New Perspectives On Chinese Economic History

In order to understand China's current economic miracle, it is essential to thoroughly study the true picture of China's economy before the arrival of the West in the mid-19th century. This volume collects the internationally influential Chinese economic historian Prof. Li Bozhong’s influential academic work written in English over several decades, focusing on how to abandon the previously prevailing Western-centric historical viewpoint and recognize the changes in China's economic history during the Ming and Qing dynasties from a new perspective. The selected papers are divided into two main categories: macro-level presentations and reports delivered at major international historical events, and specialized research on economic history, with a particular focus on the economic history of the Jiangnan region during the Ming and Qing Dynasties and comparative economic history between China and the West. The book aims to promote international exchanges in the field of Chinese economic history and expand the international vision of the younger generation of economic historians in our country. These papers, published in various journals and occasions, generated a positive academic response abroad. Upon compilation and publication, this volume will further promote international exchanges in Chinese economic history and enhance the international vision of young economists. Prof. Li Bozheng, born in Kunming, Yunnan Province in 1949, graduated from Xiamen University. He is among the first batch of master's and doctoral degree recipients in history following the restoration of the degree system in new China, and also a postdoctoral researcher at the University of Michigan in the United States. Currently, he serves as a Humanities Chair Professor at Peking University. In 1998, Prof. Li Bozheng joined Tsinghua University, and founded the Tsinghua University Center for Chinese Economic History. He has held various roles, including consultant, director of the History Department, and director of the Institute of Intellectual and Cultural Studies. In 2009, he joined the Tsinghua University Academy of Sinology. Throughout his career, Prof. Li Bozheng has been a guest professor at numerous universities, including the French School of Advanced Studies in Social Sciences, the London School of Economics and Political Science (Department of Economic History), Keio University (Faculty of Economics), Harvard University (Department of East Asian Civilizations and Languages), the University of Michigan (History Department), the California Institute of Technology (Division of Humanities and Social Sciences), and the University of California (History Department). A long-term devotee to the study of Chinese economic history, he has published over ten monographs and ninety academic papers in both Chinese and English, making significant contributions to the field.

This volume marks a turning point in the study of Chinese economic history. It arose from a realization that the economic history of China—as opposed to the history of the Chinese economy—had yet to be written. Most histories of the Chinese economy, whether by Western or Chinese scholars, tend to view the economy in institutional or social terms. In contrast, the studies in this volume break new ground by systematically applying economic theory and methods to the study of China. While demonstrating to historians the advantages of an economic perspective, the contributors, comprising both historians and economists, offer important new insights concerning issues of long-standing interest to both disciplines. Part One, on price behavior, presents for the first time preliminary analyses of the incomparably rich and important grain price data from the imperial archives in Beijing and Taibei during the Qing Dynasty (1644–1911). These studies reveal long-term trends in the Chinese economy since the seventeenth century and contain surprising discoveries about market integration, the agricultural economy, and demographic behavior in different regions of China. The essays in Part Two, on market response, deal with different aspects of the economy of Republican China (1912–49), showing that markets for land, labor, and capital sometimes functioned as predicted by models of economic "rationality" but at other times behaved in ways that can be explained only by combining economic analysis with knowledge of political, regional, class, and gender differences. Based on new types of data, they suggest novel interpretations of the Chinese economic experience. The resulting collection is interdisciplinary scholarship of a high order, which weaves together the analytic framework provided by economic theory and the rich texture of social phenomena gathered by accomplished historians. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.

'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.

Since the Cultural Revolution, data have been uncovered to illuminate that tumultuous decade. In this volume 13 scholars examine the gap between the ideology of the Revolution and the harsh and contradictory reality of its outcome. They focus particularly on the violence, coercion, and constant tension between the need for centralization to enforce policies and the need for decentralizing decision-making if those goals were to be achieved.

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

From 1949 to 1978, communist elites held clashing visions of China’s economic development. Mao Zedong advocated the “first way” of semi-autarchy characteristic of revolutionary Stalinism (1929–34), while Zhou Enlai adapted bureaucratic Stalinism (1934–53) to promote the “second way” of import substitution industrialization. A Third Way tells the story of Deng Xiaoping’s experimentation with export-led development inspired by Lenin’s New Economic Policy and the economic reforms of Eastern Europe and Asia. Having uncovered an extraordinary collection of internal party and government documents, Lawrence Reardon meticulously traces the evolution of the coastal development strategy, starting with special economic zones in 1979 and evolving into the fourteen open coastal cities, the Hainan SEZ, and eventual accession to the global trade regime in 2001. Reardon details how Deng and Zhao Ziyang tackled large-scale smuggling operations, compromised with Chen Yun’s conservative views, and overcame Deng Liqun’s ideological opposition. Although Zhao Ziyang was airbrushed out of official Chinese history after June 4, 1989, Reardon argues that Zhao was the true architect of China’s opening strategy. A Third Way provides important new insights about the crucial period of the 1980s and how it paved the way for China’s transformation into a global economic superpower.

“This work provides a theoretically sophisticated analysis of major political, social, economic, and cultural trends in China.” —Roger des Forges, author of Chinese Walls in Time and Space The People’s Republic of China has experienced significant transformations since Deng Xiaoping instituted economic reforms in 1978. Subsequent leaders continued and often broadened Deng’s policies, shifting the nation from agrarianism to industrialism, from isolation to internationalism, and from centralized planning to market-based economics. As the world strives to understand the nation’s rapid development, few observers have comprehensively examined the social and cultural price of the economic boom for the majority of the Chinese people. Zhaohui Hong assesses the sociocultural consequences of these reforms in this provocative study. He contends that modern China functions as an oligarchy or plutocracy ruled by an alliance of political power and private capital where the boundaries between the private and public sectors are constantly shifting. This “power-capital institution” based on three millennia of Confucian ideology and decades of Maoist communism exercises monopolistic control of public resources at the expense of civil society and social justice for the majority of citizens. The Price of China’s Economic Development urges policymakers to alter their analytic lens. While industrial and commercial development is quantitatively measured, Hong argues that social progress should be assessed qualitatively, with justice its ultimate goal and fair allocation of resources and opportunity as the main index of success. This sophisticated analysis introduces English speakers to the varied and significant work of contemporary Chinese scholars and substantially enriches the international dialogue. “Presents a new perspective on China’s economic growth and ongoing political problems.” —Xiaobing Li, author of China’s War in Korea