China during the Great Depression : market, state, and the world economy, 1929-1937
著者
書誌事項
China during the Great Depression : market, state, and the world economy, 1929-1937
(Harvard East Asian monographs, 294)
Harvard University Press, 2009, c2008
- : pbk
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注記
Originally published: 2008
Includes bibliographical references and index
内容説明・目次
内容説明
The Great Depression was a global phenomenon: every economy linked to international financial and commodity markets suffered. The aim of this book is not merely to show that China could not escape the consequences of drastic declines in financial flows and trade but also to offer a new perspective for understanding modern Chinese history. The Great Depression was a watershed in modern China. China was the only country on the silver standard in an international monetary system dominated by the gold standard.
Fluctuations in international silver prices undermined China's monetary system and destabilized its economy. In response to severe deflation, the state shifted its position toward the market from laissez faire to committed intervention. Establishing a new monetary system, with a different foreign-exchange standard, required deliberate government management; ultimately the process of economic recovery and monetary change politicized the entire Chinese economy. By analyzing the impact of the slump and the process of recovery, this book examines the transformation of state-market relations in light of the linkages between the Chinese and the world economy.
目次
* Introduction Part I: The Years of Inflation and Laissez-Faire: Economic Trends prior to 1931 * The Silver Standard: China in the International Monetary System * The Coming of Industrialization: The Textile Industry in the Lower Yangzi Delta * Companies in Debt: The Capital Accumulation Problem Part II: The Depression Years, 1931-1937: The Transformation of Economics and Politics * The Agrarian Depression * Businesses in a Slump * The Shanghai Financial Crisis, 1934-1935 * Coping with the Crisis: The Currency Reform of November 1935 * Reaches and Limitations: Economic Policies and the Nationalist Government Reconsidered * Conclusion * Appendix: Estimates of China's International Balance of Payments * Notes * Bibliography * Character List * Index
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