Economic Future: New Laws & New Challenges 2021
There is chaos, confusion and communication breakdown amongst the national leaderships of the world, it’s a jungle out there…
Pandemic recovery is economic recovery. In the absence of dramatic solutions, choices are limited. Failure to deliver local grassroots prosperity, during the last decades is what has brought nations to their knees. Across the world, as failures now surround us, some new and some bold wisdom arises.
Nouveau Intelligentsia of Entrepreneurialism, embracing diversity, tolerance and harmony is rejecting riot gears and challenging new economic thinking as a new vaccine for the broken economies.
New Laws of Future Economies:
Allow micro-small-medium enterprises a tax-free window on the first USD$5–10 million revenues in exports, this will create local jobs and bring foreign exchange.
Allow micro-small-medium enterprises free access to all dormant Intellectual Property, Patents rolled up due to lack of commercialization as Academic Experts on innovative technologies and related skills on free voucher programs.
Allow micro-small-medium enterprises free full time MBA as 12 months interns so MBA graduates can acquire some entrepreneurialism while enterprises can uplift their ideas in practice.
Allow Million qualified entrepreneurs to park within a nation for 5–10 years under a special tax-free visa program.
Allow National Mobilization of Entrepreneurialism Protocols mandated to engage trade and exports bodies.
Allow National Scoring of entrepreneurialism to measure, identify and differentiate talents and separate pretenders.
By design nouveau-revolutionary, by action execution and national mobilization-centric, and by style immediate deployment-ready, this new thought leadership is an economic-friendly pragmatic approach to shake down lingering incompetency on global exportability challenges around midsize economies nation by nation across the world.
Platform economies allow such mobilizations. Upskilling ‘micro-exporters’ provide local growth and reskilling ‘micro-manufacturers’ creates local jobs. Lack of grassroots prosperity is number one reason amongst developed nations for creating restless citizenry and populism. Upskilling salvages productivity, performances, profitability, Export saves economies, and entrepreneurialism brings back grassroots prosperity. The pandemic recovery demands superior thinking to match the needed solutions.
The silent mode needs squeezing; all over the world the economic development, trade groups, in a state of deep silence, void of bold open debates, mostly point fingers. Lack of entrepreneurialism to maximize available resources and revitalization of local talents and encourage women entrepreneurs as two wheels of the same cart, necessary is critical testing of front line management, national by nation and layer-by-layer. Open dialogues are critically essential. This is not about just massive social media posts, craving for ‘likes’ but hardcore debates and out of box thinking. Expothon is tabling a very special and bold agenda and starting a high-level global series of virtual events starting in early 2021 and currently selecting panelists and speakers from around the world for this major series. The virtualization of the national economy will boost vertical sectors to new heights and globalization the new links to global exportability and grassroots prosperity.
Only digital economies will survive a digital world, rest paper-economies may drown in paper-baskets.
Key Solutions: Asia alone is adding some 500 million new entrepreneurs. What does this mean? No other experiment of human endeavor was as successful as America, where some 100,000 entrepreneurs carved out the entrepreneurial supremacy of the United States spanning over a century. What new option does this bring to the USA? Today, expertise on national mobilization of entrepreneurialism teaches new thinking of setting up “micro-manufacturing” for “micro-exports” as an economic revolution of its own kind. Despite some 500 million SME in the world, a billion new big and small, young and old entrepreneurs on the march, economic leaderships are missing some great opportunities to table tactical combative blueprints to advance the challenges of local grassroots prosperity. Big business in any nation is big, but small business in any nation is many times bigger. If leaderships of the already mandated agencies, like the associations, chambers and export-promotion agencies of the country are in some harmony to face the truth and deal with the realities of tomorrow, major shifts on the horizon.
Although this is not an easy task; smart nations are awakening to such bold notions and entrepreneurial driven agencies mandated to foster local economies are using virtual events to rise up with global rhythm and rich contents. However, for fears of avoiding dramatic changes, bureaucracies of most nations will try to bandage the old broken systems.
The economic jungle demands survival of the fittest. The rest is easy.
