Summary, Conclusions, and Future Directions for Research
This research focuses on differences in people's values and their perceptions of political economy issues, which are based on eight different socioeconomic and political systems. These eight systems are grouped into three categories: (1) market-oriented systems ( Germany, the United States, and Japan); (2) collectivist systems ( Yugoslavia, the People's Republic of China, and the former Soviet Union); and hybrid systems or Latin American countries ( Venezuela and Chile).
Figure 12.1 summarizes the structure of this research project. While this report discusses some of the major results within this overall research structure, there are numerous other possible analyses that can be conducted, as well as other analytical techniques that can be used. It is important, however, in this first report to provide an extensive overview of the entire scope and structure of the research, especially the responses to all of the 250 propositions relating to values and issues/tenets.
The 16 values researched as part of this study are based on 94 value propositions that respondents reacted to using a Likert-type scale. Moreover, the 16 values are grouped into two broad value sets: (1) those that reflect a tendency toward individualism (9 values based on 49 propositions) and (2) those that reflect a tendency toward collectivism (7 values based on 45 propositions). The responses pertaining to the individualism values are discussed in Chapter 3, while those pertaining to collectivism are the focus of Chapter 4. In Chapter 5, an analysis of value priorities and a comparison of responses relating to the two broad value tendencies are presented.
The 19 political economy issues and tenets researched as part of this