E-Hub-of-the-world powering the digital economy G20 gcel

E-Hub of the World – Powering the Digital Economy

by GCEL

The E-Hub involves a visionary public body, a renowned academic institution and a prominent technology firm that maintains and enhances the Digital Economy Platform along with the world’s leading 12 technology firms under one roof.


DELIVERING WHAT THE G20 CITIZENS DEMANDS

 

What Is The Pattern That Needs To Be Changed?

The world’s leaders are exerting major proficiencies when navigating the tidal waves represented by jurisdictional boundaries in the global political and economic arena, while maintaining the commitment to their own citizens to deliver a tangible global economic solution.

Despite the foregoing, the diminishing trust the world is experiencing between political leaders and the very citizens they represent is widening. According to global experts, the G20’s actions must do more to meet the economic aspirations of the world.

We must change the pattern of diminishing trust by working together capitalizing on what each sector does best within their capabilities and jurisdictions. This is the foundation of the Implementable Policy Formula (IPF).

How Are We Implementing Positive Change Through Innovation?
Implementable Policy Formula Foundation:

 

I – Common Denominator Among Policies

During the 2014 Australia B20/G20 summits there was only nominal mention of the Digital Economy. Today global leaders have embraced the Digital Economy as a common denominator for policies that have a rapid and direct positive impact on the real economy.
2015 – The G20 adopted the Digital Economy as a policy initiative since it impacted 17 of 25 key B20 2015 Turkey Task Force Recommendations
2016 – The G20 supported the B20 2016 China recommendation for the electronic World Trade Platform (eWTP), a precursor to a more comprehensive Digital Economy Platform
2017 – The B20 2017 Germany established for the first time a “Digitalization Task Force” to focus on Digital Economy implementation

 

II – Validation From the Ground Level

Macro Perspective

150 countries, through their pan regional organizations representing 75% of the world’s population, plus 26 IGOs/NGOs have executed MOUs and published economic roadmaps to deploy new digital tools to reduce trade costs, increased global trade and create millions of jobs.

 

Micro Perspective

86% of the G20 citizens, represented by 71 government ministries, industry associations, academia and private sector experts, have committed to conduct diagnostic trade efficiency assessments as a first step to deploy the Digital Economy. The results to date: 85% do not have an integrated system & nearly 90% want new digital tools to do a better job. 

 

What Are The E-Hub Of The World Responsibilities And Benefits?

Responsibilities
The E-Hub involves a world-renowned academic institution, a global technology firm, and a visionary public institution. This elite group will work collaboratively with the world’s leading 12 technology firms, under one roof and protected by the international community, to deliver what the world’s trade participants demand.

 

The E-Hub Will Perform The Following:

  • Govern the Digital Economy Platform with 28 semi-government organizations
  • Represent the voice of the real economy participants on the international stage
  • Manage a state-of-the-art campus to house the digital operations
  • Support policies and legislative priorities conducive to economic development
  • Continual innovation of new digital Apps and technologies
  • Engage in global activities of research, education and outreach

 

Benefits         

  • Recognition for delivering what G20 leaders seek to rebalance the global economy
  • Leadership that inspires trade and technology innovation—at home and abroad
  • Attracts other industries to diversify the community’s economic base
  • Operating at the center of the world’s 12 largest technology companies
  • Access to leading-edge innovation that complements R&D investments
  • Nearly USD 24 billion in annual tax revenues by 2025
  • 357,000 new private sector jobs by 2025
  • An annual innovation fund valued at USD 22 billion for R&D by 2025
  • Highly attractive equity value, projected to reach USD 1.5 trillion by 2025

We Are All Accountable to secure Economic Growth

 

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