The Chinese market economy, 1000-1500

Research output: Scholarly Books | Reports | Literary WorksBook (Author)Research

Abstract

Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world’s largest market economy, a position traditional China held a millennium ago. William Guanglin Liu’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. Liu’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.
Original languageEnglish
Place of PublicationAlbany
PublisherState University of New York Press
Number of pages374
ISBN (Print)9781438455679
Publication statusPublished - 2015
Externally publishedYes

Fingerprint

China
Chinese market
Market economy
Command economy
Radical change
Standard of living
Chinese economy
Economic liberalization
Quantitative methods

Cite this

LIU, W. G. (2015). The Chinese market economy, 1000-1500. Albany: State University of New York Press.
LIU, William Guanglin. / The Chinese market economy, 1000-1500. Albany : State University of New York Press, 2015. 374 p.
@book{dea30dcfea8e4daabb501309bb1e4c55,
title = "The Chinese market economy, 1000-1500",
abstract = "Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world’s largest market economy, a position traditional China held a millennium ago. William Guanglin Liu’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. Liu’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.",
author = "LIU, {William Guanglin}",
year = "2015",
language = "English",
isbn = "9781438455679",
publisher = "State University of New York Press",

}

LIU, WG 2015, The Chinese market economy, 1000-1500. State University of New York Press, Albany.

The Chinese market economy, 1000-1500. / LIU, William Guanglin.

Albany : State University of New York Press, 2015. 374 p.

Research output: Scholarly Books | Reports | Literary WorksBook (Author)Research

TY - BOOK

T1 - The Chinese market economy, 1000-1500

AU - LIU, William Guanglin

PY - 2015

Y1 - 2015

N2 - Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world’s largest market economy, a position traditional China held a millennium ago. William Guanglin Liu’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. Liu’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.

AB - Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world’s largest market economy, a position traditional China held a millennium ago. William Guanglin Liu’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. Liu’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.

UR - https://www.sunypress.edu/p-6034-the-chinese-market-economy-1000.aspx

UR - http://commons.ln.edu.hk/sw_master/5161

M3 - Book (Author)

SN - 9781438455679

BT - The Chinese market economy, 1000-1500

PB - State University of New York Press

CY - Albany

ER -

LIU WG. The Chinese market economy, 1000-1500. Albany: State University of New York Press, 2015. 374 p.