The Quantitative Economic History Of China

"This book provides a comprehensive overview of the fruitful achievement of China's Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps."--

'This book is a remarkable tour de force. Joseph Chai offers a fine synthesis of thinking about the nature and origins of China's long-run economic growth and structural change. Through the meticulous use of an impressive range of sources, he explores some of the most challenging puzzles of China's economic history, such as its failure to match the modern industrial revolutions of Western Europe, or, closer to home, to rival Japan's economic transformation in the final decades of the nineteenth century. His definition of history is broad and his narrative extends down to the present day, thereby illuminating continuities and discontinuities across not only the historical divides of 1840 and 1911, but also those of 1949 and 1979. But despite its ambitious scope, Chai's analysis is authoritative, nuanced and full of detail. It will surely become necessary reading not only within the academic community of China scholars and students, but also among that even larger audience of readers seeking to understand the "rise of China".' Robert Ash, University of London, UK 'For most people interested in the contemporary Chinese economy, the story begins with Deng Xiaoping's policy of Opening and Reform in 1978. This is especially true of students from China, where modern history is still taught in a simple, politically determined framework. This situation urgently needs remedying and Joseph Chai's new book is a valuable step in this direction. Chai surveys China's economic growth from the earliest times to the present day explaining the key turning points and the intellectual puzzles that arise in this long evolution. This book will be of interest to the general reader and will be valuable as a textbook for students studying any aspect of China's current development and prospects.' Christopher Howe, University of London, UK 'Joseph Chai places the recent phase of China's spectacular economic growth in its historical context in his well-researched, interesting and accessible overview of the economic history of China. Because no similar up-to-date book is available in English, English readers will find this book particularly welcome. Valuable attributes of his exposition include analyses of various economic puzzles (for example, why did China, which was once the world's economic leader, falter, suffer economic retardation, fall behind Europe and begin its economic resurgence later than Japan?) and his thoughtful considerations of the prospects for China's future economic growth. This book is highly recommended.' Clem Tisdell, The University of Queensland, Australia As a country's current development is path dependent, the rise of China and its strategic implications can only be understood in a historical context. Hence, the key to understanding contemporary China is the understanding of its past. So far there has been an absence of a comprehensive text dealing with Chinese economic history in the English language. An Economic History of Modern China fills this important gap, focusing on modern Chinese economic growth and comprehensively surveying the patterns of China's growth experience over the past 200 years, from the Opium wars to the present day. Key events are traced back to their foundations in history to explain their impact on China's modern economic growth.

Utilising Marxian, Weberian, and institutionalist approaches, this book proposes a new theoretical framework for understanding the nature of Chinese economic history: the ‘imperial mode’ of China. The book aims to innovatively apply a cohesive historical materialist framework to the economic evolution of China, while at the same time offering micro-analysis of China’s institutions throughout its history. Taking a long-run perspective, from ancient China up until the present, the book aims to show how Chinese economic history can be viewed as a dynamic evolutionary process consisting of various stages. The first part of the book lays out the imperial mode as a mode of production based on China’s agricultural economy, with a structure consisting of a central authority, the bureaucratic system, and the peasantry. The second part then chronologically examines the different dynasties through this analytical lens and suggests ways in which China’s resistance to institutional changes in the early modern period has had long-lasting consequences for its economic development. The book goes on to show how the imperial mode is able to facilitate the agricultural economy, but did not foster the modern commercial and industrial economy. It integrates modern China into the long wave of economic history, showing how this imperial mode still exerts influence on China’s current path of development, as well as introducing a new way of understanding communist China from a historical perspective. This book will have interdisciplinary appeal for researchers and students of economic history, economic development, the history of China, economic sociology, and social history more broadly.

A comprehensive survey of Chinese economic history from 1800 to the present from an international team of leading experts.

The first comprehensive study of China's economic development across 3,000 years of history to be published in English.

As the first volume of a two-volume set on Chinese economic history, this book investigates Chinese economic development between 1912 and 1949 and unravels the overall level during that time. From the perspective of development economics, the two-volume set studies the economic history and development of China since 1912, with a focus on the quantitative analysis of economic activities. Comprised of two core parts, this first volume, centering on the period of the Republic of China, first describes the historical process and characteristics of the economy at different stages and then looks into the momentum and inner logic that underpin the economic development. The former part covers issues of agriculture, industry, population, and labour force, urbanization, price changes, people’s consumption and living standard, regional difference, etc. The latter part includes discussions on natural and human resources, capital formation and technological progress, the role of government and finance, international trade, and foreign capital. This title will be an interesting read for scholars and students working on Chinese economic history, the Chinese economy, and modern Chinese society.

This concise 1999 introduction focuses on China's transition to economic modernisation.

The study provides a major reassessment of the scale and scope of China’s resurgence over the past half century, employing quantitative measurement techniques which are standard practice in OECD countries, but which have not hitherto been available for China.