Economy
The major industries in Dagestan include oil production, engineering, chemicals, machine building, textile manufacturing, food processing, and the timber. Oil deposits are located in the narrow coastal region. The Dagestani oil is of high quality, and is delivered to other regions. Dagestan's natural gas production goes mostly to satisfy local needs. Agriculture is varied and includes grain-farming, viticulture and wine-making, sheep-farming, and dairying. The engineering and metalworking industries own 20% of the republic's industrial production assets and employ 25% of all industrial workers. Dagestan's hydroelectric power industry is developing rapidly. There are five power plants on the Sulak River providing hydroelectric power. It has been estimated that Dagestan's total potential hydroelectric power resources are 4.4 billion kW. Dagestan has a well-developed transportation system. Railways connect the capital Makhachkala to Moscow, Astrakhan, and the Azerbaijani capital, Baku. The Moscow-Baku highway also passes through Dagestan, and there are air links with major cities.
Conditions for economic development are favorable in Dagestan, but – as of 2006 – the republic's low starting level for a successful transition to market relations, in addition to rampant corruption, has made the region highly dependent on its underground economy and the subsidies coming from the central Russian government. Corruption in Dagestan is more severe than in other regions of the former Soviet Union, and is coupled with a flourishing black market and clan-based economic system.
In 2011 Rostelecom started implementation of WDM-based equipment on the backbone network for data transmission in the Republic of Dagestan. Due to WDM introduction the fiber-optic communication lines bandwidth increased to 2.5 Gbit/s. Rostelecom invested about 48 million rubles in the project.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)