Uncertainty avoidance is 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:
- Newer or recently settled countries.
- Diverse population.
- Risk is valued in business (i.e. U.S.A.)
- Frequent innovations.
- Citizens are proud of nation.
- Foreign population is encouraged to blend in.
- Examples: U.S.A., Singapore, Jamaica, Ireland, Sweden