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"US-EU strategic trade: The case of civil aeronautics"

Lawrence, Philip K. (1997) "US-EU strategic trade: The case of civil aeronautics". In: UNSPECIFIED, Seattle, WA. (Unpublished)

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    This paper challenges the idea that the US economy has corresponded to a laissez-faire model. Broadly speaking, this lack of fit between the model and empirical reality results from ideology and culture. Liberalism has been and is a cornerstone of American identity. But the discursive practice of liberalism rarely fits aspects of social reality that sit uncomfortably with the liberal self image. This paper addresses the de facto industrial policy of the USA and its implications for the commercial aerospace sector. In the paper I argue that US trade in aerospace products is the sine qua non of strategic trade and that the success of this sector results from a powerful and effective industrial policy which subsidizes commercial aerospace manufacturing. In consequence I suggest that US complaints about subsidy and the role of the state in the European aerospace industry are ill founded and unjustifiable.

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    Item Type: Conference or Workshop Item (UNSPECIFIED)
    Subjects for non-EU documents: EU policies and themes > External relations > EU-US
    EU policies and themes > Policies & related activities > industrial policy
    EU policies and themes > Policies & related activities > transport policy
    EU policies and themes > Policies & related activities > economic and financial affairs > business/private economic activity
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Conference: European Union Studies Association (EUSA) > Biennial Conference > 1997 (5th), May 29-June 1, 1997
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 13 Mar 2007
    Page Range: p. 37
    Last Modified: 15 Feb 2011 17:23

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