The Route to Global Economic Growth Is Through Increased Trade Efficiency

The Route to Global Economic Growth

Is Through Increased Trade Efficiency

Trade Efficiency
Summary
“The lack of integration between the real economy participants significantly impedes the growth of trade.”
Details
The world’s leaders agree that the key to boost economic prosperity is through the growth of world trade. However, trade is highly inefficient to due to antiquated methods and fragmentation between the trade participants.

The lack of integration between the real economy participants significantly impedes the growth of trade.
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SOLUTION
Details
Trade is founded upon four interdependent pillars: Commerce, Finance, Insurance, and Logistics. However, logistics is the weakest of these industries by far, owing to its fragmentation and inefficiency. Yet logistics is also the linchpin that connects our world.

We must learn from history while leveraging 21st century tools. History reveals that in 1956, the world witnessed the birth of “The marine container.”
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Summary
“By reducing the cost of trade, using advanced 21st century technology through the Multi Dimensional Digital Economy Application System (MDDEAS), we can maximize the efficiency of logistics, increase trade and boost our economy.”
BENEFITS
Summary
“Increase global trade by USD 1.2 trillion, provide a new USD 6 trillion service market opportunity and generate up to 100 million jobs”
Details
The benefits that will accrue from making trade more efficient through the use of the MDDEAS will result in the following:
  • Reducing annual trade cost by USD 1.3 trillion
  • Increasing annual trade by USD 1.2 trillion
  • Lowering unit costs by up to 15%
  • Creating a new USD 6 trillion service industry market opportunity
  • Establishing a USD 1 trillion SME grant fund
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