This website uses cookies to ensure you get the best experience on our website. Learn more

History And Economics Notes Chinese Economic History Since 1850 Notes

Week 6 Reading Growth, Institutions And Knowledge (Ma, 2004) Notes

Updated Week 6 Reading Growth, Institutions And Knowledge (Ma, 2004) Notes

Chinese Economic History Since 1850 Notes

Chinese Economic History Since 1850

Approximately 215 pages

These notes and other materials cover the EH207: The Making of an Economic Superpower: China since 1850.

"This course provides a survey of long-term economic change in China from the mid-nineteenth century to the present. It focuses on China's long path to becoming a major global economic power at the beginning of the new millennium. The course examines the importance of ideological and institutional change in bringing about economic transformations by surveying major historical turning points s...

The following is a more accessible plain text extract of the PDF sample above, taken from our Chinese Economic History Since 1850 Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:

Introduction

  • Ma explores the revisionist thesis of economic growth in China during the 18th and 19th centuries

  • “To understand the path of long-term economic growth or stagnation in China, we need to go beyond the study of resource endowments or technologies, to also incorporate an economic analysis of China’s traditional social and political institutions and their associated ideologies”

  • Debate is centred around the California school revisionist thesis on the 18th century Chinese economy

  • Rawski and Li’s Chinese History in Economic Perspective (1992) was the last economic history series

    • Since then, the history of China has vanished in economic studies on China

  • Understanding both institutions and history are important for understanding long-term economic growth in China

  • California school of thought: Pomeranz, James Lee, Bozhong Li, Bin Wong

Chinese Economy In the 18th and 19th Centuries: A Revisionist View

  • Needham puzzle: why given scientific and technological leadership up until the 14th century did the Scientific Revolution forget China?

  • 1970s (Elvin et al.): why given the unmatched superiority of Chinese technology and institutions in the Southern Song (1126-1278), industrial revolution did not take place in Chinese?

  • Bozhong Li, critically examines the ‘sprouts of capitalism’ literature

    • This literature assumed economic development in China should follow that of the European model as the universal standard

    • Li challenged the Song or Southern Song economic revolution that was argued by Elvin et al.

      • He argued their thesis was based on biased and selective evidence

      • Champ rice variety, argued by Elvin as being part of the Song economic revolution, appeared in the Song, but Li argues it was diffused during the Ming and Qing

    • There was a rise of dynamic, diverse and commercialized printing industry

      • Evidence of mass reading public in the Lower Yangzi

    • There was indisputable industrial progress between 1550-1850

      • Scale and technology of production

      • Organisation structure

      • Extent of the division of labour

  • Urbanisation did occur in China, but was different to the European model

    • Didn’t give rise to mega cities

    • Instead, formation of clusters of market towns

    • Geographic specialization

    • Indistinguishable boundaries between urban and rural

    • Blends of agricultural, commercial and industrial activities

      • Comparable to modern Cambridgeshire

  • Li’s evidence for the Lower Yangzi, countered the argument on the long-held Malthusian perception of Chinese demography

  • Widespread incidence of female infanticide, primitive contraception and abortions, birth-spacing to control marital fertilities, and adoptions

  • Revisionist view: Replaces the Song economic miracle thesis by an historical process with gradual and cumulative progress until the end of the 19th century

    • Economic expansion was distinctly different from the British or Western European model

    • Agricultural efficiency came from gains in using better fertilisers, rationalization of resource use, intensification cash-crop cultivation

    • In industry, technology and organization were geared toward the saving of scarce energy and resources

    • E.g. Smithian growth

      • Expansion in regional trade and geographic division of labour

      • Emphasized the expansion of trade and market

    • In contrast, British economic growth was based on the use of inanimate power

  • The level of development and the standard of living in China in the 18th century, at least in the advanced region of Lower Yangzi, were comparable to north-western Europe (Pomeranz)

  • Lower Yangzi was Boserupian (Ester Boserup)

    • Resource constraints were an optimistic stimulus to technical change and intensification

  • Song economic revolution / high level equilibrium trap thesis (Elvin)

    • Later called ‘involution theory’ (Huang)

    • Fundamentally Malthusian

      • Pessimistic view on resource constraints and over-population

      • Ignored factor-biased technological progress and factor substitution which partially prevent the fall in MPN

  • Japanese economic growth was again different to the West

    • Labour-using and...

Buy the full version of these notes or essay plans and more in our Chinese Economic History Since 1850 Notes.