Book ID: CBB791835954

The Chinese Market Economy, 1000-1500 (1825)

unapi

Liu, Guanglin William (Author)


State University of New York Press


Publication Date: 1825
Physical Details: 394 pp
Language: English

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.

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Reviewed By

Review Yongguang Hu (2016) Review of "The Chinese Market Economy, 1000-1500". Agricultural History (pp. 260-261). unapi

Citation URI
https://data.isiscb.org/isis/citation/CBB791835954/

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Authors & Contributors
de Pee, Christian
Miller, Ian Matthew
Kin Sum Li
Yang, Yuda
Wood, Donald C.
Russell, Peter A.
Concepts
Agriculture
Farmers
Economics
East Asia, civilization and culture
Farms
Economic botany; plant cultivation; horticulture
Time Periods
Song Dynasty (China, 960-1279)
Ming dynasty (China, 1368-1644)
Qing dynasty (China, 1644-1912)
Yuan Dynasty (China, ca. 1260-1368)
19th century
Medieval
Places
China
Japan
Europe
Québec (Canada)
United States
France
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