Economy
Novosibirsk Oblast's gross regional product in 2007 was $14,950.2 million. GRP per capita was 144,869 roubles; somewhat under the national average of 198,817 roubles. For many years, the region experienced relatively high rates of industrial output growth: between 1999 and 2008 industrial output grew 170%, exceeding the Russian average growth by 23%.
Read more about this topic: Novosibirsk Oblast
Famous quotes containing the word economy:
“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)
“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)
“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)