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The Roussillon apricot
The wines and spirits - the Catalan spearhead
The real estate fever in Northen Catalonia

he economic history of North Catalonia began long before our contemporary period. The numerous Catalan consulates in the Mediterranean in the Middle Ages illustrate the influence of the Catalan economy, overseen by Perpignan’s Loge de Mer. Catalan textiles, the Catalan forges and shipbuilding knew their glory days and the country was strong with its initiatives. But then the development and the sharing of the region’s riches was weakened in the wake of the French annexation of 1659. The northern part of the Iberian Peninsula, the region transformed by France and injured by the Industrial Revolution of the 19th Century, retained the strength of its activities in the textile, sandal-making, agricultural and fishing industries, all of which are now symbolic of the area. The wines and spirits business continued to develop itself up until the present day but the fishing and agriculture industries experienced a crisis after World War II. Already affected by a population and brain drain, North Catalonia then lost the majority of its special industries in the 1980s (Nobel explosives and Bella dolls) and began to favourise the tertiary sector: administration, tourism and services adapted for retirees.

The TGV (fast train) from Perpinyàjjjj
to Barcelona, to be completedjjj
in 2009.

In the 21st Century the North Catalan economy is full of paradoxes; the weakest GDP in France, unemployment close to 16%, assistance for integration of immigrants, buying power is two times less than the Paris region, unemployment assistance and growing precariousness exists alongside a record presence of commercial areas, luxury vehicles and people with large taxable fortunes. Local investment is replaced by an income economy, goods production and consumption remains a testimony. Only the construction sector conserves its solidity with real estate inflation reaching its peak. However, the connection of Perpignan and Barcelona by the new TGV fast train in 2009, which will take 63 minutes, is a huge bonus for the North Catalan economy and will bring together the production driving forces of southern Europe. The trans-frontier union in the new Euro-Catalan space is an essential change for the future of the North Catalonian economy.

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