Nobel laureate Joseph Stiglitz spoke with GED’s Uli Schoof during a recent trip to Berlin regarding trade agreements, tariffs and transparency. In this part of the interview, Stiglitz talks about the two major multi-lateral agreements, TPP and TTIP and who they benefit. Stiglitz covers Big Pharma and intellectual property rights and discusses who benefits from the lack of transparency which has dominated the public’s perception of the negotiation of these agreements.

Watch the full video below or see the entire interview here.

[iframe “<iframe width=”560″ height=”315″ src=”” frameborder=”0″ allowfullscreen></iframe>”]

And if you are interested in reading more on free trade agreements don’t miss our  TTIP study on potential winners and losers in developing countries and  the recent study on The Trans-Pacific Partnership Deal (TPP): What are the economic consequences for in- and outsiders?.

Read the full text of the TPP agreement released by the US Government