Xueyi, Zheng; Yaguang, Zhang; Whalley, John - In: China Economic Review 26 (2013) C, pp. 89-104
economics of Imperial China witnessed boom and bust, inflation and deflation and monetary control, similar to what was later …In this paper, we discuss monetary thought in ancient China from the perspective of Western monetary theory. We set out … the structure of economic activity in the various dynasties of ancient China and emphasize the differences in monetary …