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.
Safeguarding public interest was vital to early modern state legitimacy in Western Europe and East Asia. Wenkai He identifies similar patterns in state-society interactions surrounding public goods provision and explores how conflicts over public interest led to calls for fundamental political change and to modern representative politics.
This book investigates the population and labour management reforms implemented since the reform and opening up of China in the early 1980s, giving insights into the economic and social implications of these reforms and future prospects for population governance. The study examines three major components of China’s population management strategy in terms of its history and implementation: the household registration (Hukou) system, family planning policy, and the labour market system. Grounded in both qualitative and quantitative analysis, key metrics are introduced to better understand the Hukou system on the one hand while exploring the socio-economic issues arising from the policy, including the economic behaviour or residents, fertility, care of older people, entrepreneurship, institutional premiums and gender wage differentials. Based on these investigations, the author advances constructive suggestions to inform policymaking, aiming to deepen market-oriented reform of the economic system and improve social welfare in China. The title will be a good reference for academics, students and policy makers interested in social policy, labour economics and especially China’s population and labour policy and Chinese economy and society.
The title investigates rural labor mobility in China since 2003, an important phenomenon in the process of Chinese economic transition, influential in economic growth at the macro level and individual wellbeing at the micro level. Based on empirical analysis, the study identifies and evaluates the characteristics, driving forces and impact of the migration and mobility of the rural labor force. The following factors are considered to impact rural workers' mobility decisions and are thoroughly discussed in each chapter: (1) convergence in the level of regional income, (2) industrial structure and the age structure of the workforce, (3) the household registration system, (4) the income gap, (5) the issue of children that are left behind, (6) the health status of rural migrant workers and (7) their social networks. Drawing on new research methods, the final chapter reassesses the impact of rural parents' migration to the city and the overall wellbeing of their children left behind at home, challenging the well-accepted view that there is a negative correlation between the two. The book will appeal to scholars and students interested in labor economics, Chinese economy, sociology, demography, migrant population and especially labor mobility in China.
Maximizing reader insights into the challenges facing maritime supply chains and container port logistics service providers in Asia, this book highlights their innovative responses to these challenges through real-world case studies. With a focus on mathematical modeling, simulation and heuristics approaches, this book provides academics, engineers, container terminal operators, students in logistics and supply chain management with the latest approaches that can be used to address the planning and scheduling problem in large container terminal yards. This book can be used on a self-contained basis as teaching cases in an undergraduate or specialist class setting, or on techniques applied to maritime container operations for port operations.
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