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By Thomas G. Rawski, Lillian M. Li

The essays assembled right here symbolize a turning aspect within the learn of chinese language financial heritage. earlier paintings has emphasised the institutional and social bases of financial swap. those experiences holiday new flooring, bringing Western financial idea to the learn of China's financial system because the 17th century.

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281–82; G. William Skinner, "Sichuan's Population in the Nineteenth Century: Lessons from Disaggregated Data," Late Imperial China 8, no. 1 (June 1987): 68–76. In the light of Perkins's and Skinner's evaluations, official population data for the early nineteenth century are in all probability exaggerated. [20] For the 1933 population, see Perkins, Agricultural Development , p. 16. i... 46 — — NOTE: Silver stocks for 1680 and 1880 are estimated by extrapolation. ments in China appear to be in line with what Lindert finds in the English case.

50] Rawski, Economic Growth , p. 163. [51] The ratios between the three components of money are quite close to Peng Xinwei's estimate for the last decades of the Qing period; see Peng Xinwei, Zhongguo huobishi , pp. 888–89. For the ratio of silver in circulation to its total stock, see Wang, Zhongguo jindai huobi , p. 57. ― 67 ― nineteenth century on. Many local products, such as soybeans, straw mats, tung oil, and bristles, found their way into the world market. The introduction of steamships and railroads lowered the cost of transportation and also contributed greatly to market expansion.

Perkins, the size of China's population before the 1953 census is still a matter of much debate. [17] Mass uprisings and unprecedented droughts hit the greater part of the country in [15] Peter H. Lindert, "English Population, Wages, and Prices, 1541–1913," Journal of Interdisciplinary History 15, no. 4 (Spring 1985): 609–34. , 1959), p. 264. [17] Shu-yuen Yim, "Famine Relief Statistics as a Guide to the Population of Sixteenth-Century China: A Case Study of Honan Province," Ch'ing-shih Wen-t'i 3, no.

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