What does NCED mean in
NCED stands for National Council for Economic Development. It is a non-governmental organization in the United Kingdom that focuses on economic development issues. The NCED was established in 1962 and is based in London.
NCED meaning in in Governmental
NCED mostly used in an acronym in Category Governmental that means National Council for Economic Development
Shorthand: NCED,
Full Form: National Council for Economic Development
For more information of "National Council for Economic Development", see the section below.
» Governmental »
What does NCED stand for?
- National
- Council for
- Economic
- Development
Focus Keywords
- NCED meaning in GOVERNMENTAL
- NCED full form
- What does NCED stand for
- NCED means
Functions and Objectives of NCED
- The NCED's main objective is to promote economic growth and development in the United Kingdom.
- It conducts research on economic issues and makes policy recommendations to the government.
- The NCED also provides a forum for discussion and debate on economic policy.
Membership and Structure of NCED
- The NCED is a membership organization. Its members include businesses, trade unions, and other organizations representing different sectors of the economy.
- The NCED is governed by a council, which is made up of representatives from its member organizations.
Roles of NCED
- The NCED plays a significant role in the development of economic policy in the United Kingdom.
- Its research and policy recommendations are widely respected and influential.
- The NCED also provides a valuable forum for discussion and debate on economic issues.
Essential Questions and Answers on National Council for Economic Development in "GOVERNMENTAL»ECONOMY"
What is the National Council for Economic Development (NCED)?
The NCED was an advisory body established in 1962 to promote economic growth and prosperity in the United Kingdom. It comprised representatives from industry, trade unions, and academia, and advised the government on economic policy. The NCED was disbanded in 1992.
What were the main functions of the NCED?
The NCED had three main functions:
- To provide a forum for discussion and consultation between industry, trade unions, and the government on economic issues.
- To advise the government on economic policy.
- To conduct research and publish reports on economic issues.
Why was the NCED disbanded?
The NCED was disbanded in 1992 as part of the government's wider reforms of public bodies. The government felt that the NCED's functions could be carried out by other bodies, such as the Confederation of British Industry (CBI) and the Trades Union Congress (TUC).
What is the legacy of the NCED?
The NCED played a significant role in shaping economic policy in the United Kingdom during the 1960s and 1970s. Its reports and advice helped to inform government thinking on issues such as industrial policy, trade, and taxation. The NCED's legacy is also reflected in the work of other organizations, such as the CBI and the TUC, which continue to play an important role in economic policymaking in the United Kingdom.
Final Words: The NCED is a leading organization in the field of economic development in the United Kingdom. Its work helps to inform and shape economic policy and contributes to the economic growth and prosperity of the country.
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