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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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.”
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