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The Next Global Stage Challenges and Opportunities in Our Borderless World by Kenichi Ohmae

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Chapter 8. Reinventing Government

The global stage demands a new script. This new script requires that the major players change how they act and think. This applies to individuals as well as institutions, whether they are corporations, unions, campaigning groups, investors, regional governments, or national governments.

Disappearing Power

First, let us consider how governments must change on the global stage. There can be no escaping the reality that on the global stage, the role of governments is completely different. Governments have conventionally considered themselves as repositories of power. Now, however, central governments will find that a lot of their power has gone. They may even believe themselves to be totally impotent without the powers ...

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