The red Korzarkian lion carrying the national flag
Republic of Korzarkia Ministry of Finance and National Reconstruction

A macroeconomic strategy game

Boom and Bust: A Minister's Dilemma

The old government has fallen. The Korzar is losing value by the hour, three banks are hiding losses large enough to take the rest of the system with them, and the provisional government has just handed you powers no finance minister has ever held here.

You have fifteen years and one desk.

Single player  ·  PC  ·  In development

Provisional Government, Personnel File 001

Instrument of Appointment

Under the Emergency Economic Administration Act, the bearer is granted direct authority over taxation and customs, public expenditure and salaries, sovereign borrowing, banking regulation and emergency liquidity, foreign exchange and reserves, the restructuring of state enterprises, capital controls, and all economic negotiation with foreign governments.

The President may dismiss the bearer. Parliament may investigate the bearer. The courts may, in theory, restrain the bearer.

In practice there is no one else left in the building.

A rubber stamp reading APPROVE, struck across the letter.

The post

You did not have to come back

You left as a child

Your family fled during the collapse and settled in Franklin, capital of Columbiana. You studied public finance there and spent your career at the Union Monetary Fund telling other people's governments that their budgets were fictional and their banks were insolvent.

You volunteered

Most qualified expatriates refused. Your colleagues called the decision irrational; senior officials gave the provisional government months. You told the recruitment commission that the country would never be stable if everyone able to rebuild it stayed abroad.

Then the post arrived

The first death threat came before the office had working electricity. A parcel followed containing a single devalued banknote and a rifle cartridge. The Presidential Guard assigned officers to your home. Some of them served the old regime.

The desk

Everything is decided from one room

There is no map screen and no city to build. There is a desk, five books, a drawer of stamps, a tray that keeps filling, and a terminal that tells you, only afterwards, what you did.

Ministerial Notebook

Monetary Book

Fiscal Policy Book

Elections & Accounts

Briefing & Forecasting

The tray

Five files a quarter, minimum

Each one is somebody's actual problem, costed to the last figure. None of them are wrong to ask.

BankingUrgent

Foreign-currency mortgage book

The People's Mortgage Office reports that a third of its book is written in XAU to households paid in Korzars. It requests guidance and, failing that, indemnity.

IndustryRoutine

Enterprise social assets

The combine still runs the town's clinic, nursery and holiday camp. Selling the combine means somebody else must run them, or nobody will.

HealthStanding

Maternity ward consolidation

Closing four small wards saves a measurable sum and adds forty minutes to the journey for the districts they served.

The drawer

Four ways to answer

Rubber stamp: APPROVE

It gets paid for. The money comes from a line you will have to shorten somewhere else.

Rubber stamp: REJECT

The budget holds. The district that asked remembers who refused it, and for how long.

Rubber stamp: DEFER

Next quarter's problem, at next quarter's prices. Some things get cheaper by waiting. Most do not.

Rubber stamp: CLASSIFY

It never reaches the Gazette. It also never stops being true.

Or you sign nothing, drop the file in the referral tray, and let the President own the decision. He will notice that you did.

The terminal

The quarter closes, and the numbers arrive

Official statistics, market prices, bond yields and staff forecasts. Not the truth, the published version of it.

Official Statistical Terminal Quarter 14, Kvatograd
Inflation, annualised41.7 %
Policy rate28.0 %
Real GDP growth−2.4 %
Prime-age employment61.2 %
Korzars per XAU214.60
Reserves, months of imports1.9
Public debt / GDP88.4 %
Presidential confidence34 / 100

> QUERY: EQUILIBRIUM OUTPUT, NEUTRAL RATE, CAPITAL-FLIGHT PRESSURE
> NOT AVAILABLE TO THIS OFFICE

The updated model

The economy is HERMETIC

HERMETIC stands for Heterogeneous, Expectational, Reconciled, Macro-Economic, Temporal Investment Cycle. It is three models that have to agree every quarter: agents make decisions, the accounts reconcile, and the projection engine closes output, inflation and the exchange rate.

HERMETIC Engine logo
VCESR simulation architecture

People with their own books

Acting households, firms and banks borrow, hire, save, price and default on their own balance sheets. The agent model carries who receives new money, who bears a shock and which failures spread through credit.

Accounts that cannot disappear

A stock-flow-consistent ledger gives every asset a liability and every payment a counterparty. That reconciled economy feeds a quarterly projection model, so credit, demand, prices, jobs, the currency, reserves and debt close together.

A central bank, not a slider

Set the policy rate, work the balance sheet, run auctions, intervene in foreign exchange and manage a sovereign bond book written in Korzar and gold. Credibility determines how far an order travels before it reaches the loans people actually pay.

You never see the true state. You see CPI, the yield curve, the Gazette and the figures your statistical office can defend. Better institutions narrow the error; they do not remove it.

The atlas

Ten countries share the map

Fuel, ports, mines, votes, or simply that you fail publicly enough to prove a point. The world atlas on your desk gives you their statistics. It does not give you their intentions.

Columbiana flagColumbianaInvestment and military guarantees, tied to reforms you may not survive.
Volgar flagVolgarFuel and protection, in exchange for a say in who governs.
Luyang flagLuyangFactories and credit, secured against strategic infrastructure.
Nambeko flagNambekoThe breakaway east: hungry, revolutionary and still claiming reunification.
Qasran flagQasranOil, and the only price on the continent you cannot argue with.
Selucia flagSeluciaMerchant fleets that trade with every bloc, and ask no questions.
Velmora flagVelmoraBanking cantons. Discreet, and useful to a minister with plans.
Edrisia flagEdrisiaSocial democracy, national wage agreements, and a great deal of advice.
Rovenia flagRoveniaLand, family, continuity, and grain you may badly need.

The verdict

How ministries end

Eight of these are things that happen to you. One of them is a door, and nobody will ever offer it. You have to have been arranging it, quietly, for years.

  1. IKvatograd Hyperinflation: the Korzar ceased functioning as money.
  2. IISovereign Default: foreign payments stopped, and with them the fuel and the credit.
  3. IIIDismissed by the President: your extraordinary authority was revoked.
  4. IVNambekan Invasion: foreign-backed forces crossed the frontier.
  5. VRepudiated by the Country: no faction would defend the ministry.
  6. VIThe Kvatograd Rising: the ministry stopped existing.
  7. VIIMilitary Government: the general staff relieved the civilians.
  8. VIIIGovernment Collapse: the cabinet went down and took you with it.
  9. IXA quiet flight, an account abroad, and a country that does not extradite.

And if none of them arrive, you serve out the fifteen years and the country tells you what it thinks you were.

Enquiries

Questions the ministry will answer

Do I need to know economics to play?

No. Every order states in plain language what it does, what it costs and who it will annoy, before you sign it. A field guide sits in the desk explaining the quarterly routine and how to read the terminal. Economists will find the model holds up. Everybody else will find that the politics arrives first.

How deep is the economic simulation?

The updated HERMETIC engine joins three layers that must agree each quarter: an agent-based model in which households, firms and banks act on their own balance sheets; a stock-flow-consistent ledger in which every claim has a counterpart; and a quarterly projection model that closes output, inflation and the exchange rate. Its central-bank suite includes the policy rate, balance sheet, auctions, foreign-exchange intervention and sovereign debt in Korzar and gold. The player sees published statistics, never the true state.

How long is a campaign?

Sixty quarters, or fifteen years, with an election every twelve quarters. If you are still in office at the end of it, the campaign carries on for as long as you hold on, or claw your way back.

What do I actually do each quarter?

Read or delegate the desk files. Check the Gazette, the visitor waiting outside and the election countdown. Set the budget line by line. Spend your three policy orders on tax, labour, housing, banking, trade or business law. Set the policy rate, the banking order and the exchange-rate regime. Read the terminal. Close the quarter and find out.

Can I delegate the paperwork?

You can hire an assistant out of your own salary and give them rules to work by. They are fast, they are cheap, and they will occasionally approve a contract you would have read twice, miss a piece of espionage, or leave a trail an auditor can follow straight back to you.

Is there a family?

There is a spouse, two children, a rent book and a salary that is paid in the currency you are responsible for. They make requests. The game does not treat this as a side quest.

Where and when can I play it?

Windows PC first, built in Godot 4. It is in development. The store page is below, and the fastest way to hear the moment it opens is to wishlist it.

The red Korzarkian lion carrying the national flag

Korzarkia must rise

Whether it remembers you as its rescuer, its auctioneer, or its last finance minister is decided behind one office door.