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A central banking system allowed issuing of capital and underwriting of low interest rate loans to countries around the world is possible in the new economic environment of Market Globalization, Great Capitalization and Rising Productivity when all these new developments are capitalized by the most developed countries by imposing new economic regulations and requirements to the rest of the world to enhance the less developed and developing markets’ “security” and make these “markets” play under the same rules, but first, these financial, business and other economic regulations must be implemented by the most developed countries and markets themselves (as explained in Quantum Economics-Philosophy of the Economy’s articles). The central bank lending system is to finance not just less developed and developing countries and markets but also any market which present projects complying with the general policies of Global development such as environmental protection, renewable energies, etc.

World Bank, IMF and WTO as we all know well exist and do what they are thought and tell to do: lend on high interest rates over tight deficit, social expenses and infrastructural matrix; these kinds of policies were well justified by:

First, political division in a Cold war World, isolation and political struggles, remoteness and socialization created sometimes great instability and interruptions of international relations to the extend of disrupting paybacks of international loans.
Second, closed and independent market structures such as the Communist of Eastern Block countries and China, or the constantly changing market structures of South America, Asia and Africa shifting left or right provoked constant inflations and other economics turbulences as many of these less developed and undeveloped markets had very diverse system of economics consequently effected the needed “security” for the lending institutions therefore the interest rates were to be set high enough to offset the estimated risk.
Third, low productivity and market remoteness could bring to a less developed or undeveloped country a “quick” turn to a recession if financial discipline is not followed

Which new economic developments in the world are making low rates lending possible?

Obviously, the ongoing market globalization and rising productivity are setting a prejudice in the ways of global development where new possibilities of central bank financing with “controlled” deficit matrix and “very low” interest rates are possible to be the new economic tools for such global development that could allow “quantum” leaps from underdevelopment onto high tech environmentally friendly development; The new “Quantum Economics-Philosophy of the Economy” is not only “production” related (tighten to) as the Marx’s systems are but it (Quantum Economics-Philosophy of the Economy” is related (tighten to) the equity of (limited and controlled deficit) social and infrastructural expenses, the return on the invested capital and the value of intellectual properties.

What is “quantum leap” in “Quantum Economics-Philosophy of the Economy?”

Quantum leap is a possible jump in economic development based on “artificial (externally)” financed projects for practically financing and loan servicing environmentally friendly projects on a Global scale. Quantum leap is financed by a capital issuing central banking system more like the World Bank and IMF on a very low interest rate, because of the enhanced “security” in a new Global marketplace. This financing is done and promoted through private commercial banks on very low margin and set matrix.

It was back in the day that solely local marketing was a career, but that day is long gone. No longer does expansion refer to tentatively marketing a good to the customer in the next county over or perhaps a state away, but instead expansion now refers to forceful ventures into foreign countries. Business opportunities take flight in today’s global economy and in doing so the pressure of national as well as international competition has become more intense. While in the past businesses may have suffered if it was unable to gain access in the marketplace next door, today’s businesses will suffer permanent failure if it falls short to not only conquer local competition but global competition as well.

Advanced global marketing is the answer to the entrepreneur who understands the tide of the international marketplace and knows that the success or failure of the business will depend on taking it beyond his home town. Yet this very comprehension also requires a complete rethinking of the tried and true marketing approaches of older times. Perhaps one of the oldest tactics was utilizing an in-house sales force to circulate the product to the private and business consumer. Any marketing tool that guaranteed a company’s name and contact information display to be available to the eager consumer had proved some succession. Then there was the time of calendar marketing, mug giveaways, and other little household items that were useful and carried an advertising message.

In a remarkable twist of marketing efficiency, the global marketplace has encouraged many of the self employed to go back to the sales force method. Instead of hiring a paid in-house sales force, many companies now rely on a multi level marketing approach which only pays sales people when they’ve successfully completed and closed on a sale. Add to this the beginning of online magazines, the ability to quickly and efficiently send out newsletters to even the largest mailing list for a very low cost, the clever operation of blogs and the possibilities of the multi level marketing network approach make a lot of sense.

This methodology electronically imitates the giveaways of household items in the older marketing days and it is shown to be very effective. Naturally, like in the past, the calendar has always been more preferred and held more promise than the cigarette lighter. The catchy newsletter with the most useful information and fun facts and tidbits is read upon more often and even forwarded more than the one with less quality and value to the customer. Blogging and using articles to market your company increases its global exposure while offering the business owner the ability to create content unique to the interests of the numerous regions to which she or he is marketing a product. Cutting edge global marketing truly is a hands-on approach to claiming the worldwide profitability that is all but promised – with the help of the Internet.

Global Competitiveness Forum

2008 Edition , In Riyadh – Saudi Arabia

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