Economy
The economy of Nord-Vest is mainly agricultural (46% of its population having agriculture as their main occupation), even though there is some heavy and light industry in the major regional industrial centres of Cluj-Napoca, Oradea, Baia Mare, Bistriţa, Satu Mare and Zalau.
There are also several mining centres in Maramureş county and in the Apuseni Mountains. Many of these mining areas have been partly shut down, resulting in significant local unemployment, even though unemployment in the Nord-Vest region is at approximately 4%, below the Romanian national average of 5.5%. Many mining areas have been classified by the government as defavourised zones, with incentives given to investors who plan to create jobs in these areas and diversify the economy.
The region's GDP per capita is slightly below the Romanian average (approximately 90% of the Romanian average), despite the fact that the major cities – Cluj-Napoca and Oradea – are some of the most prosperous in Romania.
Read more about this topic: Nord-Vest (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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)