An Early Modern Economy in China: The Yangzi Delta in the 1820s

ISBN-13: 9781108479202 / Angielski / Twarda / 2021 / 360 str.

Beijing) Bozhong Li (Peking University

Opis

The first English translation of Li Bozhong's pioneering study An Early Modern Economy in China uses sophisticated analysis to reconstruct the GDP of the Yangzi Delta. In this innovative economic history, Li provides a basis for understanding the Delta's economy, an area of unprecedented growth in modern times. Using quantitative research Li carefully reconstructs the economies of the region, combining three methods for estimating GDP: output, income, and expenditure. The result reveals the structure and level of income and production in this highly commercialized and urbanized part of China, establishing a benchmark for future reconstructions of regional economies through GDP. This is a landmark text in the field of economic history which has had a great impact on understanding Chinese economic history in global perspective.

Recenzje

'This is a monumental book in Chinese economic history. It is the first in-depth study of GDP in Jiangnan (the Yangzi Delta), which has been the most prosperous region in China for millennium, before the coming of the West. Readers of the book should thank the author for combing through thousands of historical documents and modern investigations to fill a gap in the study of Chinese economic history. The present is a continuity of the past. The book is must read in Chinese history. It helps the readers understand how China's miraculous growth after Deng Xiaoping's Reform and Opening up in 1978 is possible.' Justin Yifu Lin, Dean, Institute for New Structural Economics Peking University; former Chief Economist of the World Bank

Spis treści

Part I. Introduction: 1. Themes, methods, sources; 2. Huating-Lou in the 1820s; Part II. Industries: 3. Agriculture; 4. Industry; 5. Services; Part III. Added Values: 6. Agriculture; 7. Industry; 8. Services; Part IV. Employment, Income and Consumption: 9. Employment; 10. Income; 11. Consumption; Part V. Conclusion: 12. The GDP and HDI of Huating-Lou in 1823–1829; 13. The Huating-Lou economy of 1823–29 in comparative perspective; Appendices.