National Economic Development Council

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Related to NEDC: NEDCO, NRDC

National Economic Development Council

A former forum that brought together members of the British government, unions, and business interests to make recommendations for the government to promote economic growth. It was based on the corporatist idea that discussion between classes encouraged the best result for all. It was created in 1962 and was abolished in 1992.

National Economic Development Council (NEDC)

an organization that operated in the UK from 1962 to 1992 whose objective was to improve the country's poor economic performance compared to other advanced industrial countries. NEDC was created as a form of economic-planning agency, bringing together the government and both sides of industry, management and the trade unions, with a general remit to identify obstacles to the attainment of improved efficiency and growth and to formulate appropriate means of overcoming them. At the ‘grass-roots’ level, NEDC was represented by various subcommittees (Economic Development Committees), each covering a particular industrial sector, with the main NEDC body playing a supportive and coordinating role. See also INDICATIVE PLANNING, NATIONAL PLAN.
References in periodicals archive ?
Finally, in the sustainment phase, the systems and applications are hosted based on the agreed-upon service levels and established NEDC rates.
Chadwell said the NEDC asked America's Choice to repay the incentive money, but the company didn't.
Other programs the NEDC has developed include the Business Equity program, youth entrepreneurship, mentoring and Business Links.
These really point to the deficiencies of the NEDC economy tests for measuring cars like this, rather than the real world abilities of the GTE.
Initially, the performance program was going to be just for participants in the adult programs at NEDC - an adult day program for people with different disabilities, and a social day program for senior citizens.
As the Navy moves forward with data center consolidation, an ongoing assessment of other hosting options will be considered, including commercial enterprises, joint programs under the Defense Information Systems Agency (DISA) and expansion of the NEDC to additional locations.
4 liter per 100 km in the NEDC (New European Driving Cycle).
6-liter V6 engine, thanks in part to the new eight-speed Tiptronic S automatic transmission it is approximately 20 percent more fuel efficient in the NEDC than the previous model.
The NEDC had given America's Choice $240,000 worth of economic incentives over three years as part of the incentive to come to Newport.
After leaving TV in the early 1970s, he became director of the NEDC, now One NorthEast.