The Micro-Economics of Peasant Economy, China 1920-1940

1st Edition

Thomas B. Wiens

Published November 5, 2018
Reference - 528 Pages
ISBN 9781138368859 - CAT# K397108
Series: Routledge Library Editions: Business and Economics in Asia

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The objectives of this study, first published in 1982, are to elaborate a micro-economic model which adequately explains the interrelationships among economic forces determining the distribution of income in a peasant economy in the early stages of transition to industrialization. It also examines the development of the ‘dual economy’, an economy composed of a large peasant agricultural sector with its ancillary handicraft sector, both traditional in techniques and institutions, and a small but growing modern industrial sector.

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