Title: When Eastern organisational cultures meet Western economies: some potential impacts

Authors: Jose Areekadan

Addresses: Harbin Institute of Technology, School of Management, 92 West Dazhi Street, Nan Gang District, Harbin, Heilongjiang, China

Abstract: Eastern organisational relationships and networks have been well documented and researched extensively by numerous organisational theorists. This paper reviews the existing literature on the concepts of 'guanxi' and 'wasta' and considers the potential economic impact to a Western economy. Similarities and difference between guanxi and wasta are explored in order to determine what the potential level of influence may be to the Canadian economy. It concludes that neither guanxi nor wasta have a significant impact on the Canadian economy based on Canadian inward foreign direct investment.

Keywords: organisational; culture; guanxi; wasta; nepotism; Canada; economy; FDI.

DOI: 10.1504/IJCULTM.2022.121003

International Journal of Cultural Management, 2022 Vol.1 No.1, pp.80 - 91

Received: 13 Sep 2019
Accepted: 11 Feb 2020
Published online: 21 Feb 2022 *