§ 38. Mr. Martenasked the Chancellor of the Exchequer what effect would the British proposals, starting with a 3 per cent. opening contribution to the European Economic Community budget, have on the public expenditure programme outlined in the White Paper, Command Paper No. 4578.
§ Mr. Maurice MacmillanIt is too early to make worthwhile estimates.
§ Miss Quennellasked the Chancellor of the Exchequer if he will publish a table, showing the average annual growth-rate of the European Economic Community since its formation, compared with the average annual growth of the component European Economic Community countries before the formation of the Community over a similar period with comparative figures for the United Kingdom.
§ Mr. HigginsThe information is given in the table below. The figures for the separate countries are given for the longest periods for which comparable information is available from O.E.C.D.
AVERAGE ANNUAL RATES OF GROWTH OF GROSS NATIONAL PRODUCT AT 1963 MARKET PRICES Period covered Average annual percentage increase European Economic Community 1958–69 5.5 United Kingdom … … 1958–69 3.1 Belgium … … 1953–58 2.6 France … … 1950–58 4.5 Germany … … 1950–58 7.8 Italy … … 1951–58 5.3 Netherlands … … 1950–58 4.2 United Kingdom … … 1950–58 2.3 Sources: E.E.C. National Accounts 1959–69.
O.E.C.D. National Accounts 1950–68.