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Rural credit market and the peasant ...
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Pan, Ming-te.
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Rural credit market and the peasant economy (1600-1949): The state, elite, peasant and "usury".
Record Type:
Electronic resources : Monograph/item
Title/Author:
Rural credit market and the peasant economy (1600-1949): The state, elite, peasant and "usury"./
Author:
Pan, Ming-te.
Published:
Ann Arbor : ProQuest Dissertations & Theses, : 1994,
Description:
547 p.
Notes:
Source: Dissertation Abstracts International, Volume: 55-10, Section: A, page: 3276.
Contained By:
Dissertation Abstracts International55-10A.
Subject:
Economic history. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9506834
Rural credit market and the peasant economy (1600-1949): The state, elite, peasant and "usury".
Pan, Ming-te.
Rural credit market and the peasant economy (1600-1949): The state, elite, peasant and "usury".
- Ann Arbor : ProQuest Dissertations & Theses, 1994 - 547 p.
Source: Dissertation Abstracts International, Volume: 55-10, Section: A, page: 3276.
Thesis (Ph.D.)--University of California, Irvine, 1994.
This study analyzes the rural credit market during a period (1600-1949) characterized by vigorous commercialization and two types of Chinese state building. By tracing the interactions of the state, elite, and peasants in the rural credit market, this work seeks to find the dynamics of an increasingly commercialized agricultural economy in the late imperial period (1600-1900). It also intends to answer a puzzle that has been perplexing many students who are interested in the Chinese Communist movement in the 1930s-1940s: how was the Chinese Communist Party able to use a platform emphasis land reform to mobilize peasants in places where tenancy was not a major concern?Subjects--Topical Terms:
548503
Economic history.
Rural credit market and the peasant economy (1600-1949): The state, elite, peasant and "usury".
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Source: Dissertation Abstracts International, Volume: 55-10, Section: A, page: 3276.
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Thesis (Ph.D.)--University of California, Irvine, 1994.
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This study analyzes the rural credit market during a period (1600-1949) characterized by vigorous commercialization and two types of Chinese state building. By tracing the interactions of the state, elite, and peasants in the rural credit market, this work seeks to find the dynamics of an increasingly commercialized agricultural economy in the late imperial period (1600-1900). It also intends to answer a puzzle that has been perplexing many students who are interested in the Chinese Communist movement in the 1930s-1940s: how was the Chinese Communist Party able to use a platform emphasis land reform to mobilize peasants in places where tenancy was not a major concern?
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This study argues that the traditional rural credit market was crucial to a market oriented agricultural production which emerged in the seventeenth century China. It also shows that prior to the nineteenth century, the Confucian state making affected the rural credit market positively. While many scholars argue that using high interest rural credit impoverished peasants, I argue that although the interest rates on loan were high, when peasants used rural credit to produce for the market, they were able to raise their standard of living above what they would have been otherwise. Furthermore, Confucian state making in the Qing created a significant formal rural credit market, which provided regulated, affordable credit to peasants and competed with the informal rural credit.
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The social economic changes and the modern state building in the twentieth century, however, altered the configuration of the rural credit market in ways which proved to be especially damaging to the peasants in the economically underdeveloped areas. The commercialization in the twentieth century further increased peasants' dependency on credit for production. In the meantime, modern state became less interested in and capable of intervening on the rural credit market. Without access to the formal rural credit, peasants of economically underdeveloped areas were trapped in debt. This was the reason why the Chinese Communist Party's land reform policy--rent reduction and interest reduction--could create a mass support among the peasants in Northwest and North China, where tenancy alone was not a major issue.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=9506834
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