Paths toward the Modern Fiscal State

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Harvard University Press, Mar 1, 2013 - Business & Economics - 325 pages
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Wenkai He shows why England and Japan, facing crises in public finance, developed the tools and institutions of a modern fiscal state, while China, facing similar circumstances, did not. He’s explanation for China’s failure at a critical moment illuminates one of the most important but least understood transformations of the modern world.
 

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Contents

Acknowledgments
45
Credit Crises in the Rise of the Modern Fiscal State
1811
Englands Path 16421752
1834
The Rapid Centralization of Public Finance in Japan 18681880
1858
The Emergence of the Modern Fiscal State in Japan 18801895
1879
Economic Disruption and the Failure of Paper Money in China 18511864
The Persistence of Fiscal Decentralization in China 18641911
Conclusion
Bibliography
Index
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