Kenichi Ohmae is an Asia-based strategist of long standing, and The Next Global Stage offers a sweeping and thoughtful review of the latest trends in globalization. Readers will find plenty of food for thought concerning individual companies in India, China, and Japan, as well as more far-reaching discussions of global economic forces, regional strength, the changing role of government, and technological progress. Think of it as a one-stop shop for all things globalization. Though the book is Asia-heavy, Ohmae also takes a spin through other regions he considers hot spots for the future. Some may surprise you: Tallinn, Vancouver, Ho Chi Minh City, São Paulo.
Of all the trends he reviews, the one he identifies as most important for the future is the emergence of "region-states," which include some of the cities named above. A region-state has all the practical building blocks for economic growth, such as a sizable population and an efficient transportation infrastructure. But more importantly, region-states are "units" that create a virtuous circle: They are open to outside ideas, welcome people with various backgrounds and skills, and become magnets for investment. "The concept of native versus foreigner must be erased, so rules limiting investment or foreign ownership of land or capital must be abolished."
Ohmae, whose previous books include The Mind of the Strategist and The Borderless World, is optimistic about the march of globalization. This book forms a good starting point for viewing a clear road ahead.—Martha Lagace
Table of Contents:
- The world tour
- Opening night
- The end of economics
- Playmakers
- Platforms for progress
- Out and about
- Breaking the chains
- Reinventing government
- The future market
- The next stage
- Postscript