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The Economic History of China - From Antiquity to the Nineteenth Century (Hardcover)
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The Economic History of China - From Antiquity to the Nineteenth Century (Hardcover)
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China's extraordinary rise as an economic powerhouse in the past
two decades poses a challenge to many long-held assumptions about
the relationship between political institutions and economic
development. Economic prosperity also was vitally important to the
longevity of the Chinese Empire throughout the preindustrial era.
Before the eighteenth century, China's economy shared some of the
features, such as highly productive agriculture and sophisticated
markets, found in the most advanced regions of Europe. But in many
respects, from the central importance of irrigated rice farming to
family structure, property rights, the status of merchants, the
monetary system, and the imperial state's fiscal and economic
policies, China's preindustrial economy diverged from the Western
path of development. In this comprehensive but accessible study,
Richard von Glahn examines the institutional foundations,
continuities and discontinuities in China's economic development
over three millennia, from the Bronze Age to the early twentieth
century.
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