The Chinese Market Economy, 1000–1500

The Chinese Market Economy, 1000–1500

Documents the rise and fall of a market economy in China from 1000â€“1500.

Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the worldâ€™s largest market economy, a position traditional China held a millennium ago. William Guanglin Liuâ€™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. Liuâ€™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. .
Country USA
Brand State University of New York Press
Manufacturer State University of New York Press
Binding Paperback
ItemPartNumber Refer to Sapnet.
UnitCount 1
EANs 9781438455686
ReleaseDate 2016-07-02

Country	USA
Brand	State University of New York Press
Manufacturer	State University of New York Press
Binding	Paperback
ItemPartNumber	Refer to Sapnet.
UnitCount	1
EANs	9781438455686
ReleaseDate	2016-07-02

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