Abstract
THE first report of the National Institute of Economic and Social Research, which covers the year 1940-41, includes a brief review of the history of the Institute since its formation in 1938. The original research programme of the Institute, which was largely planned upon the basis of a two-year period, was prepared by special committees of the Institute constituted for the following subjects: (1) statistical studies of the national income and changes in its magnitude and distribution ; (2) location of industry and the distribution of the industrial population; (3) British commercial policy and the administration of overseas trade ; (4) the organization of the credit and capital markets ; (5) short-period economic change ; (6) economic and administrative problems of unemployment.
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