Peter F. Drucker Boxed Set (8 Books) (The Drucker Library)

CHAPTER ONE

The Futures Already Around Us

IN FIVE IMPORTANT AREAS the 1990s will bring far-reaching changes in the social and economic environment, and in the strategies, structure and management of business.

For a start, the world economy will be quite different from what businessmen, politicians and economists still take for granted. The trend toward reciprocity as a central principle of international economic integration has by now become well-nigh irreversible, whether one likes it or not (and I don’t).

Economic relations will increasingly be between trading blocks rather than between countries. Indeed an East Asian block loosely organized ...