Show Less
You do not have access to this content

China’s Long-Term Economic Development

How Have Economy and Governance Evolved since 500 BC?

Hongjun Zhao

This book examines the evolution of Chinese governmental governance and its long-lasting impact on Chinese economic development, firstly by examining the formation of Chinese style governance, the core contents of this governance and its vitality compared to other governance patterns in Chinese history. Secondly, this book discusses the effectiveness of this governance in supporting economic development before the Song dynasty and its failure in serving economic development during the past three to five centuries. Ultimately, Hongjun Zhao predicts the direction Chinese governance will take in the next 20 years.
Show Summary Details
You do not have access to this content

Chapter 2: Debate and comment about the Needham puzzle over the past half-century

Hongjun Zhao


This chapter provides a literature review of the reasons why China developed earlier than Europe before 1400 but became backward gradually after 1500, which was broadly defined as the so-called Needham puzzle. The author reviews the most relevant literatures in economics, sociology, history, political science, philosophy, and so on, comparing their hypotheses and arguments, indicating the methodological biases in the different disciplines, putting forward the criteria of analysis of the Needham puzzle, and selecting some new hypotheses that economists can use to analyse the long-term economic development of China during the past thousand years.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.