Vernon Report on Tariffs and Effective Rates Analysis
A parliamentary excerpt discusses the Vernon Report focusing on tariff policy. It explains nominal versus effective rates, the need for itemized analysis, and the Tariff Board’s role in evaluating economic efficiency. The passage notes ongoing government consideration and cautions against overstating protections.
MENTIONED IN THIS ARTICLE
Tariff Board
P Otic
Lam
Committee of Economic Inquiry
Jefferson
Controversy over capital inflow and policy guidance
Critics argue the analysis overvalues dramatic 1961–62 illustrations and questions include the 6, 7 and 8 percent assumptions. The committee defends its reliance on historical trends and warns against overemphasizing unusual 1961–62 cases while urging robust public analysis and a non coercive advisory role in democratic policy making.
MENTIONED IN THIS ARTICLE
United States
United Kingdom
Loughsback
The Secret World of the Unborn Revealed
A pediatrician mother explains the unborn baby’s world inside the womb in December Reader’s Digest. The piece, titled The Secret World of the Unborn, describes weightless movement and sensory abilities as the fetus develops. Out to day: 2/6.
MENTIONED IN THIS ARTICLE
Reader's Digest
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Antidivingn Generae
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Obtas
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Technocracy
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Advisory Council
Commonwealth Grants Commission
Australian Universities Commission
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Council of Economic Advisers
National Economic and Development Council
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