Writers are known to live in their own worlds, so giving them a country of their own seems a modest enough proposal. Indeed, as they have created so many worlds for the benefit of others, it is the least society can do to repay them. The location of this Republic will require consideration. A corner of Belize would be ideal, that country permitting, but other venues may be proposed.
As for the laws and mores that will govern such a Republic, I will have to group-source that project; the concept is too large for one writer’s brain. But here, in no particular order, are a few opening suggestions:
2. Time-honored tradition: Upon finishing final edits, writers send every writer they know a box of said currency.
3. Safety: Crossing guards at all intersections for writers lost in thought or reading as they walk. (Foreign crossing guards, naturally. Natives would be useless.)
4. Border patrol: Literary agents.
5. Firing squads: Critics.
6. Gun laws: Imaginary weapons only, but no limit on those.
7. Sustenance: A chicken in every plot.
Your proposals, please.