National Autarky Plan

The National Autarky Plan, also sometimes referred to as Sollonomics, was an economic policy developed by Tarquin Soll during his tenure as the leader of Sordland in the 1930s, following the civil war. This policy aimed to promote national self-sufficiency and reduce Sordland's dependence on foreign imports and investments. The key components of Sollonomics included the nationalization of most private enterprises, a shift from the gold standard to a currency-led economy, and the implementation of a tight monetary policy focused on large investments in infrastructure projects. To finance these ambitious projects, the Sordish State Corporation Bills were introduced in the early 1930s. Funds raised through the issuance of SSC Bills were directed towards the Sordish State Corporation to support state construction projects such as the Soll Dam, Holsord International Airport, Valgen Dam, and Lachaven Port extension. This approach was heavily opposed by private construction companies that struggled to compete with the state-backed projects. During the implementation of Sollonomics, Lespia, Rumburg, and other nations took advantage of the post-war situation, disrupting the Sordish energy industry and profiting from it by charging high energy prices. To counteract this exploitation, Soll implemented the Energy Protection Act of 1932, a protectionism law that prevented foreign nations from buying more than 10 percent of critical energy companies. This move effectively reversed the grip of foreign nations on the Sordish energy sector. Sollonomics also led to the nationalization of key strategic industries, including some energy companies and heavy industry. Parts of the agricultural industry were brought under state control as well, further consolidating the government's influence over the nation's economic sectors. In the late 1940s, during Alphonso's tenure, the Energy Protection Act was amended, increasing the limit for foreign ownership in national security-sensitive categorized corporations to 20 percent, reflecting a shift in policy priorities while maintaining the essence of the National Autarky Plan.