Hofstede Index and Knowledge Economy Imperfections in Arab Countries

This paper looks at the imperfections in the knowledge economy in Arab countries. It uses series of data including the Hofstede index to show how these imperfections are translated into the measures of knowledge and development. The outputs from Arab countries are also compared to those from the Eastern European Economies. The outcomes do clearly indicate the existence of a gap between Arab and Eastern European Economies and underline that more efforts need to be devoted to the reduction of imperfections in Arab economies