The trend of changes in aggregate demand and the economic development of modern China

Author: Zhang Donggang
Publisher:
Publish Date: 1997-10-01
Features: From the late 19th century to the eve of the War of Resistance, half a century was a transitional period in China's shift from a traditional economy to a market economy. The author applies modern economic theories and methods, based on a thorough and extensive collection of original data, to study economic development from the perspective of aggregate demand fluctuations. Systematically, he explores the consumption behavior and consumption structure of people in old China, reveals the trends of aggregate demand and their impact on modern Chinese economy, and depicts a fluctuating picture of economic development in old China. This book holds pioneering academic value in the field of economic history research.