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- DescriptionNation states, asserts the world-rewned business strategist Kenichi Ohmae, are disaurs waiting to die. In this profoundly important book Ohmae argues that t only have nation states lost their ability to control exchange rates and protect their currencies, but they longer generate real ecomic activity. As a result, he maintains, they have already forfeited their role as critical participants in the global ecomy. Once efficient engines of wealth creation, nation states today have become inefficient engines of wealth distribution, whose fates are increasingly determined by ecomic choices made elsewhere.
Ohmae contends that four great forces -- capital, corporations, consumers, and communication -- have combined to usurp the ecomic power once held by the nation state. In the first full-scale analysis of this global phemen, Ohmae explains exactly how communications w control the movement of capital and corporations across national borders, how demanding consumers determine the flow of goods and services, and how harmful government policies are increasingly disciplined by the actions of informed consumers, profit-seeking corporations, and currency markets.
Old habits die hard and the habits of power die hardest of all. While governments cling to jingoistic celebrations of nationhood that place far more value on emotion-grabbing symbols than on the welfare of their citizens, Ohmae reveals that within their borders a revolution has been born. He documents how affluent ecomic zones forming natural business units have arisen throughout the world, bringing real, concrete improvements in the quality of life. These new engines of prosperity, which Ohmae calls region states, have emerged, for example, between San Diego and Tijuana, Singapore and parts of Malaysia and Indonesia, Silicon Valley and the Bay Area, and Hong Kong and the adjacent portion of the Chinese mainland. He describes how these region states, each inhabited by 5 to 20 million people, have closer links to other region states in the global ecomy than to their host nations, and constitute essential growing markets for the goods and services of global corporations.
Ohmae concludes that the emergence of the region state changes deeply and forever the global logic that defines how corporations operate and how the governments of nation states understand their proper role in ecomic affairs. Managers and policymakers must remember that people came first, and borders came afterwards. This masterful analysis will redefine the workings of the global ecomy for generations to come.
- PublisherSimon & Schuster
- Date of Publication01/05/1996
- SubjectManagement & Business: General
- Place of PublicationNew York, NY
- Country of PublicationUnited States
- ImprintThe Free Press
- Content Noteblack & white illustrations
- Weight341 g
- Width152 mm
- Height229 mm
- Spine13 mm
- Format DetailsTrade paperback (US)
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