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Commercialization and Agricultural Development: Central and Eastern China, 1870-1937

Commercialization and Agricultural Development: Central and Eastern China, 1870-1937 by Loren Brandt 052102286X 9780521022866
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Commercialization has been determined to be the source of increasing agricultural productivity and of higher rural incomes. This book reinterprets the impact of accelerated commercialization of Chinese agriculture in the late nineteenth and early twentieth centuries on the growth of the rural economy of Central and Eastern China. The author demonstrates that the prices of domestic agricultural products rose as Chinas agricultural markets became integrated with the international economy. These higher prices, in combination with increasing domestic demand and fueled by the growth of the urban sector, provided the incentive for increased rural household production that led to increased specialization in rural production. He estimates that between the 1890s and the 1930s, agricultural output rose at an annual rate roughly twice that of estimated population growth. While redressing the historical assessments of the pre-1949 economy, this book offers rich perspective on the enormous costs that enforced self-sufficiency and the restrictive commercial policies of the Peoples Republic inflicted on the rural sector between the 1950s and the late 1970s.

Commercialization and Agricultural Development: Central and Eastern China, 1870-1937

Author: Loren Brandt

Language: English

Binding: Paperback

Pages: 248

Publisher: Cambridge University Press

Publication Date: 2005-11-17


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