The differences in people's values and their perceptions of political economy issues that may occur because of their differences in socioeconomic and political systems provide the general focus of this book. These differences are analyzed using empirical data compiled from eight countries reflecting different socioeconomic and political systems. Three of these countries are considered more market-oriented, namely, Germany, Japan, and the United States. These three countries are also very industrialized with highly developed economic systems. Three other countries are considered to have a more collectivist orientation, and they include the former Soviet Union (with an emphasis on Russia), the People's Republic of China, and Yugoslavia (with an emphasis on Serbia). The first two of these countries are very large and somewhat developed, while the latter was a smaller, developing economic system at the time of the survey. The remaining two countries are Venezuela and Chile, two Latin American nations with evolving socioeconomic and political systems.
This book is the second volume involving cross-cultural collaborative research by members of the International Consortium for Management Studies. The first volume, Cross-Cultural Analysis of Values and Political Economy Issues ( Voich and Stepina, eds., Praeger, 1994). presents a group of essays written by various members of the Consortium. These essays reflect the current literature and research that exist in each country, and they provide insights on the nature and importance of values and how these values generally impact people's perceptions of management and society. The members of the International Consortium for Management Studies not only bring a variety of perceptions based on their different socioeconomic and political systems to this collaborative research, they also reflect an array of multidisciplinary perspectives. These disciplines include economics, human resource management, law, management strategy, multinational business, political science, risk management, marketing, psychology, and sociology.