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Paths toward the Modern Fiscal State

2013-03-01 Business & Economics
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Release : 2013-03-01
Genre : Business & Economics
Kind : eBook
Book Rating : 637/5 ( reviews)

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Book Synopsis Paths toward the Modern Fiscal State by : Wenkai He

Download or read book Paths toward the Modern Fiscal State written by Wenkai He. This book was released on 2013-03-01. Available in PDF, EPUB and Kindle. Book excerpt: Wenkai He shows why England and Japan, facing crises in public finance, developed the tools and institutions of a modern fiscal state, while China, facing similar circumstances, did not. He’s explanation for China’s failure at a critical moment illuminates one of the most important but least understood transformations of the modern world.

Paths Toward the Modern Fiscal State

2007
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Release : 2007
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Book Synopsis Paths Toward the Modern Fiscal State by : Wenkai He

Download or read book Paths Toward the Modern Fiscal State written by Wenkai He. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) As a problem that had to be solved, they forced experimentation, "selected" effective institutional arrangements and competent financial officials, and facilitated a continuous learning and accumulation of effective elements in a process full of uncertainties. Socio-economic conditions, such as the size of consumption and the degree of concentration of production, were important to sustain this process in which various elements came to form a mutually reinforcing system. The lack of such an interactive process is used to explain the absence of a modem fiscal state in China. This institutional model reconciles the uncertainties and multiplicity of possible outcomes in the early stages of the process and the eventual observed outcome. This dissertation contributes to the study of institutional dynamics, which aims to understand how specific institutions emerge and consolidate.

The Rise of Fiscal States

2012-05-24 Business & Economics
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Release : 2012-05-24
Genre : Business & Economics
Kind : eBook
Book Rating : 518/5 ( reviews)

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Book Synopsis The Rise of Fiscal States by : Bartolomé Yun-Casalilla

Download or read book The Rise of Fiscal States written by Bartolomé Yun-Casalilla. This book was released on 2012-05-24. Available in PDF, EPUB and Kindle. Book excerpt: Leading economic historians present a groundbreaking series of country case studies exploring the formation of fiscal states in Eurasia.

Averting a Great Divergence

2019-08-08 Business & Economics
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Release : 2019-08-08
Genre : Business & Economics
Kind : eBook
Book Rating : 69X/5 ( reviews)

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Book Synopsis Averting a Great Divergence by : Peer Vries

Download or read book Averting a Great Divergence written by Peer Vries. This book was released on 2019-08-08. Available in PDF, EPUB and Kindle. Book excerpt: The most significant debate in global economic history over the past twenty years has dealt with the Great Divergence, the economic gap between different parts of the world. Thus far, this debate has focused on China, India and north-western Europe, particularly Great Britain. This book shifts the focus to ask how Japan became the only non-western county that managed, at least partially, to modernize its economy and start to industrialize in the 19th century. Using a range of empirical data, Peer Vries analyses the role of the state in Japan's economic growth from the Meiji Restoration to World War II, and asks whether Japan's economic success can be attributed to the rise of state power. Asserting that the state's involvement was fundamental in Japan's economic 'catching up', he demonstrates how this was built on legacies from the previous Tokugawa period. In this book, Vries deepens our understanding of the Great Divergence in global history by re-examining how Japan developed and modernized against the odds.

No Great Wall

2020-05-11 History
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Release : 2020-05-11
Genre : History
Kind : eBook
Book Rating : 720/5 ( reviews)

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Book Synopsis No Great Wall by : Felix Boecking

Download or read book No Great Wall written by Felix Boecking. This book was released on 2020-05-11. Available in PDF, EPUB and Kindle. Book excerpt: "This book, an in-depth study of Nationalist tariff policy, fundamentally challenges the widely accepted idea that the key to the Communist seizure of power in China lay in the incompetence of Chiang Kai-shek’s Nationalist government. It argues instead that during the second Sino-Japanese War, China’s international trade, the Nationalist government’s tariff revenues, and hence its fiscal policy and state-making project all collapsed. Because tariffs on China’s international trade produced the single greatest share of central government revenue during the Nanjing decade, the political existence of the Nationalist government depended on tariff revenue. Therefore, Chinese economic nationalism, both at the official and popular levels, had to be managed carefully so as not to jeopardize the Nationalist government’s income. Until the outbreak of war in 1937, the Nationalists’ management of international trade and China’s government finances was largely successful in terms of producing increasing and sustainable revenues. Within the first year of war, however, the Nationalists lost territories producing 80 percent of tariff revenue. Hence, government revenue declined just as war-related expenditure increased, and the Nationalist government had to resort to more rapacious forms of revenue extraction—a decision that had disastrous consequences for both its finances and its political viability."

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