Wenkai He shows why England and Japan, facing crises in public finance, developed the tools and institutions of a modern fiscal state, while China, facing similar circumstances, did not. He’s explanation for China’s failure at a critical moment illuminates one of the most important but least understood transformations of the modern world.
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Published March 1, 2013
by Harvard University Press.
Business & Economics, Political & Social Sciences, Law & Philosophy, Professional & Technical.