The Chinese market economy, 1000-1500
Title:
The Chinese market economy, 1000-1500
Author:
Liu, William Guanglin.
ISBN:
9781438455679
9781438455686
Personal Author:
Physical Description:
xvii, 374 pages : illustrations ; 27 cm
Contents:
The Market Economy in Later Imperial China. Issues and approaches -- The nature of Song and Ming economic data -- The Song Era. How large was the money economy?-- Trade and water transport in the eleventh century -- The Ming Era. China after 1200 : crisis and disintegration -- Prices, real wages and national incomes -- Agriculture. Agricultural development of the Lower Yantze -- Changes in Agricultural productivity, 1000-1600 -- Conclusion -- A general guide to Chinese economic data sources in the Song and Ming eras -- Appendices. Chinese population data -- Long-term changes in prices and the money stock -- Waterway networks in the eleventh century -- Chinese Acreage, 900-1600 -- Long-term changes in real wages -- Estimates of national incomes -- Major commodities in the domestic market -- Military farms, involuntary migrations, and extensive agriculture.
Abstract:
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.
Subject Term:
Bibliographical References:
Includes bibliographical references (pages 329-363) and index.
Field 805:
npmlib 10802335 HC427.6 L5828 ysh