Uncertainty avoidance
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A cultural index derived by Dutch sociologist Geert Hofstede. It measures a nations tolerance for risk. According the Hofstede's research. Greece is the most risk avoidance culture, and Singapore the least. English speaking countries rank relatively low.
Some characteristics of a high uncertainty avoidance culture:
- Generally older countries/cultures with a long history.
- Homogeneous population.
- Risk is avoided in business (i.e. Germany)
- Low tolerance for innovation, prefer to stick to traditional routines.
- Citizens are often critical of own nation.
- High rate of motor vehicle accidents.
- Xenophobia is common and foreigners tend to be ostracized.
- Examples: Greece, Portugal, Japan, Israel, Spain
Some characteristics of a low uncertainty avoidance culture: