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Freedom to choose one’s best options allows people to make the best choices.   Poverty on the other hand necessitates desperate measures in order to survive.  Freedom and Poverty are mutually exclusive.

To solve the problem, sustainable economic development growth is manifest and nurtured in a ecosystem inclusive of seven elements: synergism pillar building, SDG enhancements, stakeholder engagement, an investment inclined culture, hub building, finance, and ecosystem support. We call the process and work to create this system the BANQUEX Eco-Development Ecosystem®, an impact system for improving peoples lives.

At this site is a compendium of economic development articles to get a better understanding of eco-development and economic development and the work of growing economies in a sustainable fashion.  We have also written a book that you may download for free that lays out just how we do all this development and finance these billion dollar projects without debt.  This is a secret the banking community has kept hidden for 77 years – the secret way banks create money.

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View Our Economic Development Blog Articles




Intentional Eco Development, Why So Difficult?

Why is intentional Eco development so important. Intentional Economic Development or Intentional Eco-development actually improves peoples lives. It is defined as concentrated holistic development using an integrated approach to environment and social development within a specific region…

Sustainable Impact Investing, Earns Outcomes

Sustainable Impact Investing, Earns Outcomes Sustainable impact investing gets to the real bottom line. If your people are investing in an impact fund, wouldn’t they be more comfortable if they; 1) got a fixed financial return on their capital and, 2) knew that they were getting the exact outcomes that they bought into? …

Sustainable Economic Development, How-to

How is Sustainable Economic Development Accomplished? Sustainable economic development growth is manifest and nurtured in a ecosystem inclusive of seven elements: synergism pillar building, SDG enhancements, stakeholder engagement, an investment inclined culture, hub building, finance, and ecosystem support…

What is Economic Development? Definition…

The definition of Economic Development takes three completely different pathways.  One is the philosophy of economic growth, the second is economic growth plus social and environmental well being, and the third is the actual work building infrastructure and growing an economy.  Discover which is important and which does more damage than good…

Financing Economic Development, Best Practice

Financing Economic Development dictates our belief that capital should be utilized to make peoples life better. Financing infrastructure without debt is the ‘holy grail’ of CAPEX financing. Every project then becomes economically feasible. Learn the secret to financing billion dollar projects without debt.

Is Government the Worst at Economic Development?

Who should be doing economic development work? Certainly not the government. Who should be doing the work, and who should not? Who else need to get in the game? These are important questions. People’s lives depend on getting it right. Get the answers to these difficult questions here.

“The Secret to Intentional Eco Development”, the Book

“The Secret to Intentional Eco Development”, the book, features the two secrets to successful sustainable economic development growth, the ecosystem and the financing of billion dollar projects without debt. The result is self-sustaining communities and the eradication of poverty.

Economic Development Lexicon & Glossary

A compendium of economic development terms, definitions, acronyms and word associations including ESG investing, Impact investing and measurement and evaluation processes, social and environmental responsible investing and the terminology surrounding accounting and finance of economic development.




Agency, Freedom, Empowerment in Development


Author: Jeffrey R. Scott

When planning development we are driven to always keep the “why” in the front of our vision because it tends to inform us of what is important.  This article will address the most important reason to do economic development work. And this factor will then drive all of the actions to deliver the best possible outcomes.

We have to consider the big question first.  Why are we here on earth?  Without understanding that reality we have no purpose, except the transient idea of the day.

I believe that we are here to fulfill the measure of our creation – to be the most or best that we can possibly be.  Without getting into the religious ramifications of what that is, it is a given that in order to manifest whatever we believe that is, we need agency in order to achieve the best results.

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The more agency the better.

There are several factors surrounding agency.  First we realize that “choice” is what we are talking about.

We also have to realize that just because one has choice he may not believe he has choice over his circumstances.  The old adage “You can lead a horse to water but you can not make him drink” applies here.  Even though some may be in a state where the greatest possibility to make life changing choices is available, many may not believe that what they can do for themselves will actually make a difference in their outcomes.

There are many that mistakenly believe government is the entity that caries the responsibility to provide them with a better life.  When they harbor this belief they will make little effort at self improvement.  And when effort is made, and they see no immediate positive change, they may give up easily.

Realizing this, drives home the idea that to be a change agent one must proactively emphasize positive outcomes for the benefit of stakeholders and beneficiaries.  The projected vision has the absolute necessity to include the outcomes that personal initiative can accomplish; and then to encourage that individual initiative.  Without effort on the part of beneficiaries the likelihood of them fulfilling the measure of their creation is nil.

You can not force people to want to be better, but you can put systems and infrastructure in place, provide mentors, and then publicize the “new opportunity” for effective improvement.  The infrastructure that Banquex makes possible through their eco-development ecosystem® empowers people with the greater freedom necessary for positive change.

Just because a business owner makes more profit today, because of better infrastructure and systems, does not mean he will take that profit and invest in the growth of his business.  Often people need to be informed that prudent investment can provide even greater profits down the road, and then be consulted as to what actions will likely result in those greater profits.

This is all part of the ecosystem Banquex has put in place to affect economic development to be achievable and sustainable.

So when doing economic development or as Banquex has identified it, the Banquex Eco-Development Ecosystem®, we need to keep these factors in mind.

Further, each action of development needs to be informed and guided by the notion that the freedom to choose is the ultimate end goal for infrastructure and systems; and then specify what that looks like for everything that is being built and installed.  Sometimes the positive outcomes are hidden or occur as a consequence of other benefits.  The importance here is that the vision is included in these positive outcomes, so the workers, stakeholders and beneficiaries know what to expect.  It is much easier arriving at a destination that one can see.

Another remarkable fact is that the greater the economic freedom of a region, the easier it is to accomplish sustainable economic growth.  Freedom engenders trust and trust is a vital ingredient in speedily doing business.

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Freedom Empowers Sustainable Development,
Sustainable Development Manifests Freedom.

In the end, Banquex is delivering freedom for those that are involved at every level.  And this freedom makes possible the employment of actions leading to the maximum number of people fulfilling the measure of their creation.  But regardless, all should have the right.  So the development is ongoing. 


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        There is no greater cause in
eco-development than empowerment.



There are other articles relating to Development as Freedom in our blog.




Banquex’s Impact Investment Funds

Triple Bottom Line Explanation

When social investment is linked with environmental responsibility the outcome is bearable for the beneficiaries.  When social Investing is linked with economic investing the outcome is a more equitable distribution of wealth.  When environmental responsibility is linked with economic investing the outcome is long term economic viability combined with a cleaner environment.

When all three are linked with investing you end up with long term sustainable growth that benefits both the investor and the effected community members.

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When investing takes into account both social concerns of the beneficiaries and environmental responsibility then you can lift people out of poverty and empower them with freedom from despiration and a new capacity to make decisions employing greater long term responsibility.

When all of these concerns are employed when investing you get the trifecta of social empowerment, environmental enhancement and longevity of business performance.  When you can do it without debt you end up with long term socially and environmentally responsible viable economic growth.

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There are two different economic impacts that you want to achieve:
(1) You want everything you build to be economically sustainable. It has to be profitable. When a project is financed without debt, then even marginal projects can be economically feasible. All of our projects are financed without debt, the ultimate patient capital.  (2) You want the return on your investment to be independent from the the success of the project. That way you know what your return is going to be before you invest. With our system you will get a fixed RIO every month. Our system is available to institutional investors only. Sign up on the right to get a list of participating funds. With the social, the environmental and the economic impact you then have the “as good as gold” triple bottom line you are seeking.

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