In high-income countries where fifteen percent of the world’s population lives, birth rates are low; the population is aging yet salaries remain high. This is an efficient and productive community challenged with low market demand.
Meanwhile in mid- and low-income countries, birth rates are high, population is young and strong, but salaries are merely 20% of those in high-income countries. This is a highly populated community challenged with low buying power.
The facts are clear, we cannot keep making promises; we must act now;
We cannot clone people, and we cannot open our borders wider.
The only and the strongest choice for the high Income countries is to build the buying power of the mid- and low-Income countries, thus creating a vast new market for their products and services.
The only and strongest choice for the mid- and low-income countries is to commit to business excellence thus achieving efficient and transparent operations thereby attracting national and international investment resulting in increased buying power.
We must enlarge the global economic “pie” instead of competing on the same one that we have today.
The first step has already begun, by expanding the G8 to the G20. This makes explicit the interdependence of our global economy. It makes clear that high- mid- and low-income countries must connect in a smarter way to sustain economic growth for all.
The world has recognized that GCEL’s Global Initiative will “Connect the strengths of the world community creating wellbeing across humanity” by empowering the Digital Economy.
The GCEL Global Initiative delivers the four foundations required to rebalance the global economy with a win-win value proposition that meets the economic ambitions of the world’s citizens:
I- Quantified economic targets that include:
II- A clear economic roadmap:
156 countries represented by their pan-regional organizations have executed MOUs and published the economic roadmap leading us from the present economic condition to the quantified economic targets by deploying the Digital Economy.
III- Validated Tools:
The custodians of the world economies agree that real economic integration can be achieved through the real economy. Therefore, global experts including the World Bank, APEC and UNCTAD have identified several key elements that are necessary to increase the real economy. The GCEL Global Initiative, and for the first time ever, has aggregated and enhanced the efficiency of these key elements by maximizing on what technology can make possible today provided at no cost to the end user.
These key elements may be familiar to you, but what you may not know, is that they make our world better every hour of every day: Integration, E-Documentation, Processes, Competence, Tracking and Visibility and Cargo Security. This is the foundation of a new era of integrated E-Commerce, E-Finance, E-Insurance and E-logistics, collectively empowering the Digital Economy.
The world’s top most trusted 26 technology companies that service more than 60% of the world’s GDP have validated and executed an exclusive agreement to deliver a groundbreaking leap in efficiency to the world by deploying the Digital Economy. This is only the beginning, it will also make our world safer and greener and better able to respond when disaster strikes.
IV- Global consensus through direct membership or MOU:
On a macro perspective, the GCEL Global Intiative members and supporters include more than 156 countries, 25 IGOs/NGOs and the world’s leading finance, insurance and technology firms.
On a micro perspective, a public private assessment of countries representing 38% of the G20 citizens yielded that 88% want the proposed Digital Economy Platform.
This is an unprecedented global initiative, founded on providing an equal opportunity process for more than 56 qualified public and private organizations from around the world to govern and to deploy the Digital Economy at no cost to the end user.
Our world is at a turning point. It demands change, so we must all be part of it. Collectively, we will deliver the innovation that stimulates growth around the world, lifting the wellbeing of generations to come.