Economy
The gross domestic product in Lombardia (equal to over €318.424 billion in 2009) accounts for 20% of the total gross domestic product of Italy. When this measure is considered by inhabitant, it results in a value of €31,600 per inhabitant, which is almost 25% higher than the national average of €24,300.
Lombardy's development has been marked by the growth of the services sector since the 1980s, and in particular by the growth of innovative activities in the sector of services to enterprises and in credit and financial services. At the same time, the strong industrial vocation of the region has not suffered from it. Lombardy remains, in fact, the main industrial area of the country. The presence, and development, of a very high number of enterprises belonging to the services sector represents a favourable situation for the improvement of the efficiency of the productive process, as well as for the growth of the regional economy. Lombardy is one of the Four Motors for Europe.
The region can broadly be divided into three areas as regards the productive activity. Milan, where the services sector makes up for 65.3% of the employment; a group of provinces, Varese, Como, Lecco, Bergamo and Brescia, highly industrialised, although in the two latter ones, in the plains, there is also a rich agricultural sector. Finally, in the provinces of Sondrio, Pavia, Cremona, Mantova and Lodi, there is a consistent agricultural activity, and at the same time an above average development of the services sector. The productivity of agriculture is enhanced by a well-developed use of fertilizers and the traditional abundance of water, boosted since the Middle Ages by the construction (partly designed by Leonardo da Vinci) of a wide net of irrigation systems. Lower plains are characterized by fodder crops, which are mowed up to eight times a years, cereals (rice, wheat and maize) and sugarbeet. Productions of the higher plains include cereals, vegetables, fruit trees and mulberries. The higher areas, up to the Prealps and Alps sectors of the north, produce fruit and vines. Cattle (with the highest density in Italy), pigs and sheep are raised.
Read more about this topic: Lombardy
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)