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Commercialization and Agricultural Development

Central and Eastern China, 1870–1937

Loren Brandt author

Format:Paperback

Publisher:Cambridge University Press

Published:17th Nov '05

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Commercialization and Agricultural Development cover

This book provides an assessment of China's recent reform of the foreign trade system and discusses the benefits of such reform.

Drawing on material previously available only in Chinese, this book provides an assessment of China's recent reform of the foreign trade system and discusses the benefits of such reform in terms of higher growth for its economy.Drawing on material previously available only in Chinese, this book provides an assessment of China's recent reform of the foreign trade system and discusses the benefits of such reform in terms of higher growth for its economy. The result suggests that the benefits from foreign trade reforms have been reduced by the lack of responsiveness among China's businesses to changes in domestic and foreign market conditions, and by the tendency for foreign trade to aggravate the inflation problem.

"The research is well documented, incorporating new data as well as providing a reinterpretation of more traditional sources used in earlier studies. Brandt's interpretation differs radically from the prevailing views despite considerable overlap in data sources....While Brandt's book is well documented, it is his interpretation of these data that wil stimulate debate. Brandt's arguments, reflecting some new trends in rural economic development theory, and a meticulous use of available sources, constitute a genuine contribution to Chinese economic history." Gregory Veeck, Journal of Asian and African Studies
"Brandt's methodologically sophisticated interpretation therefore is an important addition to the debates in Chinese agrarian history and shows the power as well as the limitations of the econometric approach." Robert Y. Eng, American Historical Review

ISBN: 9780521022866

Dimensions: 234mm x 156mm x 15mm

Weight: 384g

248 pages