MERITLANDS ECOSYSTEM: A FUTURISTIC CONCEPT
GLOBAL DYNAMICS AND SUSTAINABLE ECONOMIC GROWTH
SUSTAINABLE ECONOMIC GROWTH
Ensuring sustainable economic growth is a paramount objective for nations worldwide. However, the attainment of long-term economic growth is often hindered by factors and barriers such as resource misallocation, poorly equipped bureaucracy, and corruption. There are also clashes between international entities' interests and individual nations' priorities and needs. International institutions' and corporates' interests and universal agendas are not tailored, creating conflicts over trade and climate change agreements, human rights and sovereignty, security and intervention, economic development and aid, etc. This misalignment restrains progress and restricts the effective utilisation of available resources.
POLICIES AND BARRIERS
Additionally, the prevalence of misinformation and disinformation on global media and social networking platforms further complicates matters. Furthermore, the centralised nature of global media and social platforms has the potential to perpetuate biased narratives, leading to the distortion of public opinion and influencing policymakers through the presentation of framed analyses. The extreme scenario provokes movements which are not necessarily in line with public interests.
The status quo depicts how Policymakers grapple with a myriad of obstacles when it comes to navigating the intricate web of international dynamics, conflicting interests, and the pervasive influence of global media and institutions while their goal is to craft regulations and policies that not only address these challenges but also promote favourable outcomes.
INFLUENCE AND HEGEMONY
Moreover, the dominance of American culture, corporates, and institutions has also created a clash with local cultures, needs, and interests in other regions. While American influence has undoubtedly brought significant advancements and opportunities, it is crucial to address the challenges that arise from this clash and find a balance that respects and meets the unique requirements of local governments. It is worth mentioning that the conflict is also increasingly eroding the US hegemony.
American corporations play a pivotal role in global movements, transactions, markets, innovations, and advancements. With well-defined development strategies, they effectively identify and acquire valuable resources, talented visionary individuals, and promising startups from around the world. The dominance of American corporates can be attributed to their substantial investments in research and development, unwavering entrepreneurial spirit, continuous technological advancements, adept international human resource management, influential diplomacy, and robust financial backing. Moreover, the nation's judicious decisions during the past critical historical periods, coupled with its distinctive formation and diverse demographics, have further bolstered its prominence. Consequently, many countries overlook their own untapped resources and priorities, inadvertently serving as talent incubators and economic subsidisers for the United States and its corporations.
HISTORICAL ERAS AND RESOLUTIONS
It is worth noting that although America's immigration policies have demonstrated success in enhancing productivity and driving innovation, it is crucial to recognise that their effectiveness may vary in other parts of the world. Local culture, history and economy impact immigration policies and their implementation. Additionally, cultural differences, religious beliefs, historical contexts, geopolitics, and living environments can significantly affect immigrants' quality, adaptability, and integration in different countries.
Furthermore, decisions made during pivotal historical events, such as World War II, the Cold War, and the end of the Cold War, have had a lasting impact on the global economic landscape. These turning points reshaped the hierarchical structure of the world, widening the gap between America's economic power and that of other developed nations. Simultaneously, inertia in the rest of the world, intensified by subsequent events, such as the first Gulf War and the Yugoslavia Wars, reinforced American hegemony. By the end of the Cold War in 1990, the United States accounted for 40% of the nominal GDP of the G7. Today, that figure has risen to 58% regardless of the nuisance. American' hegemony depicts the hierarchical structure of the world and how an entity's position within it determines its access to strategic resources for further discoveries, developments, and expansions. However, there are early signs of the saturated American influence, such as the tendency to de-dollarisation and the emergence of new cooperation blocks, which do not necessarily usher into more stability.
A FUTURISTIC CONCEPT AND LEADERSHIP
Innostile Ltd recognises the current turning point in human civilisation and has developed the concept of The Kingdom of Meritlands Ecosystem. It is a sophisticated tool programmed to modernise traditional industries, strategically accumulate and mobilise resources, and create a national hero entity and global household brand.
In conclusion, desirable and sustainable economic growth depends on understanding the impact of decision-making during the turning point in history, local needs and resource realisation, utilisation, accumulation, and allocation. It is also imperative to foster a more inclusive and equitable landscape to lay the foundation for a prosperous future. Thus, a futuristic concept must be a tool for policymakers, inspire local entrepreneurs and businesses, create opportunities, and promote dynamic capabilities.