Many people are very concerned that the TTIP deal could lead to situations such as in Canada where an attempt to ban fracking is being challenged under a similar trade agreement. Do you share my relief that the proposed investor-to-state dispute settlement (ISDS) has been dropped and my belief that trade deal could easily unfair trade and that it is the opposite of free trade?

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  • tagged this with good question 2015-01-14 21:58:16 +0000
  • I would also be interested in hearing from Vince more generally in what the trade-off between efficiency and inequality should be when analyzing trade deals. Research by Dani Rodrik and others have said that lowering already tiny tariff barriers has a small effect on efficiency but a much greater effect on inequality within states.
  • tagged this with good question 2015-01-14 20:09:50 +0000
  • Great question Peter
  • tagged this with good question 2015-01-14 20:04:11 +0000
  • published this page in Question and Answer With Vince Cable 2015-01-14 19:58:41 +0000