Culture, Freedom and Economic Growth: Do Cultural Values Explain Economic Growth?

Johnson, James P.; Lenartowicz, Tomasz
December 1998
Journal of World Business;Winter98, Vol. 33 Issue 4, p332
Academic Journal
Economic freedom, the ability of a society to conduct business in an unfettered manner without government intrusion, is a key determinant of economic success, but national culture, too, is thought to play a significant role in shaping a nation's business environment. This article combines data from a benchmark report, the Index of Economic Freedom, with two competing measures of national culture to posit a significant relationship between measures of culture, economic freedom, and economic growth. We discuss the implications of this relationship for business and for further academic research.


Related Articles

  • THE IMPACT OF THE POSTGRADUATE EDUCATION ON THE ECONOMIC DEVELOPMENT OF THE COUNTRY IN TRANSITION -- THE CASE OF CROATIA. Renko, Nataša; Brčić:-Stipčević, Vesna; Renko, Sanda // Enterprise in Transition: International Conference Proceedings: ;2003, p943 

    The article examines the impact of the postgraduate education on the economic development of Croatia. The authors identified the increasing number of students who became aware of the necessity for further education. It is cited that students willing to participate in postgraduate studies shows...

  • Culture, religion and economy in the American southwest: Zuni Pueblo and Laguna Pueblo. Grugel, Andrea // GeoJournal;Dec2012, Vol. 77 Issue 6, p791 

    Despite glittering casinos, supermarkets, pick-up trucks, trailer homes, satellite dishes, and all the other influences of the dominant Euro-American mainstream society which can be seen everywhere in the American Indian Pueblos of the Southwest, everyday life continues to be strongly...

  • The worth of: A MUSICIAN. Davis, Bon // Canadian Musician;Jul/Aug2009, Vol. 31 Issue 4, p26 

    The article discusses the author's sentiments to the value of musicians and the cultural values of the society. He states how the society undervalued the musicians especially those who are not famous yet as well as paying too high for those already famous ones. He stresses that the value of a...

  • The Indonesian Mentality and Development.  // SOJOURN: Journal of Social Issues in Southeast Asia;Aug88, Vol. 3 Issue 2, p107 

    Development has been, and continues to be, an issue of pressing concern in post-independence Indonesia. In the 1960s particularly, considerable attention was given to how development could be achieved and whether or not features of the indigenous cultures of Indonesia were compatible with the...

  • EXPLORING SUBCULTURAL DIFFERENCES IN HOFSTEDE'S VALUE SURVEY: THE CASE OF THE CHINESE. Huo, Y. Paul; Randall, Donna M. // Asia Pacific Journal of Management;Oct1991, Vol. 8 Issue 2, p159 

    Hofstede's Value Survey Module (VSM) identifies fundamental differences in the way people in various countries perceive and interpret their worlds. After adjusting value scores on the basis of demographic features of samples in the present study, values between subcultural groupings in four...

  • ARE THE JAPANESE IRRELIGIOUS? WEIG, JOHANS // America;1/7/1911, Vol. 4 Issue 13, p303 

    The author offers his views on issues pertaining to the religion of the Japanese people. The author reflects on the challenging task of a missioner in Japan. He comments on the allegations that the Japanese people is irreligious. The author also cites the presence of the sanctuaries of prayer in...

  • AGE-OLD VALUES. Wright, Stephen // Nursing Standard;4/25/2012, Vol. 26 Issue 34, p26 

    Japanese culture accords respect to older people. The UK should learn from this, says Stephen Wright.

  • Walking with Oscar: Teaching Values by Default?  // Strategic Finance;Aug2009, Vol. 91 Issue 2, p9 

    The article discusses the way in which values can be taught to others by default. Various principles related to the teaching of values are discussed, including that people do not have to be erudite or original when teaching values. The author's opinions regarding the appropriate time for people...

  • YÄ°RMÄ°NCÄ° YÃœZYIL MÃœSLÃœMAN AKLIN MODERNÄ°TEYÄ° TASAVVUR BİÇİMÄ°. Atalay, Orhan // Ekev Academic Review;Winter2007, Vol. 11 Issue 30, p1 

    Islam began to spread in areas which busied with native or universal cultural values previously and not refused them. On the contrary admited this values by examining them in new viewpoint, so caused to live by renewing them. This shows trust of Islam to it's values as much as tolerance the...


Read the Article


Sign out of this library

Other Topics