Economy
Guayaquileños' main sources of income are: formal and informal trade, business, agriculture and aquaculture. Most commerce consists of small and medium businesses, adding an important informal economy occupation that gives thousands of guayaquileños employment.
On going projects seek urban regeneration as a principal objective to the growth of the city's commercial districts, as the increase of capital produces income. These projects in the city driven by the recent mayors have achieved this goal after investing large sums of money. The current municipal administration aims to convert Guayaquil into a place for first-class international tourism and business multinationals.
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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)
“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)
“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)