Institutions and Chinese Economic Development: A Comparative Historical Approach

Cover
Half Title
Series Information
Title Page
Copyright Page
Table of Contents
Preface
1 Introduction
	Interpreting the Chinese Miracle
	The Analytical Framework
		Theoretical Ground and Related Literature
		Focus On the Core Institutions
		Comparison of Institutional Paths
		Importance of International Settings
	Notes
	Bibliography
2 Core Institutions in China and England Before the Industrial Revolution
	Core Institutions as the Ultimate Cause of the Divergence
		England in the 18th Century
		China in the 18th Century
	The Evolution of the Core Institutions in Pre-1750 England
		Initial Setup and Early Developments
		Incentive Mechanism and Subsequent Developments
	The Evolution of the Core Institutions in Pre-1750 China
		Initial Setups and Early Developments
		Incentive Mechanism and Subsequent Developments
	Notes
	Bibliography
3 Core Institutions and the First Industrial Revolution
	The Industrial Revolution in Britain
		Expansion of the “Useful Knowledge”
		The Agents of the Industrial Revolution
		Patent Rights for Individuals
	Lack of Techno-Economic Breakthrough in Pre-1750 China
		A Narrow Knowledge Base
		The Missing “New Men”
		Upward Mobility Verses Legal Rights
	Notes
	Bibliography
4 The Chinese and Japanese States in the 19th Century
	The Role of the State for Latecomers’ Economic Catch-Up
		The State’s Additional Role in the New International Settings
		The Quality of the State
		Comparing the Chinese and Japanese States in the 19th Century
	The Chinese State Institutions and the Dynastic Cycles
		Lack of Autonomy
		True Autocracy and the Emperor’s Personal Rule
		The Incentive Mechanism Embedded in the State Institutions
		The Dynastic Cycles
	The Development of the Japanese State Institutions
		“Pseudo Autocracy” and Reliance On Written Rules
		Complete Autonomy
		The Incentive Mechanism Embedded in the State Institutions
	Notes
	Bibliography
5 Externally-Induced Industrial Developments in Qing China and Meiji Japan
	The Success of Industrialization in Meiji Japan
		A State With Developmental Capability
		Domestic Source for Capital Formation
		Central Coordination and Self-Reliance
		Government-business Relationship: Separable Entities
			The Role of State Enterprises
			Government Assistance for Private Companies
	The Failure of Industrialization in Late Qing China
		A State in Frailty
		Loss of Central Control Over Capital Supply
		Uncoordinated Programs and Foreign Dependency
		The Government–business Relationship: Fusion of Roles
			Personalized Channels for Sponsoring Modern Enterprises
			The Emergence of Official Entrepreneurs
	Institutional Changes in Meiji Japan and Late Qing China
		Meiji Japan: Moving Towards Pluralistic Institutions
		Late Qing China: Persistence of Absolutism
	Notes
	Bibliography
6 The Chinese Miracle: Economic Growth in Contemporary China
	Strong State Leadership for Economic Modernization
		A State in a Cyclical Upswing
		Central Coordination
		The Open-Door Policy
		State Enterprises and Local Governments as Major Players
	Improvements in Economic Liberty
		Re-establishment of Private Ownership
		Short Falls in Property-Rights Development
	Favorable External Conditions
		Two External Factors: Technologies and Globalization
		Meiji Japan, the Asian Tigers and Contemporary China
	Notes
	Bibliography
7 Prospects of the Chinese Economic Development
	The Differences in the State-Led Developments
	State Institutions at the Root of the Differences
		South Korea and Taiwan
		Contemporary China
		State Autonomy Matters
	Sustainable Growth in Doubt
	Institutional Changes and the Dynastic Cycles
		The Tenacity of the Chinese Core Institution
		Reforming the State Institutions
	Notes
	Bibliography
Index