AIRBUS INDUSTRIE
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Airbus Industrie Conflict and Cooperation in US-EC Trade Relations Steven McGuire Research Fellow Loughborough University Leicestershire England PiE) in association with Palgrave Macmillan
* Steven McGuire 1997 Softcover reprint of the hardcover 1st edition 1997 978-0-333-68717-8 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any Licence permitting Limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, london W1 P OlP. Any person who does any unauthorised act in relation to this publication may be LiabLe to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. Published by PAlGRAVE HoundmiLLs, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N. Y. 10010 Companies and representatives throughout the world PAlGRAVE is the new global academic imprint of St. Martin's Press llc SchoLarLy and Reference Division and PaLgrave PubLishers ltd (formerly Macmillan Press ltd). Outside North America ISBN 978-1-349-40085-0 DOI 10.1057/9780230372214 ISBN 978-0-230-37221-4 (ebook) In North America ISBN 978-0-312-17532-0 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Library of Congress CataLog Card Number: 97-9153 CIP 10 9 8 7 08 07 06 05 6 543 04 03 02 01 2
For my parents, Dennis and Margaret McGuire
Contents Acknowledgements Introduction 2 Cooperation in International Political Economy 2 Aerospace Industries in Europe and America 3 Airbus Expansion and Export Finance, 1970-80 4 The Agreement on Trade in Civil Aircraft 5 'Phoney War': The Launch of the A320 6 The Height of Acrimony, 1985-88 viii 2 7 Negotiating the 1992 Airbus Accord 136 Conclusion: Airbus Industrie and International Cooperation 159 ~~ In Bibliography 205 Index 215 15 26 48 68 91 113 vii
Acknowledgements This project could not have been completed without the support and cooperation of a great many people. My greatest intellectual debt is to my DPhil supervisor, Andrew Walter. He was at once a perceptive critic of my work and an unfailing supporter. William Wallace, Avi Shlaim, Richard Smethurst, Keith Hayward, Michael Smith, Yuen Foon Khong and Susan Strange read all or parts of the manuscript and I am grateful for their comments and guidance. I also wish to thank the government and industry officials who agreed to be interviewed for this project. Naturally, none of these bears responsibility for the interpretations offered here. Financial support for this project came from a variety of sources. A War Memorial scholarship from the lode Foundation of Canada provided much of the funding. Research was facilitated by grants from the Cyril Foster Fund; the Mellon Fund, Oxford University's Committee for Graduate Studies; St Antony's Raymond Carr Fund, the Royal Aeronautical Society of the UK and Loughborough University. I am very grateful to Professor Wake Epps of the Economics Department, University of Virginia, for arranging a study-trip to UVa. and for making that trip so enjoyable. Three people deserve special thanks. My wife Katharine has supported this project from the start and assisted in the job of editing the final draft. I am very grateful for her counsel, understanding and patience. lowe my greatest thanks to my parents, Dennis and Margaret McGuire, who have supported and encouraged me throughout my years of graduate study. This book is dedicated to them. viii