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Policy Issues in Aerospace Offsets Report of a Workshop (1997) / Chapter Skim
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DO OFFSETS COST OR KEEP JOBS?
Pages 32-36

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 32...
... The competitive challenges behind these figures include the rising Airbus market share. The European Union's share of aircraft deliveries to Europe exceeded 50 percent in 1995 for the first time, and rose to 40 percent worldwide.
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From page 33...
... A second major change is that, with few new airplane production programs scheduled in the future, both foreign military sales and commercial programs coming on line are mod programs. The issue is becoming not one simply of unit production, but one of services: workers and engineers providing testing and 33 -my - - - i -- -- -- - -- r r integrated logistics support.
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From page 34...
... However, to the foreign firms engaged in defense sales, it seems clear that if they want to do defense business in the United States, they will have to grant a license for production by a U.S. prime, as in the case of the British Harrier jet, the Italian Bereta, or Swiss trainers.
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From page 35...
... Exports, having held steady in adjusted value over the past two decades, are 35 the only portion of the aerospace business doing well. In the macroeconomic context, offsets represent a very small portion of American total output, total trade, and even of aerospace trade.
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From page 36...
... companies doing business in the U.S., in the form of minority setasides, small business set asides, women-owned setasides, etc. All of these requirements are market distortions placed on industry by government.
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Key Terms

  • aerospace employment
  • aerospace business
  • production programs
  • policy institute
  • aerospace workers

  • european union
  • declining employment
  • production lines
  • military aircraft
  • offsets represent

  • billion overseas
  • defense programs
  • foreign governments
  • production line
  • johnson noted

  • doing business
  • doing domestic
  • nearly half
  • offsets attached
  • offsets simply

  • global overcapacity
  • deal constructively
  • defense budgets
  • demand offsets
  • growing internationalism

  • billion decline
  • johnson suggested
  • market distortions
  • related products
  • foreign government


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