Andreas P. Kyriacou
Individualism–collectivism, governance and economic development
University of Girona
individualist society prizes personal control autonomy individual accomplishments collectivist one puts premium loyalty cohesion imposes mutual obligations context ingroups argued contrast collectivism individualism promote economic development directly sharpening individual incentives invest innovate accumulate wealth article argue individualistcollectivist dimension also affect development impact quality government ingroup favoritism inherent collectivist societies likely engender corruption nepotism clientelism public sphere individualist societies relative weakness ingroup pressures emphasis personal achievement worth contribute towards meritocratic efficient public sector benefit longrun growth empirical evidence provided suggesting insofar individualism affects economic development promotes good governance