Forecasting Net

Look into the future


Impact of culture on economic development

Posted by forecastingtool on May 24, 2016 at 4:05 PM
The quantitative impact of cultural traits to economic growth on a country level. In order to measure culture, in the sense of standard behaviors characteristic to the people of a certain country, we use the six dimensions first introduced by professor Geert Hofstede: Power Distance, Individualism, Masculinity, Uncertainty avoidance, Long term orientation, and Indulgence.

Find more about the relationship between countries’ cultural traits and economic growth here

Categories: Economy, Forecasting

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.

Already a member? Sign In

1 Comment

Reply Brandon
5:02 AM on December 19, 2017 
It is wonderful information and gets good knowledge and ideas from this article. The author is giving good thoughts and suggestions to each reader through this article. Read More : The good advantages of this article are giving good thought to each reader and it is giving good impressions.