The Debate on the Economic Depression in China during the Early 1930’s
Author(s)
Lee, Yu-Ping
Abstract
The 1935 decision of the Chinese Nationalist government to adopt a modern paper money system followed a lengthy debate among Chinese economists. From 1930 to 1935 monetarists, trade theorists and Marxists considered and discarded various theories. For example, trade theorists at first favored high tariffs but came to see the foreign investment this would attract as detrimental to the development of native industry. In the end all three groups agreed a managed currency was best for China during that period of worldwide depression.
IssueNo
Pages
231-272
Article
Article Not Available
Source
Bulletin of the Institute of Modern History, Academia Sinica