A strategic approach to the UK construction industry

The construction industry is a microcosm of the economy as a whole, and as such the economics of the sector contains many of the aspects of the economy in general, albeit with fascinating and unique features.

What are the implications of economic theory for the future of UK construction?

How does the industry ensure innovation, quality and efficiency?

What priorities might best serve the construction industry, those working in it and their customers?

In seeking answers to these questions, the UK government has commissioned a number of reports on the construction industry including the Latham and Egan reports and more recently Construction 2025.

In this book, Stephen Gruneberg stands in stark contrast to those reports and presents the relevant theoretical aspects of construction economics to account for the behaviour of construction firms and suggest a strategy for future growth and sustainability.