Paths toward the Modern Fiscal State : England, Japan, and China / Wenkai He.
He, Wenkai, author.
2013
HJ235 .H43 2013eb
Available Online

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Title Paths toward the Modern Fiscal State : England, Japan, and China / Wenkai He.
Author He, Wenkai, author.
ISBN 9780674074637
DOI https://doi.org/10.4159/harvard.9780674074637
Published Cambridge, MA : Harvard University Press, [2013]
Copyright ©2013
Language English
Language Note In English.
Description 1 online resource (325 p.) : 1 line illustration, 7 graphs, 1 table
Other Standard Identifiers 10.4159/harvard.9780674074637 doi
Call Number HJ235 .H43 2013eb
Dewey Decimal Classification 336.09
Summary The rise of modern public finance revolutionized political economy. As governments learned to invest tax revenue in the long-term financial resources of the market, they vastly increased their administrative power and gained the ability to use fiscal, monetary, and financial policy to manage their economies. But why did the modern fiscal state emerge in some places and not in others? In approaching this question, Wenkai He compares the paths of three different nations-England, Japan, and China-to discover why some governments developed the tools and institutions of modern public finance, while others, facing similar circumstances, failed to do so. Focusing on three key periods of institutional development-the decades after the English Civil Wars, the Meiji Restoration, and the Taiping Rebellion-He demonstrates how each event precipitated a collapse of the existing institutions of public finance. Facing urgent calls for revenue, each government searched for new ways to make up the shortfall. These experiments took varied forms, from new methods of taxation to new credit arrangements. Yet, while England and Japan learned from their successes and failures how to deploy the tools of modern public finance and equipped themselves to become world powers, China did not. He's comparative historical analysis isolates the nature of the credit crisis confronting each state as the crucial factor in determining its specific trajectory. This perceptive and persuasive explanation for China's failure at a critical moment in its history illuminates one of the most important but least understood transformations of the modern world.
Access Note Access limited to authorized users.
System Details Note Mode of access: Internet via World Wide Web.
Digital File Characteristics text file PDF
Source of Description Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
In Asian Studies Backlist (2000-2014) eBook Package
E-BOOK GESAMTPAKET / COMPLETE PACKAGE 2013
E-BOOK PACKAGE HISTORY, POLITICAL SCIENCE, SOCIOLOGY 2013
E-BOOK PAKET GESCHICHTE, POLITIKWISS., SOZIOLOGIE 2013
HUP eBook-Package Backlist 2000-2013 (Canada)
Harvard University Press eBook Package Backlist 2000-2013
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Frontmatter
CONTENTS
ACKNOWLEDGMENTS
INTRODUCTION
1. CREDIT CRISES IN THE RISE OF THE MODERN FISCAL STATE
2. ENGLAND'S PATH, 1642-1752
3. THE RAPID CENTRALIZATION OF PUBLIC FINANCE IN JAPAN, 1868-1880
4. THE EMERGENCE OF THE MODERN FISCAL STATE IN JAPAN, 1880-1895
5. ECONOMIC DISRUPTION AND THE FAILURE OF PAPER MONEY IN CHINA, 1851-1864
6. THE PERSISTENCE OF FISCAL DE CENTRALIZAION IN CHINA, 1864-1911
CONCLUSION
NOTES
BIBLIOGRAPHY
INDEX

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