Shiga Prefecture - Economy

Economy

Cultivated areas occupy nearly one-sixth of the prefecture. Rice is the principal crop: over 90 percent of the farmlands are rice fields. Most farms are small, producing slight income. Most farmers depend on income from other sources. Eastern Shiga is famous for cattle breeding and southeastern Shiga is famous for green tea. On Lake Biwa, some people are engaged in fishery and freshwater pearl farming.

Since the Medieval Period, especially in Edo period, many Shiga people were active in commerce and were called Ōmi merchants (近江商人, Ōmi shōnin, Ōmi akindo?), sometimes Ōmi thieves (近江泥棒, Ōmi dorobō?) by other envious merchants. For example, Nippon Life, Itochu, Marubeni, Takashimaya, Wacoal and Yanmar were founded by people from Shiga. In their home towns such as Omihachiman, Hino, Gokashō and Toyosato, their mansions were preserved as tourist attractions.

Beginning in the 1960s, Shiga developed industry, supporting major factories owned by companies such as IBM Japan, Canon, Yanmar Diesel, Mitsubishi, and Toray. According to Cabinet Office's statistics in 2007, the secondary sector of the economy accounted for 44.8% of Gross Shiga Product, the highest proportion in Japan. Traditional industries include textiles, Shigaraki ware, Butsudan in Hikone and Nagahama, medicines in Koka, and fan ribs in Adogawa.

Read more about this topic:  Shiga Prefecture

Famous quotes containing the word economy:

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    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)

    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)