State transformation, reforms and economic performance in China, 1840–1910
Deng, K.
(2003).
State transformation, reforms and economic performance in China, 1840–1910.
In
Teichova, A. & Matis, H.
(Eds.),
Nation, State and the Economy in History
(pp. 308-331).
Cambridge University Press.
(2003).
State transformation, reforms and economic performance in China, 1840–1910.
In
Teichova, A. & Matis, H.
(Eds.),
Nation, State and the Economy in History
(pp. 308-331).
Cambridge University Press.
The period immediately after the Opium War (1840–42) marked the first stage of state transformation and economic reforms in modern China. During this period, the age-old socio-political and socio-economic structures and equilibria ended and new structures gradually took shape. Despite political hiccups, including the erosion of China’s sovereignty, the market worked its own way out and modern growth began.