Bj. Punnett et al., THE RELATIVE INFLUENCE OF ECONOMIC-DEVELOPMENT AND ANGLO HERITAGE ON EXPRESSED VALUES - EMPIRICAL-EVIDENCE FROM A CARIBBEAN COUNTRY, International journal of intercultural relations, 18(1), 1994, pp. 99-115
This research considered the relative impact of level of economic deve
lopment versus Anglo heritage on four cultural values measured by the
Value Survey Module. Results suggest a strong relationship between eco
nomic development and individualism. This supports earlier findings, f
or example, those of Hofstede, that countries that are low on economic
development, measured by per capita GDP, are also low on individualis
m. The implications for organizational researchers and practicing mana
gers are discussed.