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Writer's pictureGeorge Boretos

Impact of culture on the development of countries

Updated: Jan 5


The quantitative impact of cultural traits on 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.


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