Book contents
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- Copyright page
- Contents
- Figures
- Maps
- Tables
- Contributors to Volume I
- Acknowledgments
- Note on Citations
- Introduction to Volume I
- Part I Before 1000
- Interlude
- Part II 1000 to 1800
- 7 Ecological Change and Resource Constraints
- 8 Population Change
- 9 Public Finance
- 10 Political Economy
- 11 Law and the Market Economy
- 12 Property Rights and Factor Markets
- 13 The Rural Economy
- 14 Cities and the Urban Economy
- 15 The Monetary System
- 16 Merchants and Commercial Networks
- 17 Foreign Trade
- 18 Production, Consumption, and Living Standards
- Bibliography of Primary Works Cited
- Index
- References
9 - Public Finance
from Part II - 1000 to 1800
Published online by Cambridge University Press: 07 February 2022
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- The Cambridge Economic History of China
- Copyright page
- Contents
- Figures
- Maps
- Tables
- Contributors to Volume I
- Acknowledgments
- Note on Citations
- Introduction to Volume I
- Part I Before 1000
- Interlude
- Part II 1000 to 1800
- 7 Ecological Change and Resource Constraints
- 8 Population Change
- 9 Public Finance
- 10 Political Economy
- 11 Law and the Market Economy
- 12 Property Rights and Factor Markets
- 13 The Rural Economy
- 14 Cities and the Urban Economy
- 15 The Monetary System
- 16 Merchants and Commercial Networks
- 17 Foreign Trade
- 18 Production, Consumption, and Living Standards
- Bibliography of Primary Works Cited
- Index
- References
Summary
The long transition – often marred by violence – between Tang and Song discerned by Naitō Konan marked the advent of a new world. The An Lushan Rebellion (755–763) triggered profound political and military crises that shattered the institutions of the Tang dynasty, but also set in motion the slow progression of the market economy, which the Tang leadership began to see as the necessary means to restore its fiscal authority. With the collapse of the equal-field system of state land allocations in the wake of the rebellion, the Tang abandoned the principle of uniform, in-kind taxation of farming households as the basis of its fiscal and military systems. Urgent necessity prompted the adoption of new and more flexible fiscal strategies to secure revenues from commerce and consumption. The expansion of the market economy mitigated the Confucian elite’s traditional hostility toward commerce and acted as a key catalyst for the mercantilist policies pursued by the southern kingdoms during the first half of the tenth century.
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- The Cambridge Economic History of China , pp. 340 - 380Publisher: Cambridge University PressPrint publication year: 2022
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