The Global Marshall Plan aims at a "World in Balance". To achieve this we need a better design of globalization and the global economic processes - a worldwide Eco-Social Market Economy. This is a matter of an improved global structural framework, sustainable development, the eradication of poverty, environmental protection and equity, altogether resulting in a new global 'economic miracle'.
The Global Marshall Plan includes the following five core goals:
Because today's global situation is scandalous, and because the current conditions of globalization produce the complete opposite of what is constantly demanded in rosy speeches. Poverty, the north south divide, migration, terror, wars, cultural conflicts, and environmental catastrophes are all problems, which can no longer be resolved nationally under the conditions of a widely unregulated globalization process. Therefore, we need an improved and binding global framework for the world economy, that brings economy into harmony with society, culture, and environment.
The Global Marshall Plan considers the realization of the United Nations Millennium Development Goals, which were signed by 189 nations in 2000, to be an important first step. The following goals should be achieved by 2015:
The Millennium Development Goals
In order to create a World in Balance a worldwide Eco-Social Market Economy with globally binding social, ecological, and cultural standards is required. The Global Marshall Plan combines a functional and coherent global governance structure with appropriate reforms and intelligent interlinking of UN, WTO, IMF, World Bank and ILO and UNEP standards with the raising of an additional 100 billion US$ a year in order to co-finance development. The enlargement process of the European Union serves as a conceptual model for combining co-financing and the compliance with eco-social standards. This enlargement, however, requires a better financial support than it is the case in the current enlargement round.
In addition to the creation of fair competitive conditions in the agricultural sector and improved North-South cooperation in this sector as well as reasonable methods of debt relief for the less and least developed countries, the Global Marshall Plan focuses on new financial funding sources. They are based on global added value processes and therefore neither strain domestic economies nor distort competition. Possible financing mechanisms are a Terra-Tax on world-wide trade, a levy on global financial transactions, trade with equal per capita emission rights, a cerosine tax, or Special Drawing Rights with the IMF.
Perhaps the most difficult aspect of a Global Marshall Plan is finding an effective way of translating money into development. Concrete examples are micro-financing, renewable energies, and cooperation with local development workers.
