Going to hawaii

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Reflation, macroeconomic policy designed to expand aggregate demand in order to restore full employment levels of national income. Typical reflationary measures include expansion of the money supply with consequent reductions in interest rates, increases in government expenditure and reduction in taxation keynes, j. m.).

Regional development grants assisted areas.

Regional Economic Planning Councils. In 1964 the U.K. government established planning councils and boards to coordinate and develop economic policy for the economic regions of England, Wales and Scotland. The councils consisted of part-time members who were local-government officials, industrialists and trade unionists with a special interest in regional affairs. The chairmen and members were appointed by the Secretary of State for Economic Affairs in the English regions, and the Scottish and Welsh Secretaries of State in Scotland and Wales.

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