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    Economic Prosperity and Space Development
    Economic Prosperity and Space Development
    Economic Prosperity and Space Development
    Ebook88 pages1 hour

    Economic Prosperity and Space Development

    By Michael G. Baran

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    About this ebook

    This book has been over two years in the making. While the title may appear to be specific to Economics and Space Development I have been sure to include the human element as well as consider environmental concerns.
    I feel out of necessity it is essential something be done to prevent our world economy from running the risk of falling into a depression. Whereby the middle class and the poor would see their positions decline, which is already happening to some extent. Politicians, business leaders, and economists appear to be in a tough position, with little room to manoeuvre, with respect to revitalising the world economy. As well, there may not have been much focus yet on developing new strategies to bring about economic recovery. Since the focus to date appears to be on regaining economic stability. I feel what I have to offer, which may not be the ultimate or only solution, may at the very least stimulate some thoughtful discussions on how to improve the economic stability and perhaps return to some economic growth.
    "Economic Prosperity and Space Development" is essentially about how we can improve our current world economic malaise by looking at Space Exploration and Development as a way to exploit our Solar Systems and the Galaxy's wealth. I have related the advent of man's expansion into the Galaxy in relation to the historical exploitation of the America's by European Nations and the resulting accumulation of wealth and generation of economic prosperity.
    I begin by documenting the poor economic situation the world is in. I have obtained and reported economic data from the IMF, the World Bank, Government Agencies, and recent News Reports. The main direction these reports take is that the National and City governments and their respective budgets appear to have debt risk especially in the current economic environment. As well many Industries are finding their markets lacking growth or their markets are at risk.
    I have also included a section on the environment which is bound to be detrimentally affected should the economy continue to falter. This at a time when we appear to be making some progress in waste processes at the city and industrial level.




    As to financing this proposed expansion into Space I detail in the book how the G20 community and the World Bank should set up long term financing along the lines of the various programs the World Bank is currently involved with. But , I imagine on a much larger scale. Due to scope of the financial outlay I also recommend the Space Development is organised along the lines of Economic Communities (EU , NA, AP , etc) rather just the individual Nation states. I provide examples of recent World Bank financed programs that have been implemented.
    Then finally I detail how our existence on earth is subject to catastrophic events. Asteroids, Climate change, changes in magnetic polar locations. While we hope that our existence on earth should be free from trouble for the next few thousand years at least. We just do not know when to expect the next occurrence. Having technologies developed that would allow the transport of a good portion of the populace and nature would help alleviate that risk.
    LanguageEnglish
    PublisherXlibris US
    Release dateJul 9, 2010
    ISBN9781453526187
    Economic Prosperity and Space Development
    Author

    Michael G. Baran

    Mike Baran is a business graduate of Ottawa University and is a member of the Frazer Institute. His hobbies include soccer, badminton, cycling and reading books.

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      Book preview

      Economic Prosperity and Space Development - Michael G. Baran

      Copyright © 2010 by Michael G. Baran.

      All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.

      Xlibris Corporation

      1-888-795-4274

      www.Xlibris.com

      Contents

      Introduction

      Current Economic Conditions

      Market Conditions

      Employment Conditions

      National and International Debt

      Urban and Industrial Conditions

      Environmental Conditions

      Forms of Pollution

      Funding for Space Development

      Current World Gold Wealth

      Space Credits

      World Bank G20 Financing

      Space Development Industry

      Space Development Agencies

      Space Development, Our Future

      City and Industrial Infrastructure

      Rationale for Immediate Action

      Conclusion

      Endnotes

      Introduction

      Today’s world economies are tied to the resources that exist only on planet Earth for the generation of resource revenues. What we need to seriously consider are the resources that exist beyond Earth in our solar system’s planets, moons, and asteroids—in addition, for future consideration, the resources and habitable planets in our galaxy’s vast number of solar systems.

      In the recent past (years 1400-1800), wealthy parties and governments of European nations invested funds in developments to seek out and obtain gold, lumber, land, and further trading routes to improve their wealth and resources.[1] These investments brought about wealth and development in the originating countries, which subsequently brought about wealth and development in the explored continents. The tremendous wealth and development that came from the expansion to the Americas and other continents should also be achievable in the expansion and development into space, perhaps to a much greater extent than now seems possible. This expansion into space to access the off-world wealth will, in theory, provide a great stimulus to our ailing world’s economy should history repeat itself.

      Since the expansion into space involves a much more hostile environment than just traveling by ocean to another part of Earth, we will need to prepare the means of transportation and infrastructure before we are able to expand into space in a viable way. In order to do that, it would be necessary that the G20 economies and the financial community (World Bank) set up long-term financing for the development and infrastructure needed. To help with the funding, the G20 community could also establish another form of currency, space credits, to fund the development. The space credits currency would be based upon a portion of the gold and other valuable minerals that are calculated to exist in our solar system (other than Earth). In addition, future solar systems and asteroids would also be considered in the space credit’s determination. But overall, the greater share of the space development long-term funding would in reality come from the World Bank and the participating nations or economic communities.

      The current world’s economy appears to be limited, for the most part, to those activities that more or less directly generate revenues. What we need to do in this instance is use the space credits currency and World Bank financing to provide a large capital infusion to develop equitably in all geographic economic communities (i.e., EU, NA, AP, SA, Africa, etc.) a new avenue of economic growth, the space industry. I say this since the current space industries are, in reality, only in the start-up phase. The greatly expanded space economy would be funded and developed to generate future revenues and future wealth. The space credit currency and financing would also be used to develop an infrastructure that can support space development and to redesign and rebuild cities (including industries) so that they are financially and environmentally sound. This will set the stage for the world’s geographic economic communities to more equitably access the wealth that is available in our immediate solar system and in the other solar systems in our galaxy.

      As part of the redesign and rebuilding of cities, we would clean up Earth of all pollutants in all areas of land and sea. Not only does the existing pollution need to be dealt with, but we need to set up a revamped city/industrial infrastructure in such a way so as to prevent future pollution and costly pollution cleanup. We should also try to reduce our human footprint to give back and share Earth with our animal and plant life. As part of that, we need to preserve the farming land and farming communities necessary for our sustenance.

      Now, the question may arise, Why not let space development and redesign of the cities happen as a normal course of events? In the current economic climate, with limited additional financing available, that does not appear to be possible. Especially when you consider the tremendous financing, research, and development, and time that will be needed to develop space.

      What other reasons require us to make serious near-term efforts to expand into our solar system and then beyond? The reasons are many, and there are possibilities that can occur when we least expect it. It is a known fact in Earth’s recent past that there were climatic changes, such as the ice age, of enormous proportions. Not only that, but Earth has also

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