Editing Grundhavn (section)

==Economy==

Laeral's economy is dynamic, thriving, and export-based, constructed within the framework of a modern social-democratic capitalist economy. The Laeralian economy is dominated by the services sector (particularly in the media and education fields), while traditional stalwarts of Laeralian production, such as agriculture, fishing, and textiles, have fallen behind. Despite a high level of indsutrlization, future economic  gowth is threatened by rising structural unemployment and an aging population. Laeral's export-based economy has traditionally led to an emphasis on free-trade agreements with foreign nations, following the period of protectionist policies during the Republican Era. Organized labor has traditionally been quite influential in the Laeralian economy; one particular trait of the Laeralian economy is the substantial presence of business cooperatives and "workplace democracy"; under laws dating to the Republican Era, all buasinesses of over 60 employees are required to include elected worker representation equal to 30% of seats on the company board, with few exceptions.