Economy
There are three main economic centres in the department, located in the main urban areas:
- To the North and centre of the department, with centre in the town of Aigua, is a region dedicated to livestock raising, which has been sufferering from a steady depopulation in latter years.
- To the West, with centre in the city of Pan De Azucar, is the agro-industrial region, which lately has been experiencing a demographic stagnation.
- To the South, bordering the coastline, centered in Piriapolis and Maldonado's metropolitan area, including San Carlos and Punta Del Este, is the main tourism region, which has become one of the areas with the biggest growth rates in the country.
The main crops are wheat, maize, sunflowers, oats, potatoes, among others, located in the south of the department. Fishing, as well as cattle and sheep raising have also a great importance in the department's economy. It is, along with Lavalleja, the main and most diversified mining area of the country producing (marble, metals, feldspars and construction materials), but it is currently underexploited. It has however, been the department with the fourth most significant mining activity, after Lavalleja, Canelones and Montevideo, with a production worth 4,642,123 dollars, according to 1999 data.
Tourism, especially centered around Punta del Este, La Barra, Jose Ignacio and Piriápolis, has been one of the main sources of income for the department since the 1950s. It has also been the main cause for its unique urban concentration of the population (94% out of the total).
The Laguna del Sauce International Airport is a significant local economic motor.
Read more about this topic: Maldonado Department
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)