ARE ORIENTATIONS OF NATIONAL CULTURE AND THE DEVELOPMENT OF THE GREEN ECONOMY INTERRELATED?

Abstract

Green economy, as an environmentally sound, low-carbon economy, brings benefits not only to the natural environment but also to business and society. Decreasing environmental problems and promoting sustainable development are critical objectives of the green economy that seeks to balance the social, economic, and environmental pillars. Culture is an important supporting pillar of social development since it shapes the identity of a society, and there can be no sustainable development without considering this important factor. Most of the Sustainable Development Goals, adopted by the United Nations in 2015, emphasize the role of culture at its core. The primary purpose of this paper is to explore the interconnectedness of national cultural orientations and the stages of green economy development. In the research, we gathered secondary data from 60 countries from different parts of the world. The data for national cultural orientations were collected from the Hofstede insights website, whereas the values for the green economy indicators we gathered from the Green Growth Index Report. The research is based on descriptive statistical analysis. Its findings show that for some green economy indicators, there are statistical differences between different groups of countries with different national cultural orientations. For some indicators, there were no significant differences.