Institutional Change and Long-term Economic Development

Author: Huamin
Publisher:
Publish Date: 2006-06-01
Features: This book collects ten classic articles by economists such as Huamin, Weisen, Zuyuan, and Wenguan, focusing on the mutual relationship between institutional change and long-term economic development. These articles compare the historical trajectories of social dynamics in modern China and Western Europe. For example, Professor Huamin's "The 'Malthusian Constraint' and the Path Choice of Economic Development" explores the reasons for the rise of Western countries and the relative decline of Eastern countries over the past millennium from the perspective of fundamental economic issues. Professor Weisen's "The 'Smithian Dynamism' and the 'Braudelian Bell Jar'" uses the concepts of "Smithian Dynamism" and "Braudelian Bell Jar" to provide new explanations for the rise of the modern Western world and the decline of the late Qing Empire from the perspective of historical comparative institutional analysis. Similarly, the articles by Professor Wenguan, Professor Zuyuan, and other experts discuss and explain the general laws and some special phenomena of economic development in China and other countries with rich materials and unique perspectives.