The Republic of Kospand is a massive, efficient nation, renowned for its state-planned economy, ritual sacrifices, and disturbing lack of elderly people. The hard-nosed population of 2.564 billion Kospandians are prohibited from doing almost everything except voting, which they do timidly and conservatively.

The medium-sized, corrupt, moralistic government juggles the competing demands of Defense, Law & Order, and Administration. The average income tax rate is 30.8%.

The all-consuming Kospandian economy, worth 281 trillion bitcoins a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. However, for those in the know, there is a large, well-organized, fairly diversified black market in Arms Manufacturing, Information Technology, Woodchip Exports, and Tourism. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. Average income is an impressive 109,688 bitcoins, and evenly distributed, with the richest citizens earning only 4.0 times as much as the poorest.

Whipping posts and lashes have been transferred to the Historical Museum of Kospandian Embarrassments, families are left homeless as entire suburbs are bulldozed on the whim of tribal chiefs, some are born loving old plays and some have old plays thrust upon them, and spoiler warnings are now given out before political speeches. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Kospand's national animal is the penguin, which is also the nation's favorite main course.

Kospand is ranked 263,871^st in the world and 4,915^th in the South Pacific for Largest Insurance Industry, scoring -8.6 on the Risk Expulsion Effectiveness Rating.