Its particularly robust and evolving economy had given Sierra its reputed significant soft power in relation to its stronger ally, the United States, the world's largest economy. However, its unrestrained growth led to high inflation and the anticipation of a major recession in coming years grew increasingly cumbersome. Following the government's admittance on April 20, 2015, that its monetary policy had promoted excessive growth without restraint alongside low interest rates for bank loans, credit faith plummeted and caused the PorciúnculaSE to crash. Dubbed Black Monday, the recession has prompted decisive action from the Sierran government as well as Hoosier and American support from the National Reserve system.
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| - Its particularly robust and evolving economy had given Sierra its reputed significant soft power in relation to its stronger ally, the United States, the world's largest economy. However, its unrestrained growth led to high inflation and the anticipation of a major recession in coming years grew increasingly cumbersome. Following the government's admittance on April 20, 2015, that its monetary policy had promoted excessive growth without restraint alongside low interest rates for bank loans, credit faith plummeted and caused the PorciúnculaSE to crash. Dubbed Black Monday, the recession has prompted decisive action from the Sierran government as well as Hoosier and American support from the National Reserve system.
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dbkwik:conworld/pr...iPageUsesTemplate
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credit
| - A2
- :
- AA
- Outlook: Positive
- AAA+
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Exports
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sectors
| - agriculture: 1.3%, industry: 27.1%, services: 71.5%
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Labor
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Country
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Caption
| - A view of the city of Porciúncula, Sierra's financial center
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Industries
| - agricultural and fishing products, , , , , , , , ,
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Width
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Currency
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Occupations
| - agriculture: 1.3%, industry: 42.7%, services: 56%
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GDP
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aid
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Rank
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edbr
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per capita
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unemployment
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import-partners
| - 22(xsd:integer)
- 10.2
- 13.9
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Gini
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debt
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expenses
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organs
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FDI
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Revenue
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inflation
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Imports
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Reserves
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Year
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export-partners
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abstract
| - Its particularly robust and evolving economy had given Sierra its reputed significant soft power in relation to its stronger ally, the United States, the world's largest economy. However, its unrestrained growth led to high inflation and the anticipation of a major recession in coming years grew increasingly cumbersome. Following the government's admittance on April 20, 2015, that its monetary policy had promoted excessive growth without restraint alongside low interest rates for bank loans, credit faith plummeted and caused the PorciúnculaSE to crash. Dubbed Black Monday, the recession has prompted decisive action from the Sierran government as well as Hoosier and American support from the National Reserve system.
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