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The granting of offsets to promote exports of major aircraft systems has been a source of significant controversy. Critics believe that offsets undermine the U.S. manufacturing base; lead to the transfer of commercial technology, possibly affecting national security; and result in the loss of high-wage jobs. Defenders of the practice argue that offsets are a fact of commercial life and can result in net U.S. job gains. In an effort to focus the offsets debate on analytical issues, the White House National Economic Council asked the National Research Council to convene expert academicians, representatives from the aerospace industry, and top government officials to discuss the impact of offsets on the U.S. economy. To ensure a rigorous discussion encompassing all points of view, the conference included a series of papers outlining the positions of key participants. This resulting volume offers a comprehensive and up-to-date analysis of the impact of aerospace offsets.
The granting of offsets to promote exports of major aircraft systems has been a source of significant controversy. Critics believe that offsets undermine the U.S. manufacturing base; lead to the transfer of commercial technology, possibly affecting national security; and result in the loss of high-wage jobs. Defenders of the practice argue that offsets are a fact of commercial life and can result in net U.S. job gains. In an effort to focus the offsets debate on analytical issues, the White House National Economic Council asked the National Research Council to convene expert academicians, representatives from the aerospace industry, and top government officials to discuss the impact of offsets on the U.S. economy. To ensure a rigorous discussion encompassing all points of view, the conference included a series of papers outlining the positions of key participants. This resulting volume offers a comprehensive and up-to-date analysis of the impact of aerospace offsets.

Defense Offsets

United States. Congress. House. Committee on Government Reform. Subcommittee on Criminal Justice, Drug Policy, and Human Resources

Published: 2000

Total Pages: 208


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With the US invasion of Iraq, the issue of arms trading is once again at the forefront of world events. Arms-importing countries often ask their suppliers to 'offset' the cost by reinvesting some of the money in their country.