Economy
Angarsk has the largest industrial zone in Asia. It includes Angarsk Petrochemical Complex and Angarsk Electrolysis Chemical Complex. Angarsk also hosts a showcase international nuclear fuel cycle center, which will be one of the first Russian enrichment centers to be placed under IAEA safeguards. Angarsk is also the site for a Nuclear Fuel Bank, following a decision by the IAEA in November 2009; working with Russia, IAEA established this bank to supply market priced fuel to member states as protection against possible supply disruptions.
In 2005, Angarsk won the first prize in a nationwide contest for the fastest development of public utilities.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)