Architect Norman Foster on Why the West Struggles to Build Big

Not many people think of designing buildings as an exercise in economics, but the entire process is defined by constraints around resources (both physical and financial), and an iconic building can also have a huge impact on the wealth and development of the area around it. So how do you encourage private developers to consider the public good when designing new projects? And how are some countries able to encourage more landmark building projects than others? In this episode, we speak with Norm

• Building design is directly related to management of economic resources
• Iconic architectural structures contribute to regional economic development
• Private sector should be incentivized to consider public benefit
• Different countries have varying capacities for constructing large-scale projects