in 5 minutes
What is the Global Marshall Plan?
The goal of the Global Marshall Plan is a "world in balance". This requires a better shaping of globalisation and global economic processes: a global eco-social market economy. It is about fair global framework conditions, sustainable development, overcoming poverty, protecting the environment, justice and, as a result, a new global economic miracle.
The Global Marshall Plan for a world in balance – 5 building blocks:
- Implementation of the Sustainable Development Goals
Implementing the Sustainable Development Goals (SDGs) 2015-2030. In particular, this includes the full implementation of the original Millennium Development Goals. A core idea is: sustainability oriented framework conditions of the world markets against substantial co-financing of development
- Achievement of the 0.7% target
Finally achieving the 0.7% target, i.e. investing at least 0.7% of the gross national income of the industrialised countries in development cooperation and making the necessary additional funds of around US$ 150 billion per year available for development
- Fair taxation of global added value as a financing base
Taxation of global transactions and consumption of global commons to finance development cooperation and SDGs. This also includes further financial contributions to a global climate protection agreement to comply with, or better still undercut, the 2°C limit and co-financing of the climate fiscal equalisation agreed in Paris.
- Promotion of a global eco-social market economy
Better global governance – development of a sustainable regulatory framework for a sustainable world economy (e.g. eco-social market economy/green and inclusive economy) and digital transformation. Fair taxation of all, particularly global value creation processes, especially in the financial sector. Enforcement of a balanced distribution of property and assets and transparency of property.
- Fair global development partnership
Fair global partnership and effective use of resources in development cooperation. Sustainable development combined with a fair development policy.
More background information
Sustainable Development Goals and Global Eco-social Market Economy
The implementation period of the United Nations Millennium Development Goals 2000-2015 has been completed. Where progress has been made, continuity of activities is not essential. Where targets have been missed, new efforts must be made. With the Sustainable Development Goals, the countries of the world have now developed a new ambitious agenda that aims to reach its goals by 2030. It comprises 17 goals with 169 sub-goals. The Global Marshall Plan Initiative supports this agenda. This includes all unfinished parts of the Millennium Development Goals and includes many new ambitious targets. Successful implementation is necessary if serious global upheavals and uncontrollable migration processes are to be avoided.
In order to create a world in balance, a worldwide eco-social market economy with globally binding social, ecological and cultural standards is strived for. With the gradual realisation of a worldwide eco-social market economy, a regulatory framework for the global economy compatible with sustainability is to be established and global market fundamentalism overcome. Functioning global governance structures need reforms of existing institutions and regulations (e.g. United Nations, World Trade Organization and World Financial Sector) as well as their coherent linkage to a functioning whole.
In addition to providing the development cooperation funds promised by the UN member states for decades, creating fair conditions of competition in the agricultural sector, establishing better cooperation between North and South in this area, and sensible methods of debt relief for financially poor and poorest countries, the Global Marshall Plan relies on new sources of finance that feed from global value creation processes and thus neither burden national budgets nor distort competition. Possible financing mechanisms are a terra levy on world trade, a levy on world financial transactions, trading with the same CO2 emission rights per capita, a kerosene tax or special drawing rights with the International Monetary Fund (IMF).
Use of funds
Perhaps the most difficult aspect of a Global Marshall Plan is the effective use of resources for self-determined development paths. The promotion of good governance, subsidiarity, regionality, education, the fight against corruption, as well as coordinated and grassroots use of funds are seen as crucial for self-directed development. Concrete examples are microfinance, renewable energies and cooperation with local development workers.
The role of the Global Marshall Plan Foundation
Representatives from science, politics, the media, culture, business and NGOs joined forces in 2003 to launch the Global Marshall Plan Initiative in order to make a contribution against the increasingly threatening imbalance in human development.The Global Marshall Plan Foundation coordinates the development of the initiative of the same name, which now consists of a network of over one hundred organizations as well as numerous federal states and communities.
Why do we need a Global Marshall Plan?
Because global conditions are a scandal. The largely unregulated globalisation and the completely unacceptable regulations in the world financial system are accompanied by massive increases in poverty, hunger, resource conflicts, and North-South distribution issues, increasing migration, cultural conflicts, terror, wars, environmental destruction and a climate catastrophe. Today’s conditions of globalisation have negative consequences for the vast majority of people – sustainability is becoming increasingly difficult to achieve, and these problems cannot be solved either nationally or internationally. Instead, we need an improved and binding global framework for the world economy that reconciles economic processes with the environment, society and culture. Growing global awareness and the associated joint learning processes form the basis for fair contracts – in the spirit of a 'world domestic policy'. Find out here how you can actively help to achieve the goal of 'A World in Balance'.