The Ancient Baptist Republic of New Waldensia is a colossal, cultured nation, ruled by Peter Waldo with a fair hand, and renowned for its ubiquitous missile silos, frequent executions, and smutty television. The hard-nosed, hard-working, democratic, devout population of 6.291 billion New Waldensians enjoy a sensible mix of personal and economic freedoms, while the political process is open and the people's right to vote held sacrosanct.

The relatively small government juggles the competing demands of Education, Defense, and Industry. It meets to discuss matters of state in the capital city of Valdenton. Citizens pay a flat income tax of 6.6%.

The frighteningly efficient New Waldensian economy, worth 966 trillion Lollards a year, is broadly diversified and led by the Tourism industry, with significant contributions from Information Technology, Retail, and Book Publishing. State-owned companies are reasonably common. Average income is an impressive 153,696 Lollards, with the richest citizens earning 7.0 times as much as the poorest.

Religious leaders order congregants to love any neighbour who is just like themselves, footballers are doing aerobics in the sauna to build their hot weather endurance, paranoid museum guards keep a lookout for any animated displays attempting to escape the premises after dark, and citizens are expected to be proficient in at least five languages. Crime, especially youth-related, is totally unknown. New Waldensia's national animal is the Fox, which frolics freely in the nation's many lush forests, and its national religion is Credobaptist Christianity.

New Waldensia is ranked 73,415^th in the world and 88^th in Federation of Conservative Nations for Largest Black Market, with 396 billion Standard Monetary Units.