Ch 7 response by kira

In chapter 7, a new dimension "long term versus short term orientation (LTO)" is introduced.  According to the writer, long-term orientation stands for the fostering of virtues oriented toward future rewards while short term orientation stands for the fostering of virtues related to the past and present. (p239). Since the long term orientation is highly related to the famous Chinese philosophy, Asian countries generally scored higher than westerns in the world values survey (WVS).

I found the survey pretty make sense because when I looked at the indexes of US and China. US, as a short term orientation country which score a low index in WVS, had been leading the global economy after World War II. On the other hand, China, as a long term orientation country which score a very high index in WVS, has an incredible bloom in economy during these years. And I think guanxi plays an important role in the development of long term orientation countries.