Economy
The port of Ghent, in the north of the city, is the third largest port of Belgium. It is accessed by the Ghent-Terneuzen Canal, which ends near the Dutch port of Terneuzen on the Western Scheldt. The port houses, among others, big companies like Arcelor-Mittal, Volvo Cars, Volvo Trucks, Volvo Parts, Honda, and Stora Enso.
The Ghent University and a number of research oriented companies are situated in the central and southern part of the city, such as Ablynx, Innogenetics, Cropdesign, Bayer Cropscience.
As the biggest city of East-Flanders, Ghent has many hospitals, schools and shopping streets. Flanders Expo, the biggest event hall in Flanders, second biggest in Belgium, is also located in Ghent. Tourism is increasingly becoming a major employer in the local area.
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Famous quotes containing the word economy:
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)