MoneyWeek

Best of the financial columnists

Up against the limits to growth

Simon Kuper

Financial Times

Over-construction and understaffing have become “global problems” since Covid-19, but the Netherlands had already “run out of space and staff”, says Simon Kuper. Even if a recession temporarily loosens the jobs market, the problem will “simply resurface whenever growth resumes”. The country, “well-suited” to globalisation, is probably the first “to hit the limits of economic growth”. Until 2008, Europe’s biggest port had had 26 years of unbroken growth. As a result its population “mushroomed”.

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek2 min readIntelligence (AI) & Semantics
The Top Companies Powering Progress And Productivity In Technology
The Liontrust Global Technology Fund invests in technology companies that create huge value for customers by driving down costs and prices and boosting productivity. When companies do this they create demand, develop products further and grow the ove
MoneyWeek2 min read
Short Positions... Investors Bolster Their Defences
■ European investors are increasingly putting their money into exchange-traded funds (ETFs) tracking the defence sector, says the Financial Times. The three available ETFs had net inflows of $189m by 22 April, putting them on track to match the recor
MoneyWeek1 min read
IPO Watch
Etihad Airways, the Abu Dhabi-based carrier of the United Arab Emirates, has selected several investment banks to help it launch an initial public offering (IPO) that could raise up to $1bn, says Bloomberg. The Abu Dhabi investment fund ADQ, which ow

Related Books & Audiobooks