A compelling chart sourced from JPM research on Covid.
On the x-axis is a measure of “collectivism vs. individualism” – a concept developed by Geert Hofstede in 1970s.
“The individualism vs. collectivism dimension considers the degree to which societies are integrated into groups and their perceived obligations and dependence on groups. Individualism indicates that there is a greater importance placed on attaining personal goals.“
On the y-axis a measure of Covid infection rates per capita.
“A standard cluster analysis shows a high degree of significance when thinking about COVID within a collectivism/individualism dimension.“
