This book takes a long-term perspective to examine the evolution of Chinese governance and its lasting impact on Chinese economic development. Through its broad exploration of the style, strength, and effectiveness of Chinese governance through the years, it touches on a universal relationship...

The book explores the implications of both the extension of the market into key parts of the Chinese economy and the integration of China into the global economy. The main focus of the book is on the role and nature of China's financial system and its ability to transform enterprise and...

Contents: 1. Introduction -- 2. Debate and comment about the needham puzzle over the past half-century -- 3. The behavior of the peasants and their households: the logical starting point for the study of the puzzle in Chinese economic history -- 4. The petty peasant economy and the formation of...