The Dragon and the Iron Horse: The Economics of Railroads in China, 1876-1937

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Harvard Univ Asia Center, 1984 - Business & Economics - 347 pages
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'The first systematic economic analysis of China's prewar railway development ... provides significant contributions to the study of railroad economics ... includes a substantial case study in the field of 'imperialism' in which the effects of foreign investment in Chinese railroads are described and evaluated in great detail.' -Thomas G. Rawski
 

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Contents

ONE The Policy Conundrum
1
two The Tempo of Construction 18761937
37
three Skinning the Ox Twice
98
four The Structure of Railroad Costs
133
five The Causes of Financial Distress
176
Six Assessing the Economic Benefits
219
seven Conclusions
240
appendix B Yields on Chinese Sterling Railway Bonds
259
NOTES
273
BIBLIOGRAPHY
311
GLOSSARY
329
INDEX
343
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