Economy
The economy of Nord-Est region is mainly agricultural, especially towards the north, even though there are a number of industrial cities, especially Iaşi, Bacău and Suceava. The regional GDP per capita is the lowest in Romania, at about two-thirds of the national average. Botoşani and Vaslui are sometimes regarded as the poorest counties in Romania. Despite this, Iaşi, the largest city in Nord-Est is one of the wealthy cities of the region. The region's richest counties are, in order, Iaşi, Bacău, Suceava, Neamţ, Vaslui and Botoşani.
Read more about this topic: Nord-Est (development Region)
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 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)