Sunday, April 22, 2007

Muti-Cultural dimension and Per Capita Income

I was looking trying to see if there is any relationship between per capita income and Geert Hofstede's cultural dimensions. One thing I noticed that individualism is high on almost all high income countries. It may be because of the high economic activities leads to more independence, movements finally weakening of society's hold on individual. Or it could be other way also i.e. if economic progress is faster when individualism is high in society.
Similarly, long term orientation seems to low, uncertainty avoidance index is high except few exception. Is it because of sustained good economic progress they tend to become more conservative?

Excel with per capita income and cultural dimension index.

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