Emerging Economies: An Investigation of National Culture and Sustainable Development

The current study highlights the significance of national culture in advocating sustainable development, aligning with the goals outlined in the 2030 Agenda. It draws upon theories from various perspectives, including Classical Marxism, System Justification, Weber and the Ethic of Protestantism, and...

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Bibliographic Details
Published in:Economies 2024-09, Vol.12 (9), p.226
Main Authors: Cahyadi, Afriyadi, Raneo, Agung Putra, Marwa, Taufiq, Adam, Mohamad, Szabó, Katalin
Format: Article
Language:English
Subjects:
Cultural heritage
Cultural identity
Culture
Economic aspects
emerging economies
Emerging markets
Hofstede’s cultural dimensions
National characteristics
national culture
Protestantism
Social aspects
sustainable competitiveness
Sustainable development
Transition economies
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Summary:The current study highlights the significance of national culture in advocating sustainable development, aligning with the goals outlined in the 2030 Agenda. It draws upon theories from various perspectives, including Classical Marxism, System Justification, Weber and the Ethic of Protestantism, and Postmaterialism. By examining the relationship between national culture and sustainable development, particularly in emerging economies, it addresses a gap in existing discourse. Using data from The Culture Factor Group website and the Global Sustainable Competitiveness Index provided by Solability in 2023, this study investigates how six of Hofstede’s cultural dimensions relate to the sustainable competitiveness of emerging economies. The findings, based on a sample of 21 emerging economies sourced from diverse online platforms, indicate a significant relationship between national culture and sustainable development, particularly in terms of sustainable competitiveness. This study underscores the importance of recognizing culture as a key factor in achieving sustainable development goals, supporting its inclusion as a fundamental aspect in shaping policies and strategies aimed at fostering sustainable development in emerging economies.
ISSN:2227-7099
2227-7099
DOI:10.3390/economies12090226