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End Of The Nation State
Description
End Of The Nation StateIn this work, Ohmae argues that not only have nation states lost their ability to control exchange rates and protect their currencies, but because they no longer generate real economic activity, they have forfeited their role as critical participants in the global economy. Ohmae contends that five great forces communication, corporation, customers, capital and currencies have usurped the economic power once held by the nation state. He explains how
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