A new joint report by experts from the Global Policy Institute at London Metropolitan University and the School of Industrial and Labor Relations at Cornell University in the United States has been released today. The report investigates the lack of and need for a social dimension in transatlantic economic relations (TER).

This report places TER in its historical context and demonstrates how the political agenda and institutional setup are both largely dysfunctional. Viewed through the prism of industrial relations and drawing on some real life examples from both sides of the Atlantic, it argues that the social dimension is a challenge central to the future development of the relationship and proposes institutional innovations which could also be replicated in other areas: for instance in support of environmental concerns. Presenting some guiding principles for transatlantic trade, this paper recommends the creation of a new secretariat to act as a permanent contact point and providing a variety of practical functions essential to making TER work.

Lead Investigators: Professor Lance Compa (School of Industrial and Labor Relations, Cornell University); Dr Henning Meyer (The Global Policy Institute, London Metropolitan University)

Co-Investigators: Dr Stephen Barber (London South Bank University); Professor Michele Faioli (University of Rome 'Tor Vergata'); Dr Rebecca Givan (Cornell University); Dr Klaus Mehrens (The Global Policy Institute) 

To download the full report please click here.