The Rise and Fall of a Public Debt Market in 16th-Century China

2015-11-16 History

Author : Wing-kin Puk
Release : 2015-11-16
Genre : History
Kind : eBook
Book Rating : 404/5 ( reviews)

GET EBOOK

Book Synopsis The Rise and Fall of a Public Debt Market in 16th-Century China by : Wing-kin Puk

Download or read book The Rise and Fall of a Public Debt Market in 16th-Century China written by Wing-kin Puk. This book was released on 2015-11-16. Available in PDF, EPUB and Kindle. Book excerpt: During the Ming dynasty (1368-1644), the government invited merchants to deliver grain in return for salt certificates with which merchants drew salt as reward. The salt certificate therefore represented a national debt, denominated in salt, the government thereby owed merchants. A speculative market of salt certificates was created in Yangzhou and brought into being powerful financiers in the early 17th century. The government, financially hard pressed, abolished the speculative market of salt certificates by franchising these financiers in return for their hereditary obligation to pay salt certificate surcharge. China was therefore deprived of a possibility to develop a public debt market. This story is a testimony to Fernand Braudel’s argument of the "nondevelopment" of Capitalism in China.

What’s Left of Marxism

2020-09-21 History

Author : Benjamin Zachariah
Release : 2020-09-21
Genre : History
Kind : eBook
Book Rating : 792/5 ( reviews)

GET EBOOK

Book Synopsis What’s Left of Marxism by : Benjamin Zachariah

Download or read book What’s Left of Marxism written by Benjamin Zachariah. This book was released on 2020-09-21. Available in PDF, EPUB and Kindle. Book excerpt: This series seeks to focus on the politics inherent in historical thinking, professional and non-professional, promoted by states, political organisations, 'nationalities' or interest groups, and to explore the links between political (re-)education, historiography and mobilisation or identity formation.

Demystifying China’s Stock Market

2019-09-13 Business & Economics

Author : Eric Girardin
Release : 2019-09-13
Genre : Business & Economics
Kind : eBook
Book Rating : 23X/5 ( reviews)

GET EBOOK

Book Synopsis Demystifying China’s Stock Market by : Eric Girardin

Download or read book Demystifying China’s Stock Market written by Eric Girardin. This book was released on 2019-09-13. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream research has rationalized China’s stock market on the basis of paradigms such as the institutional approach, the efficient market hypothesis, and corporate valuation principles. The deviations from such paradigms have been analyzed as puzzles of China’s stock market. Girardin and Liu explore to what extent, in the perspective of Chinese cultural and historical characteristics, far from being puzzles, these 'deviations’ are rather the symptoms of a consistent strategy for the design, development and regulation of a government-dominated financial system. This book will help investors, observers and researchers understand the hidden logic of the design and functioning of China’s modern stock market, taking a political economy view.

Elusive Capital

2022-06-09 Business & Economics

Author : Gipouloux, François
Release : 2022-06-09
Genre : Business & Economics
Kind : eBook
Book Rating : 909/5 ( reviews)

GET EBOOK

Book Synopsis Elusive Capital by : Gipouloux, François

Download or read book Elusive Capital written by Gipouloux, François. This book was released on 2022-06-09. Available in PDF, EPUB and Kindle. Book excerpt: Offering a fresh analysis of late imperial China, this cutting-edge book revisits the roles played by merchant networks, economic institutions, and business practices in the divergence between Europe and China during the trade revolution.

Merchant Cultures

2022-01-31 History

Author :
Release : 2022-01-31
Genre : History
Kind : eBook
Book Rating : 578/5 ( reviews)

GET EBOOK

Book Synopsis Merchant Cultures by :

Download or read book Merchant Cultures written by . This book was released on 2022-01-31. Available in PDF, EPUB and Kindle. Book excerpt: The way merchants trade, think about business and represent commerce in art forms define merchant culture. The world between 1500 and 1800 encompassed different merchant cultures that stood alone and in contact with others. Culture, power relations and institutions framed similarities and differences and outlined the global outcome of these exchanges.

Popular eBooks

The Rise and Fall of a Public Debt Market in 16th-Century China

What’s Left of Marxism

Demystifying China’s Stock Market

Elusive Capital

Merchant Cultures

You may also like...