HC Deb 08 March 1978 vol 945 cc680-1W
Mr. Hooley

asked the Chancellor of the Exchequer what account he is taking of the statement of the Secretary-General of the United Nations that an improvement in the condition of the developing countries would stimulate the economies of the industrialised nations by the increased trade which would be promoted in formulating financial policy.

Mr. Robert Sheldon

The likely effects are fully taken into account. The Government consider that the best way of improving the conditions of developing countries is to secure a sustained and satisfactory recovery of activity in their industrial country trading partners.