The Republic of Panamethea is a massive, cultured nation, ruled by Daniel Feildings with an even hand, and renowned for its barren, inhospitable landscape, flagrant waste-dumping, and pith helmet sales. The hard-nosed, hard-working, democratic, devout population of 1.343 billion Panametheans enjoy some of the most opulent lifestyles in the region, unless they are unemployed or working-class, in which case they are variously starving to death or crippled by easily preventable diseases.

The relatively small government juggles the competing demands of Administration, Education, and Defense. It meets to discuss matters of state in the capital city of Slagproletarian. The average income tax rate is 24.4%.

The frighteningly efficient Panamethean economy, worth 158 trillion Federal Credits a year, is broadly diversified and led by the Retail industry, with significant contributions from Information Technology, Uranium Mining, and Book Publishing. Average income is an impressive 118,103 Federal Credits, and evenly distributed, with the richest citizens earning only 4.0 times as much as the poorest.

Truth is often impossible to tell from fiction on the evening news, the minority party is vilified for everything from fires to earthquakes, male friends are often accompanied by a female relative in order to prove their 'straightness', and exports are stamped with "made by the invisible hand you commies". Crime is totally unknown. Panamethea's national animal is the Harpy Eagle, which can occasionally be seen dodging aircraft in the nation's cities.

Panamethea is ranked 169,260^th in the world and 500^th in Europe for Largest Gambling Industry, scoring 209.06 on the Kelly Criterion Productivity Index.