Abstract

British Labor Takes Stock
Hutchison, Keith | June 5, 1948 issue

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This article focuses on the 47th annual conference of the Labor Party of Great Britain. As a report presented by the National Executive to the conference pointed out, a steadily increasing output of goods is essential to secure a volume of exports sufficient to pay for needed imports, the maintenance of full employment, which would be threatened if imports of raw materials were curtailed, underpinning for the new social services, which must be paid for in real income as well as money income, and a reduction in prices needed to check inflationary tendencies.

See Also:

CONGRESSES & conventions; POLITICAL parties; INTERNATIONAL trade; INFLATION (Finance); EMPLOYMENT (Economic theory); GREAT Britain
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