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:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)