A survey from the European branch of the Royal Security Intelligence Service showed that, except for the homeland of the British Empire, all the homelands of the great powers were in a state of financial loss.

To say that the one with the largest and most serious financial losses should be the Tsarist Russian Empire.

The total fiscal revenue of the Tsarist Russian Empire in 1912 was as high as 1.3 million pounds. Although it seemed a lot, the total fiscal expenditure was also as high as 1.85 million pounds.

Calculated in this way, the financial loss is as high as 5500 million pounds, which is much higher than the total financial revenue of Australasia.

This is the benefit of having a large population. Even if Russia's economic situation is not that good, but because of its large population, its total fiscal revenue is still among the highest in the world.

Even Russia's fiscal revenue has no rivals in the world except for the most economically developed countries such as Britain, France, Germany and the United States.

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(End of this chapter)