Since facing the worst economic crash since the Great Depression of the 1930s, the world still struggles to regain momentum. Although governments and leaders from around the world have tried to get their economies back in shape, millions of unemployed believe that a lot more needs to be done.
Many economists have voiced concerns that the world’s next crisis will be even more crippling. In order to prevent such a disaster, leaders have been looking at long-term and equitable solutions to create balanced and sustainable economic growth.
The solution to the above is provided by the HumaWealth program, which will connect the strengths of the world community, empowering the Digital Economy and creating well-being across humanity.
There are four main foundations to delivering a tangible economic plan that meets the economic ambitions of the world.
I. The first foundation is to reduce global trade costs and to combine the expertise of advanced economies with the young workforce of developing and emerging economies. This will increase global trade, leading to benefits of USD 18 trillion and 310 million new jobs.
II. The second foundation is a clear road map based on the economic strengths and demographics of each region, in order to reach the defined target. Pan-regional organizations, entrusted by more than 150 countries, have already validated and separately published these road maps.
III. The third foundation comes with the world’s top technology firms, servicing 60% of our GDP, and that for the first time have agreed to cooperate. These firms have executed an exclusive agreement to work hand-in-hand delivering and maintaining the required tools at no cost to the end user.
IV. Finally, the fourth foundation is the global consensus; MOUs have been executed with about 75% of the world’s citizens, through their representatives, governments, IGOs and NGOs, ensuring this initiative offsets monopolistic and geopolitical concerns. The G20 trade communities agreed to undertake diagnostic trade surveys conducted by GCEL to gain insights that will help improve their economic well-being. The results are staggering: 90.4% do not have an integrated system and 94.5% are opting for the Digital Economy Platform proposed by GCEL.
Never has there been an initiative of this magnitude, that will transform the lives of over 7 billion people around the world.