Thursday, 26 November 2015

Andrew Charlton: Funny and Frank

Andrew Charlton is an economist and author who has written several books and numerous articles, including Fair Trade For All, co-authored with Nobel Prize-winning economist Joseph E. Stiglitz.

His book Ozonomics: Inside the Myth of Australia’s Economic Superheroes has been hailed as a funny and frank book that examines Australia’s economic managers – that is, its politicians – and makes the case that prosperity is possible for everyone, even without having to ravage worker’s rights or perpetuate the imbalances that, historically, have been the hallmarks of trade between developing and developed countries.

Moreover, Ozonomics is an easy read, in spite the subject matter ordinary readers might find rough going. One reviewer went so far as to suggest that if politicians had half of the author’s ability to communicate complex ideas and identify sensible and workable solutions, everyone could feel better about the state of the economy.

One of the central ideas in Ozonomics is that Australian politicians have been took quick to take credit for economic good times. “A more accurate analysis of different governments’ contribution to Australia’s ‘miracle’ economy,” Andrew Charlton has written, “involves recognising that economic policies act with a lag, so the prosperity reaped today may have been sown many years before.”

Every government claim about the state of the economy deserves thorough scrutiny, Andrew Charlton says. “What we believe about the foundation of our wealth makes a great deal of difference to how we should pursue our future.” If Australia’s economic prosperity is a complex combination of long-term policies and global circumstances, he says, then the challenge is to make sure that constant public debate, with the aim of identifying the best policies to continue that prosperity, is encouraged and continued.


Friday, 20 November 2015

Andrew Charlton co-author of The Right to Trade book

Aid for trade is a fixture in the development landscape, accounting for approximately 25 per cent of total official development assistance (ODA), and is being positioned as a building block in the future development agenda beyond the 2015 expiry of the Millennium Development Goals. 
 The Right to Trade, Nobel Prize-winning economist Joseph E. Stiglitz and Andrew Charlton argue that aid for trade has not delivered on its initial promise.
To create a genuinely pro-development trade liberalization agenda, the authors propose that a "right to trade" and a "right to development" be enshrined within the WTO’s dispute settlement system; and that aid for trade funds be consolidated into a coherent and predictable framework, where dedicated funds are committed by rich countries to a Global Trade Facility and dispersed through a transparent and competitive process. 
Visit to buy or more information about the book.

Quarterly Essay 44 Man-Made World by Andrew Charlton

Witnessing at first-hand the failure of the Copenhagen Climate Conference and wondering what went wrong, Andrew Charlton realised the truth of a colleague’s words: “The world is split between those who want to save the planet and those who want to save themselves.”
In this groundbreaking essay, Charlton discusses the rift that will shape our future: progress versus planet; rich versus poor. In recent times environmentalists have argued with mounting force that the growth of human activity on our planet is unsustainable.
We are, they claim, on a collision course with destiny. But, the developing world counters, environmental threats, dire as they may be, are not the only challenges we face. Indeed, these can seem a distant danger compared to the daily tragedies of life in slums and villages.

Andrew Charlton co -authior of Fair Trade For All

Winner of the Nobel Prize in Economics and author of the New York Times bestselling book Globalization and Its Discontents, Joseph E. Stiglitz here joins with fellow economist Andrew Charlton to offer a challenging and controversial argument about how globalization can actually help Third World countries to develop and prosper. 

In Fair Trade For All, Stiglitz and Charlton address one of the key issues facing world leaders today--how can the poorer countries of the world be helped to help themselves through freer, fairer trade? To answer this question, the authors put forward a radical and realistic new model for managing trading relationships between the richest and the poorest countries. 

Their approach is designed to open up markets in the interests of all nations and not just the most powerful economies, to ensure that trade promotes development, and to minimize the costs of adjustments.

Quarterly Essay 54 Dragon's Tail by Andrew Charlton

In Dragon’s Tail, Andrew Charlton explores the supercharged rise of China and considers Australia’s future as the Chinese dragon stirs and shifts.

China’s rise has been perhaps the most significant economic event in two centuries, occurring 100 times more quickly and on a scale 1000 times larger than Britain’s Industrial Revolution. Since 2000, Australia has been an essential part of this transformation, providing the raw materials to feed China’s frantic manufacture of steel vertebrae for everything from cars and trucks to railways, apartments and office towers. 

China’s appetite for resources has made us richer than ever before, but it has also drained the competitiveness from many parts of our economy, leaving us vulnerable.

Ozonomics book by Andrew Charlton

We're living through the second longest boom in Australian history. You can't move for talk of the budget surplus. The Liberals proclaim their impeccable economic record; Labor counterclaim that they sowed the seeds during their time in government. 

So who's right? Does it matter? And what does it all mean anyway? In this entertaining and incisive book, Australian economist Andrew Charlton looks behind the political smokescreen to reveal just how much of the rhetoric we should believe. 

He argues that while much of the economic headlines we read and see on TV are misleading and irrelevant, workers' rights, immigration, protectionism and investment in technology and education are all vital, in different ways, for the future of the nation -- and often have a direct impact on the world in which we live, from the size of our pay-packets to the range of produce in our local stores. 

Wednesday, 18 November 2015

Andrew Charlton’s eight growth prospects for the Australia

Andrew Charlton is a well known personality in Australia; He was a former Senior Economic Advisor to the Australian Prime Minister. Currently he is serving at AlphaBeta, a strategy advisory business that serves clients throughout Australia and Asia. 

In this Blog post Andrew share the eight growth prospects for the Australia.

Andrew Charlton: Making the System Fairer

Andrew Charlton is the co-author of Fair Trade For All, a look at the economy of the twenty-first century and how the world’s developing nations can be helped through free and fair trade.

In Fair Trade for All, Charlton and his co-author, Nobel Prize-winning economist Joseph E. Stiglitz, examine the innate unfairness of the global trading market. Its basic premise is that trade is good for development, and the two authors outline a carefully managed trade liberalization agenda. 

Historically, developed countries used trade policies so unfair that compared to modern standards; they would “make their WTO ambassadors blush.” And they argue that fairness must be central to today’s trade negotiations.

Fairness, or Fair Trade, is an idea that seems to be taking hold among the masses. It is defined by the World Fair Trade Organization as “a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade.” 

This philosophy is slowly becoming policy, as can be seen on the Fair Trade certification labels on a growing number of consumer products on store shelves in many developed nations.

Advocates of Fair Trade say that it proves that greater justice in world trading is possible, and is a tangible contribution to the fight to end world poverty, climate change, and economic imbalance.

In Fair Trade For All, Stiglitz and Andrew Charlton “provide a workable and reasonable...way to make the current system fairer.”

Dr. Andrew Charlton is an Oxford-educated economist who served as a senior advisor to former Australian Prime Minister Kevin Rudd. He is currently a director at AlphaBeta, a strategy and economics firm.