Economy
The Aosta Valley remained agricultural and pastoral until the construction of hydroelectric dams brought metalworking industry to the region.
Agriculture has become increasingly specialised, retaining only a marginal interest in cereals, potatoes and fruit. Wines of high quality are produced in small quantities. All are entitled to the Denominazione di origine controllata (Valle d'Aosta DOC / Vallée d'Aoste DOC). Animal feed crops supply the region's dairy herds, some 40000 head in 2000, which are pastured in the high Alps during the summer period. The region's cheeses are renowned throughout Italy. Virtually no other form of stock rearing is practised.
Tourism is one of the strongest points of the region's economy. The valley's natural beauty, its peaceful atmosphere in summer and snow in winter have allowed the development of a flourishing tourism industry centred on winter sports, most famously at Courmayeur and Cervinia.
The upper Aosta Valley is the traditional southern starting-point for the tracks, then roads, which divided here to lead over the Alpine passes. The road through the Great St Bernard Pass (or today the Great St Bernard Tunnel) leads to Martigny, Valais, and the one through the Little St Bernard Pass to Bourg-Saint-Maurice, Savoie. Today Aosta is joined to Chamonix in France by the Mont Blanc Tunnel, a road tunnel on European route E25 running underneath the mountain.
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Famous quotes containing the word economy:
“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)
“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)