Globalization Enhanced For Me (GEFM): Unlocking New Opportunities In A Multipolar World

In today's increasingly multipolar world, characterized by diverse centers of power, traditional investment models must adapt to new economic realities. The existing Western-led economic framework is facing challenges due to geopolitical shifts and technological advancements, necessitating a reevaluation of strategies within global commerce.

One promising framework to consider is Globalization Enhanced for Me (GEFM). A term I coined in a Linked Post? called ‘The Bahamas, A Global Investment Choice’ (October 2024), which emphasizes individual empowerment in the global economy, advocating for greater ownership of digital identities, assets, opportunities, and zones. GEFM introduces key opportunities for investors and individuals, opening the door to the 5th wave of globalization. This would build on the previous four waves of; 1）exploration and colonization, 2) industrialization, 3) post WW II cooperation and 4) expanded global interconnectedness.

Under GEFM, consumers would have absolute ownership of their cellphone numbers, using them as global identifiers for investments, travel, residency, and commerce. Through blockchain technology, cellphone numbers could be linked to secure digital wallets, enabling individuals to manage digital assets, participate in local and global commerce, engage in remote work, and reside in special economic zones designed for the globally minded.

States and regions would be encouraged to invest in data centers and internet exchange points, facilitating the collection of quality data to train global large language models. This infrastructure supports the principles of GEFM by creating an ecosystem that prioritizes individual agency alongside State interests.

Emerging technologies such as blockchain, artificial intelligence, and quantum computing offer unprecedented opportunities for innovation and growth in global commerce. These advancements align with GEFM's vision, fostering a more equitable and prosperous global landscape.

As we navigate these complexities, the challenge remains to develop systems that empower both nations and individuals. Investors and individuals who adapt to these dynamics will be well-positioned to leverage new opportunities. States that understand the dynamics of GEFM may move to create global economic zones within their borders, catering to the globally connected person.

I believe we are on the cusp of the 5th wave of globalization, where connectivity is intrinsically linked to the movement of data and the controlled, monitored movement of people. This new awakening could become as transformative as previous milestones like the discovery of fire, the invention of writing and the printing press, the Renaissance, the Industrial Revolution, and the advent of the internet and mobile technology.

Embracing GEFM could usher in an era that redefines global commerce and individual empowerment. It's time to rethink our approaches and seize new opportunities.