As-salam-o-alaikum,
I hope you have read the whole speech of Dr.Mahathir Mohammed, Prime minister of Malaysia in the 10th OIC summit on 16th October. If not than go to the below website and read it.
www.bernama.com/oicsummit/speechr.php?id=5&cat==BI
I think that its a bold step taken by him and will have a positive effect on most of us Muslims. Do you have any ideas that the current Muslim Ummah should adopt?
The initiative has to be taken by our governments ofcourse but what should it be? One thing which comes in my mind is centralized Muslim Nations Trading Market. Also an Islamic Bank. Plus control on all types of media.