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Making Transatlantic Economic Relations Work
Author(s) -
Meyer Henning,
Barber Stephen
Publication year - 2011
Publication title -
global policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.602
H-Index - 33
eISSN - 1758-5899
pISSN - 1758-5880
DOI - 10.1111/j.1758-5899.2010.00060.x
Subject(s) - politics , deadlock , principal (computer security) , work (physics) , political science , key (lock) , political economy , sociology , economic system , economics , law , mechanical engineering , ecology , distributed computing , computer science , biology , engineering , operating system
Relative to security issues, Transatlantic Economic Relations (TER) has been neglected by politicians and underexplored by academics and yet is of increasing importance. This article argues that TER is characterised by the mutual dysfunctionality of the political agenda and its institutional structure. The traditional narrow agenda, which has focused almost exclusively on reducing non‐tariff trade barriers, is a principal reason for this. This article uses the case of industrial and labour relations to demonstrate that greater engagement with major stakeholders and broadening the political agenda are key to breaking the deadlock. The article also argues for institutional innovations that could in principle be transferred to other neglected policy areas of TER.