Economy
According to 2008 IBGE statistics, the GDP was at R$ 22,452,492,000. And the GDP per capita was at R$ 14,485.
Recife is one of Brazil's prime business centers, largely because it has one International Airport and two International ports. One is located in the town itself, and the other, the port of Suape, is located about 40 kilometres (25 mi) away. Just south of Recife is the region's main industrial area, where the following industries can be found: brewing and canning, automotive electronics, tube manufacturing, chocolate manufacturing, textiles, etc.
Recife has shared in the prosperity of Northeastern Brazil that resulted from development promoted after 1960 by Sudene (Superintendência para o Desenvolvimento do Nordeste), a federal organization. Although its retail and wholesale trade have grown in response to the region's increases in population and wealth, the market area and the walkways of the city's bridges are crowded with vendors selling small items.
Read more about this topic: Recife
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)
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)