People's basic values are shaped by major changes in environmental conditions, such as scarcity of resources and hostility in the political and socioeconomic system. Based on the extensive research of the International Consortium for Management Studies, this work examines the values and perceptions of a variety of issues in eight countries with different socioeconomic and political systems. Cultural, family, and workplace values are among some of the critical issues discussed. A sequel to "Cross-Cultural Analysis of Values and Political Economy Issues" (Praeger, 1994), specialists in developmental, regional, and political economics will find this a timely contribution to understanding emerging developments in diverse cultures.

This review of the literature dealing with management in business in selected countries, and how management is affected by the culture and values of that country attempts to establish a baseline and methodology for developing further empirical studies. The contributors are selected from professional economists and sociologists from the countries discussed. The first part of the work deals with definition of terms and theories that are to be used in the work. The second part of the work deals with individual representative countries in Europe and Latin America, and the third part of the work describes future work needed in the area.