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 ?
In the following section, the effectiveness of all three criteria to optimize the fuel and water consumption trade-off will be analyzed in the driving cycles NEDC, [WLTC.
The NEDC and WLTP driving cycles are similar in profile but have key differences in terms of speed, duration and profile regularity as shown in the image.
The WLTP is being developed by the UNECE (the United Nations Economic Commision for Europe) and will serve as a successor to the NEDC in the European Union.
Figure 6 shows the calculated recuperation energy from simulation for all operating modes while driving the NEDC and WLTP for a D-segment 2.
For laboratory test, the behavior of the engine during a rolling bed NEDC test was replicated on a standard stationary test bed.
To calibrate the simulation model, two tests were done under NEDC while the environment temperature were 8[degrees]C and 25[degrees]C.
For the NEDC cycle, the equivalent fuel consumption (g) for the rule-based case, optimal energy management, and optimal energy management/gear shifting were as follows: [1017.
Although the top speed is 266 km/h, the Macan Turbo delivers NEDC fuel consumption figures of between just 9.
The NEDC sites are maturing in how they work together as an enterprise, and customers are seeing the benefits in terms of standard hosting services and lower rates.
A representative of Flytech noted that the firm's cooperation with NEDC will help boost F&B and retail POS markets in China and expand into medical applications in the future.
The NEDC handles about $140 million of merchandise, at cost, per year.