It’s not just bankers’ ballooning bonuses that can forewarn of an impending financial disaster. It now appears that periodic global cravings for ever-taller buildings might also be harbingers of economic doom. If new research from Hong Kong is to be believed, China’s frenetic high-rise boom, with India in its wake, could reflect a “misallocation of capital, which may result in an economic correction for two of Asia’s largest economies in the next five years.”Since launching its Skyscraper Index 13 years ago, Barclays Capital (BarCap) has revealed “an unhealthy correlation between construction of the next world’s tallest building and an impending
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.