1. Introduction / Ying Ma and Hans-Michael Trautwein -- 2. Physiocracy and the Chinese model / Stefan Gaarsmand Jacobsen -- 3. The reception of Adam Smith in East Asia / Qunyi Liu -- 4. Commodities, natural resources, and growth / Mauro Boianovsky -- 5. Yan Fu, individualism, and social order /...

This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important...

The origins of “capital fundamentalism” – the notion that physical capital accumulation is the primary determinant of economic growth – have been often ascribed to Harrod's and Domar's proposition that the rate of growth is the product of the saving rate and of the output-capital ratio....