The upswing in global construction activity is set to continue over 2022, supported by a wave of publicly funded civil engineering projects.
Cities will bounce back
Posted by James Bottomley on Sep 22, 2021 2:00:00 PM
Many major cities around the world—especially in North America and Europe—have been hit disproportionately hard by Covid-19 compared with their...
New business creation is a booster shot for the US job market
Posted by Mahir Rasheed on Aug 31, 2021 3:00:00 PM
An unexpected bright spot of the pandemic has been a surge in risk-taking by entrepreneurs, igniting a record stretch of business creation over the...
Construction’s productivity problem requires technology-based solutions
Posted by Toby Whittington on Aug 25, 2021 3:00:00 PM
The construction sector has been one of the most resilient areas of the economy during the pandemic. As many other areas of the economy had to...
Australia’s cyclical factors drive construction cost growth
Posted by Thomas Creevey on Jul 28, 2021 3:00:00 PM
Although the structural drags on inflation in commodity prices will remain post-COVID, short-term cyclical factors have risen sharply in recent...
Policy-makers bet on construction to escape COVID economic shock
Posted by Luka Raznatovic on Jul 27, 2021 4:09:49 PM
The construction sector did not escape the coronavirus-induced economic downdraft unscathed. Activity at the global scale fell 1.4% in 2020, with...
Will the European Union’s recovery mark a shift towards a green economy?
Posted by Katharina Koenz on Jun 8, 2021 5:00:00 PM
In his recent blog post, Ahmed Esam discusses the challenges the GCC region faces as it aims to transition away from its reliance on oil production....
This economic recovery is different, but why?
Posted by Sarah Hunter on Jun 3, 2021 10:00:00 AM
The economic fallout from the pandemic has thrown economists a number of curve balls. The usual rules about recessions, with business investment...
Will GCC countries be economies of the future or old oil ghost countries?
Posted by Ahmed Esam on May 27, 2021 9:33:13 AM
The sustainability of hydrocarbon revenues among Gulf Cooperation Council (GCC) economies has been a major concern for decades, prompting a plethora...
Risks and challenges to an “infrastructure-led” recovery
Posted by Adrian Hart on Apr 28, 2021 3:45:00 PM
In a recent blog post we highlighted the role that public infrastructure investment can play in leading and sustaining economic recovery. Spending on...