Chapter 336: A Delightful Financial Situation


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  Chapter 336 The Delightful Financial Situation

  If the great powers of the Allied Powers and the Allied Powers are listed separately to calculate the population, then the total population of the Allied Powers is 65.41 million + 52 million + 35 million, which is equal to 152.41 million people.

  The total population of the Allied Powers is 165 million + 44.1 million + 39.7 million, which equals 248.8 million people.

  152.41 million compared to 248.8 million, the population gap between the Allies and the Entente is nearly a full 100 million people.

  Although most of these 100 million people are Russians, don't forget that Britain and France also have extensive colonies.

  If India and African colonies are included, the population of the Entente will increase by several hundred million, far ahead of the population of the Allies.

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

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

  If the German Army were not too powerful, 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 was the kind that lasted only a few months or less than a year, perhaps the war potential between the two sides would not be so great.

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

  Throughout 1912, Australasia's gross national product (GNP) reached US$1.43 billion, and the economy grew rapidly compared with the previous year.

  The current economic situation in Australasia ranks among the top ten in the world.

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

  Throughout 1912, the gross national product of the major countries in the world was:

  the United States ranked first, with 39.14 billion U.S. dollars.

  Second place, Germany, US$12.477 billion.

  Third place, the United Kingdom, US$11.785 billion.

  Fourth place, France, US$9.522 billion.

  Fifth place, Russia, US$8.438 billion.

  Sixth place, Italy, US$4.065 billion.

  Seventh place, Beiyang, US$3.652 billion.

  Eighth place, island country, US$2.5 billion.

  Ninth place, Austria-Hungary, US$2.042 billion.

  Compared with the Austro-Hungarian Empire and other island countries, Australasia already has hope of catching up.

  But this is not the case. The data does not reflect the current economic situation in Australasia.

  In fact, the reason why Australasia's GDP is as high as 1.43 billion US dollars is mainly because the major enterprises of the royal family have contributed a considerable part.

  In particular, automobile 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 figures can reflect.

  Without the contributions of the royal consortium's major enterprises, Australasia's gross national product would probably barely exceed one billion U.S. 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 normal. After all, the real reason why per capita income grew rapidly at the beginning was because the base of per capita income was relatively low.

  The major factories and enterprises established by Arthur provided salaries that far exceeded the average per capita income, thus rapidly driving the growth of per capita income.

  The per capita income in Australasia is already quite high at this time. Even in Europe, it is considered an upper-middle-class income.

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

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

  Next is the UK, with per capita income of $249, which is almost £60.

  Germany, France, and Italy are ranked third, fourth, and fifth respectively, with prices of $190, $160, and $115 respectively.

  By comparison, the per capita annual income in Australasia is 50.3 Australian dollars, equivalent to about 125.7 US dollars, which has exceeded the great powers such as Austria-Hungary, Russia and Italy.

  Although the total economic output of these countries is more developed than that of Australasia, their populations are also several times or even ten times that of Australasia.

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

  Under such circumstances, it is not surprising that a large number of Russian civilians choose to immigrate to countries mainly in Australasia.

  After all, the most famous policy in Australasia is the one advocated by Arthur, which is to eliminate hunger throughout Australasia. It is no exaggeration to say that as long as you go to Australasia and pass the Australasian immigration review, you don’t have to worry about facing hunger.

  Because as long as you pass the immigration review, you will be regarded as an Australasian by default and enjoy the welfare and food policies of Australasia.

  Even those with low academic qualifications and who cannot find a job will be arranged by the government to work at some construction sites and construction projects in exchange for food and a place to live.

  Although the royal family spends millions of Australian dollars every year due to the distribution of various welfare foods.

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

  Using a little money to gain people's recognition and love, this deal is a very good deal for Arthur.

  Let people have enough food and clothing, and even society has become a lot more stable.

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

  But now, if the share of money is not enough to shock people, who would be willing to take risks and break the law just for a bite of food?
  You should 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 they are just some basic grains, and a small amount of meat, milk, etc., for people facing hunger, some food is better than none.

  More importantly, these foods are basically distributed directly to low-income and no-income people 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, corruption of grain and food will basically not occur.

  Of course, if such a thing really happened, Arthur wouldn't mind letting people see the majesty of the royal family and the consequences of violating the royal family.

  Although Arthur usually seems very kind, he rarely gets angry. But senior officials and elders in Australasian politics all know that once someone offends Arthur, God cannot 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 the rapid economic development is reflected in the fiscal revenue of the Australasian government.

  For the whole year of 1912, the government's total fiscal revenue reached 96.37 million Australian dollars, an increase of about 23% compared with the previous year.

  Of course, the reason for such huge growth 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 Australasian economy and also 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 AUD 100 million mark.

  However, there would be no Olympic Games in 1913, and Australasia would face considerable difficulties if its fiscal revenue continued to grow.

  However, there is also good news, that is, the second phase of construction of 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 continued growth in fiscal revenue is not impossible.

  Of course, the crazy growth in fiscal revenue is also destined to ensure that fiscal expenditures will not decrease.

  Throughout 1912, the total financial expenditure of the Australasian government was as high as 89.13 million Australian dollars.

  Compared with 1911, total fiscal expenditure in 1912 increased by more than 22 million Australian dollars.

  The reason why there is so much growth 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 large reserves of strategic materials have also cost the government a lot of money.

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

  The good news is that even though fiscal spending has increased by nearly A$22 million, the government's fiscal position is still in surplus.

  Although there was only a surplus of AU$7.24 million, 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 fiscal surpluses.

  Even simply speaking, except for the United Kingdom, which has vast colonies, other countries have more or less financial losses.

  A survey from the European branch of the Royal Security Intelligence Service shows that, except for the British Empire, all the major powers' mainland countries are in a state of financial loss.

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

  The total fiscal revenue of the Tsarist Empire in 1912 was as high as 130 million pounds. Although it seems like a lot, the total fiscal expenditure was also as high as 185 million pounds.

  Calculated in this way, the financial loss is as high as 55 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, 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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