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Device or Disaster?

on Third Programme

A discussion on devaluation between Robert Neild of the National Institute of Economic and Social Research and lan Lloyd

In a recent number of the National Institute's Economic Review a case was made for the devaluation of the pound to help correct the payments deficit and to provide a breathing-space in which measures could be taken to stimulate the growth of productivity. The value of this remedy has been widely challenged.
(Second broadcast)

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Robert Neild

Third Programme

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