The Chinese Market Economy, 1000–1500

The Chinese Market Economy, 1000–1500
Title The Chinese Market Economy, 1000–1500 PDF eBook
Author William Guanglin Liu
Publisher State University of New York Press
Pages 394
Release 2015-09-01
Genre History
ISBN 1438455690

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Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world's largest market economy, a position traditional China held a millennium ago. William Guanglin Liu's bold and fascinating book is the first to rely on quantitative methods to investigate the early market economy that existed in China, making use of rare market and population data produced by the Song dynasty in the eleventh century. A counterexample comes from the century around 1400 when the early Ming court deliberately turned agrarian society into a command economy system. This radical change not only shrank markets, but also caused a sharp decline in the living standards of common people. Liu's landmark study of the rise and fall of a market economy highlights important issues for contemporary China at both the empirical and theoretical levels.

Development Centre Studies Chinese Economic Performance in the Long Run

Development Centre Studies Chinese Economic Performance in the Long Run
Title Development Centre Studies Chinese Economic Performance in the Long Run PDF eBook
Author Maddison Angus
Publisher OECD Publishing
Pages 196
Release 1998-09-25
Genre
ISBN 9264163557

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The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization
Title Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization PDF eBook
Author Yi Wen
Publisher World Scientific
Pages 336
Release 2016-05-13
Genre Business & Economics
ISBN 9814733741

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The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

The Chinese Market Economy, 1000–1500

The Chinese Market Economy, 1000–1500
Title The Chinese Market Economy, 1000–1500 PDF eBook
Author William Guanglin Liu
Publisher SUNY Press
Pages 394
Release 2015-08-31
Genre History
ISBN 1438455674

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Documents the rise and fall of a market economy in China from 1000–1500. Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world’s largest market economy, a position traditional China held a millennium ago. William Guanglin Liu’s bold and fascinating book is the first to rely on quantitative methods to investigate the early market economy that existed in China, making use of rare market and population data produced by the Song dynasty in the eleventh century. A counterexample comes from the century around 1400 when the early Ming court deliberately turned agrarian society into a command economy system. This radical change not only shrank markets, but also caused a sharp decline in the living standards of common people. Liu’s landmark study of the rise and fall of a market economy highlights important issues for contemporary China at both the empirical and theoretical levels.

The Cambridge Economic History of China

The Cambridge Economic History of China
Title The Cambridge Economic History of China PDF eBook
Author Debin Ma
Publisher
Pages 867
Release 2022-02-24
Genre Business & Economics
ISBN 1108425534

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A comprehensive survey of Chinese economic history from 1800 to the present from an international team of leading experts.

An Early Modern Economy in China

An Early Modern Economy in China
Title An Early Modern Economy in China PDF eBook
Author Bozhong Li
Publisher Cambridge University Press
Pages 641
Release 2021-07-15
Genre Business & Economics
ISBN 1108479200

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The first English translation of Li Bozhong's pioneering study of GDP in early modern China.

The Great Divergence

The Great Divergence
Title The Great Divergence PDF eBook
Author Kenneth Pomeranz
Publisher Princeton University Press
Pages 404
Release 2021-04-13
Genre Business & Economics
ISBN 0691217181

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A landmark comparative history of Europe and China that examines why the Industrial Revolution emerged in the West The Great Divergence sheds light on one of the great questions of history: Why did sustained industrial growth begin in Northwest Europe? Historian Kenneth Pomeranz shows that as recently as 1750, life expectancy, consumption, and product and factor markets were comparable in Europe and East Asia. Moreover, key regions in China and Japan were no worse off ecologically than those in Western Europe, with each region facing corresponding shortages of land-intensive products. Pomeranz’s comparative lens reveals the two critical factors resulting in Europe's nineteenth-century divergence—the fortunate location of coal and access to trade with the New World. As East Asia’s economy stagnated, Europe narrowly escaped the same fate largely due to favorable resource stocks from underground and overseas. This Princeton Classics edition includes a preface from the author and makes a powerful historical work available to new readers.