Recovery and Current Situation
Since the recovery of the national economy that followed the 2001 collapse, Rosario's economic situation has improved. It is the fastest growing city in Argentina, a situation which is improving living conditions. The massive boom in agricultural exports (mainly soybean products) in the province has caused a large amount of consumer spending and investment in Rosario, which is also receiving more small-scale tourism than ever. Among the businesses which have opened (or re-opened) in the city, there are two large shopping malls, Alto Rosario and El Portal.
According to the 2001 census, the city of Rosario has about 910,000 inhabitants, and the Greater Rosario metropolitan area adds up to more than 1.1 million. A wave of suburban development has been triggered by a recent spike in the price of real estate (from 2005 on), with new neighbourhoods sprouting from formerly underdeveloped areas (such as the north-east, near the airport).
The Mayor (intendente) of Rosario as of 2005 is Miguel Lifschitz (of the Socialist Party). This administration, like the previous one (headed by Hermes Binner, current governor of the province), is taking advantage of the economic boom to invest heavily in public works, as well as public health (which takes up about a quarter of the whole budget).
Read more about this topic: History Of Rosario
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