Description
Institutions and Chinese Economic Development
A Comparative Historical Approach
Routledge Explorations in Economic History Series
Author: Tan Li
Language: EnglishSubjects for Institutions and Chinese Economic Development:
Keywords
Gdp Growth; Chinese economy; Central Government; economic history; Fast Gdp Growth; institutional economics; Chinese Government; comparative history; Chinese Miracle; Chinese studies; Keju System; The Chinese Model; Core Institutions; contemporary Chinese Miracle; Dynastic Cycles; industrial revolution; Social Members; Chinese state institutions; State Enterprises; Chinese GDP growth; Qing State; Late Qing China; Eastern Zhou Period; Middle Income Stage; Official Entrepreneurs; Guandu Shangban; Li Hongzhang; KMT State; Qin Han Period; Contract Enforcement Institutions; Taiping Uprising; Meiji Government; Qing Government; Hanyang Ironworks; Shang Yang Reforms
Publication date: 05-2023
· 15.6x23.4 cm · Paperback
Publication date: 11-2021
· 15.6x23.4 cm · Hardback
Description
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China?s rise as an economic power has posed some challenging questions: how did China achieve GDP growth that was even faster than the Four Asian Tigers? Is the "Chinese model" superior? Why hasn?t the rapid economic growth lead to democracy in the country as many observers expected? And can China sustain its rapid economic growth with its existing social system?
Institutions and Chinese Economic Development: A Comparative Historical Approach explores these questions by studying the historical relationship between institutions and economic development in China, drawing comparisons with England, Japan and other Asian economies as appropriate. The investigation focuses on several junctures in China?s economic development: the starting point of the divergence between China and the West; the externally-provoked industrial development in the late 19th century; and the contemporary Chinese Miracle. The analysis foregrounds the role played by Chinese institutions and examines their effects on both the country?s failure to industrialize in the past and its economic achievements in recent time. The book also asks whether, without reform to the existing state institutions, China might still be subject to the historical dynastic cycles today, despite its recent economic success.
This work is of great interest to students and scholars of the Chinese economy, economic history and institutional economics, as well as comparative history and Chinese studies more broadly.
(1) Introduction (2) Core Institutions in China and England before the Industrial Revolution (3) Core Institutions and the First Industrial Revolution (4) The Chinese and Japanese States in the Nineteenth Century (5) Externally-Induced Industrial Developments in Qing China and Meiji Japan (6) The Chinese Miracle: Economic Growth in Contemporary China (7) Prospects of the Chinese Economic Development
Li Tan is a retired economist and former senior research analyst at a large financial company in New York. Holding a Ph.D. in economics, she has also worked at economic forecasting firms, and taught economics at universities in the USA.