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Politics of the sovereign economic model
Regional Raison d’être of the Sovereign Economic Model

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Within countries, often regions or states in a federal political system are granted a certain autonomy in economic matters. Taxation might be different, and local laws might have precedence over federal and other autonomous prerogatives. Therefore, even a semi-independent region of a country might mold its economy quasi-independently of the central government. For example, a regional legislature can certainly use the Sovereign Economic Model as an inspiration. Regional administrations have leeway given their partial autonomy to create local economic plans and investment opportunities, which are ideal for small and mid-sized companies with a large local presence and local interests. Thus, even local administrations can make smart, independent choices and apply economic policies for the benefit of both businesses and residents.

The Sovereign Economic Model. A manifesto for rising nations

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