Enschede - Economy

Economy

The city is a former centre of textile production. When this industry left the area for cheaper production centers in South-East Asia, Enschede became one of the poorest municipalities in the Netherlands. The biggest challenge of the city is to prevent higher educated (wealthy) citizens from moving to the west (Randstad). Decades of renovation work in the city center have been carried out with the goal of making Enschede more attractive to this group.

Modern shopping centers and department stores that until recently were only found in much larger cities have been opened. Enschede is host to many yearly festivals and the Old Market Square is often the venue for events, live music and other activities on the weekend. After some hesitation on the part of the city council, Enschede was able to host Roze Zaterdag in the summer of 2004 which was a huge success. This not only gave the local economy a boost, but also drew positive attention to Enschede's gay community, the largest in the east of the Netherlands.

Like the German capital Berlin Enschede has a troubled urban economy, but is still home to a vibrant artistic scene. Also the city's laid-back attitude, by some attributed to the relatively low economic activity of its inhabitants (labour participation was about 57% in 2006) and the large numbers of students, artists and (semi-) government employees, make for a 'Berlinesque' atmosphere.

The proximity to Germany has, historically, been another major factor in the city's economic activity, ranging from the smuggling of coffee and tobacco in the 19th and 20th century, to large numbers of Germans, who visit the city's shops and (especially) the weekly markets. Therefore, most natives of Enschede speak German more or less fluently.

The city is co-operating with the nearby municipalities of Almelo, Borne and Hengelo as Netwerkstad Twente. A draft law plan to merge Enschede with Hengelo and Almelo was defeated in parliament under the influence of opposition from the other towns.

The world famous Grolsch beer is brewed in Enschede.

Read more about this topic:  Enschede

Famous quotes containing the word economy:

    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)

    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)

    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)