Covering the time span from the Shang to the Qing Periods (1520BC - 1911AD), Gang Deng examines important factors in the decline of the Chinese economy from medieval sophistication to modern underdevelopment. These factors include: * resource endowments * socio-economic structure * property rights * state and bureaucracy * ideology and values * geo-political environment * internal rebellions * external invasions and conquests The Premodern Chinese Economy is a comprehensive analysis of China's economic history and provides essential background to the study of this country's modern struggle for growth and development. Deng's emphasis on comparative analysis offers new insights into the concept of underdevelopment and theories of transitional economics. This will become a major reference work in the fields of Chinese studies, economic history and development studies.

Until 500 years ago China's technology was the most advanced in Eurasia and as recently as 200 years ago its standards of living surpassed those of most other civilizations. However, the economies of the West and smaller developing countries then overtook the Chinese economy. China had reached its developmental limits and deadlock set in. Covering the time span from the Shang to the Qing Periods (1520BC - 1911AD), Gang Deng examines important factors in the decline of the Chinese economy from medieval sophistication to modern underdevelopment. These factors include: resource endowments; socio-economic structure; property rights; state and bureaucracy; ideology and values; geo-political environment; internal rebellions; external invasions and conquests. This is a comprehensive analysis of China's economic history and provides background to the study of this country's modern struggle for growth and development. Deng's emphasis on comparative analysis offers insights into the concept of underdevelopment and theories of transitional economics. This should become a major reference work in the fields of Chinese studies, economic history and development studies.

China's long-term maritime history has been overlooked by the scholarly community, so much so that there is a misconception that the Chinese were sea- or ocean-phobic. This image has been promoted rather deliberately because a sailing-aversive China would fit in well with the non-capitalist development framework. This study shows that from 2100 B.C. to A.D. 1900, the Chinese were as enthusiastic about and capable of seagoing activities as other peoples. Evidence shows that economic interests provided Chinese sailing-related activities with a lasting impetus, and the private sector played a central role. However, maritime activities in China raise at least two paradoxes: the activities were incompatible with the agrarian dominance in the Chinese premodern economy, and there was a huge gap between China's maritime potential and maritime growth. This situation was symptomatic of both positive and negative effects of technical and economic aspects of premodern China. Technologically, limited maritime growth resulted from climatic and hydrographic conditions favorable to agriculture. Economically, it resulted from low Chinese participation in maritime activities because of safe returns from the agricultural sector. This book provides readers with a long-term analysis of Chinese maritime activities and their economic consequences in industries, infrastructure, trade, migration, and government policies. It shows a new insight into the causes for sterility of capitalist industrialization in premodern China.

Challenging the stereotype of premodern China as an agricultural nation, this book examines the development of the maritime sector, maritime institutions, and sea power in the premodern era. Initially discussing topics related to China's exports, such as ship design and construction, goods produced solely for export, capital accumulation and investment in the maritime sector, and trade networking, the volume goes on to consider the impact of maritime institutions, governmental trade and non-trade policies, and Confucian attitudes toward maritime activities.

Finally, the book shows how China obtained technological, economic, and naval supremacy in Asian waters until the 18th century and goes on to discuss the reasons for the decline of the maritime sector in the 19th century.

China's loss of economic, technical, and cultural supremacy after the Song Dynasty (A.D. 960-1279) has produced one of the greatest enigmas of world history. Why did China fail to undergo an industrial revolution? Explanations relate to deficiencies of Chinese cultural values, social structure, class system, bureaucracy, and technology. This volume examines the subject of technological development, particularly agricultural development, in order to evaluate whether China suffered all-round technological stagnation. Using the example of the nongshu, or agricultural book, the author also examines the role of Chinese values, social structure, class structure, and bureaucracy in the accumulation, preservation, diffusion, promotion, and recovery of knowledge. Nongshu formed an organic part of Chinese agriculture and thus of Chinese economic history. Thus examination of the nongshu phenomenon leads to new insights into the sociopolitical structure and long-term economic development of pre-modern China. The examination also shows that Chinese technology in agriculture, the leading sector of the economy, did not completely stagnate.