Cover; Copyright; Contents; Acknowledgements; Introduction; PART I The Traditional Economy; 1. Population; 2. Agriculture; 3. Urbanization and traditional industry; 4. Trade; 5. Social structure; 6. Why China failed to industrialize; PART II Transition to Modern Economic Growth; 7. Growth of foreign trade and investment; 8. The rise of modern sectors and their impact; 9. Why Japan succeeded and China failed; PART III Modern Economic Growth under Socialism; 10. The Soviet model; 11. The Great Leap Forward; 12. The Great Famine; 13. The Cultural Revolution
14. Socialist modern economic growth: the outcomePART IV Reform and Growth Acceleration; 15. The reforms; 16. Towards a new growth strategy; 17. The rise of China; 18. China's modern economic growth: retrospect and prospect; Appendix; References; Index
Summary
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. Ke
