TY - BOOK AU - Beckerman,Wilfred ED - National Institute of Economic and Social Research. TI - The British economy in 1975 AV - HC256.5 .B42 U1 - 330.9'41 PY - 1965/// CY - Cambridge, England PB - University Press KW - Great Britain — Economic conditions — 1945 KW - Great Britain Econoic policy KW - Economic forcasting KW - Great Britain N1 - Includes bibliographical references and index N2 - Long-range economic forecasts have two main purposes. The first is to bring out the implications of differing rates of growth, and so provide guidance about the feasibility of a higher rate of growth, and what must be done to attain it. The second is to provide a background for policy in fields where present decisions have implications which run far into the future. Mr. Beckerman and his associates have attempted both tasks. They build up a detailed picture of the structure of the economy that is likely to emerge if the economy attains the postulated rate of growth, and they analyse in detail the prospects for energy, transport, housing, health and welfare, and education, the sectors where indivisibilities, long-lived specific assets, and long training periods make long-range forecasts essential in the formulation of policy ER -