Q: What do you do in a recession?

By Tom Dodds on Oct 20, 08 08:58 AM

To Poland to mark the first birthday of the opening of the country's first deepwater container terminal at the city of Gdansk. It's an impressive facility, capable of handling deepwater container vessels and capturing a significant part of the Baltic's container traffic. Funded by an Australian bank, its modular design makes it a relatively simple task to expand as container traffic grows. DCT Gdansk realise that they need good connections to the rest of Poland, so they've already built a rail link and are campaigning to improve nearby roads so that lorries can quickly travel into the hinterland.

A: You plan for the upturn! Infrastructure investment creates short- and medium-term construction industry jobs and gives us renewed or expanded infrastructure such as port facilities, railways and roads so that the transport industry is well placed when the world economy takes a turn for the better. It's classic Keynesian economics, and a point that hasn't been overlooked by the chancellor. So, let's hope that next month's pre-budget report contains some real, new investment, and not just a "re-announcement" of spending already committed.

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