China and the first impact of the industrial revolution: initial conditions and a falling-behind trajectory until 1949

Autor: Eduardo da Motta e Albuquerque, Hugo E. A. da Gama Cerqueira
Rok vydání: 2020
Předmět:
Zdroj: Nova Economia. 30:1169-1198
ISSN: 1980-5381
0103-6351
Popis: This paper discusses the specificity of the initial impact of the British Industrial Revolution on China´s economy. This approach is important to a better understanding of the nature of the beginnings of capitalism in that country, a process which was both intentionally and unintentionally influenced by the contacts between UK and China. These early conditions contributed towards defining the subsequent course of the Chinese economy, leading to a low-growth trap experienced between about 1870 and 1950.
Databáze: OpenAIRE