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- The End of the Nation State
The End of the Nation State
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By losing their ability to control exchange rates and protect their currencies, nation states, assers Ohmae, have forfeited their role as critical participants in the global economy. Ohmae contends that five great forces have usurped the economic power once held by the nation state, resulting in the rise of region states which have closer links to the global economy than to their "host" nations.
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