China during the Great Depression: Market, State, and the World Economy, 1929-1937 (Harvard East Asian Monographs) |
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You Are Here: Home > History Books > China History > Item 286
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China during the Great Depression: Market, State, and the World Economy, 1929-1937 (Harvard East Asian Monographs)
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by Tomoko Shiroyama
Sales Rank: 1397749

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$32.50
At Amazon on 6-17-2008.

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Features
Cover Type: Hard Cover with 350 pages
Published by: Harvard University Asia Center March 1, 2008
Written in: English
ISBN 10 Number: 0674028317
ISBN 13 Number: 978-0674028319
Book Dimensions:
9.1 x 6.2 x 1.1 inches
Weighs: 1.4 pounds
Product Description
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 looks at the transformation of state-market relations in light of the linkages between the Chinese and the world economy.
About The Author
Tomoko Shiroyama is Associate Professor of Economic History in the Graduate School of Economics, Hitotsubashi University.
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China during the Great Depression: Market, State, and the World Economy, 1929-1937 (Harvard East Asian Monographs)
Available from Amazon
Price: $32.50
Updated on 6-17-2008.

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