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Cross-border

economic

development

32

Territory portraits: economic development on different borders

Economic fabric

Along the coast, apart from Monaco, economic activity mainly centres

on the “presential economy”, which alone provides 90% of jobs on

the French side of the border.

54

This is due to the particularly marked

focus of the region on tourism, and also to the number of retired people

settling in the area, who represent 30% of the population aged 15 or

over. This is 2 percentage points above the regional average and 6

percentage points higher than in comparable border areas.

55

On the

Italian side, the coastal area is home to an even higher percentage of

retired people (almost 32% of the whole Ligurian population

56

). The

Ligurian economy is however slightly more industrialised than that of

the Alpes-Maritimes Department (19% of jobs compared with 12.5%).

The economy is characterised by a strong prevalence of companies

specialising in horticulture-floriculture and permanent crops, particularly

in the province of Imperia (nearly 7,500 businesses in 2010

57

). Lastly,

many Italian craft enterprises operate on the French side of the border

54

Source: INSEE, “Zone d’emploi Menton-Vallée de la Roya” (“Menton-Roya Valley Employment

Area”), No. 40, February 2014.

55

Source: INSEE, “Zone d’emploi Menton-Vallée de la Roya”, op. cit.

56

Source: ISTAT, 2013.

57

Source: ISTAT, 2010.

(notably the building and landscaping sectors), in competition with their

French counterparts, but meeting deadlines more reliably and offering

more competitive rates.

The Principality of Monaco constitutes a very important services centre

(with only 6.6% of jobs in industry, representing 6.2% of GDP), including

the scientific and technological activities, administrative and support

services sector, which employs the largest number of people (21.8%).

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As a percentage of GDP, this sector is also the largest (16.7%), along

with the financial and insurance sector (also 16.7%); real estate activities

come in third position (8.4%), followed by wholesale trade (8.3%).

59

The remainder of the border is characterised by economic activities

typical of a rural mountainous area: tourism (mainly in winter), but also

a network of SMEs (agri-food, cosmetics etc.). The maritime border

(Corsica and Sardinia) presents economic issues linked to tourism.

58

Source: IMSEE, 2013

59

Source: IMSEE, GDP 2013.