Today the world is gripped by fear in the wake of the financial meltdown and structural failure of today's global economy. Seldom in world history have there been so many people and nations looking for leadership in the midst of a global economic crisis. As governments and their globally intertwined financial institutions search for the path back to prosperity, there is still no planning to restructure the global economy in a coherent rational manner. Simply put, we have reached a turning point in globalization and its associated economic benefits.
GCEL is the independent body that brings together the public and private sectors whose combined efforts are required to resolve our major global challenges for the common good. GCEL's public/private governing body allows the oversight and monitoring of the profit-driven organizations to deliver the following proposed benefits globally and rapidly in a non-monopolistic manner while coinciding with geopolitical needs.
In 18 months, GCEL will unleash its HumaWealth Program worldwide providing through "Soft-infrastructure" the tools to deliver the following:
Reducing cost of trade from a world average of 11% to 6% saving annually $691 billion and 15% on the operational costs by the adoption of the soft-infrastructure made available free of cost to the end user
Presenting a $6 trillion new market opportunity to the financial, insurance and technology industries
Increasing buying power of the emerging economies that represent 45% of the world population creating major global market expansion
Combining expertise of the developed countries with youthful labor forces in developing countries, thus creating millions of jobs
Attracting billions of dollars in physical logistics infrastructure investments
Maximizing the results of global economic incentive programs
A timid solution is not the answer, especially in these turbulent times. A comprehensive and timely global initiative is essential as it gains worldwide economic and political support to handle urgent pressures, refocusing our energy on real growth rather than the financial illusions of the past decade.