Topic_2_Econ162

Topic_2_Econ162 - Economics 162 The Economy of China Topic...

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Unformatted text preview: Economics 162 The Economy of China Topic 2 - Geography and History Professor David Roland-Holst Department of Agricultural and Resource Economics Tuesday and Thursday, 3:30-5AM, 10 Evans Hall Roland-Holst 2 Economics 162 Economics 162 Economics 162 Geography Why economists think geography is important to economic development: Traditional subsistence economy: climate, land, water, other resources, ecology, etc. Modern economy: trade, coastal lines, ports, roads, other logistics and infrastructure Jared Diamond, G uns, Germs, and Steel: The Fates of Human Societies , Norton, 1997 A fascinating book about how geography has shaped human societies Roland-Holst 3 Economics 162 Economics 162 Geography Roland-Holst 4 Economics 162 Economics 162 Economics 162 Geography Complexity of the influence of geography Resources: the role of fate Geography and technology transport technology telecommunication air conditioning Geography and institutions Cultural and social evolution (identity, language, family and higher organizations) Conflict and defense Roland-Holst 5 Economics 162 Economics 162 Economics 162 China Roland-Holst 6 Economics 162 Economics 162 Economics 162 Arable Land is Scarce Roland-Holst 7 Economics 162 Economics 162 Economics 162 Annual rainfall is limited Roland-Holst 8 Economics 162 Economics 162 Economics 162 Global Water Availability Roland-Holst 9 Economics 162 Economics 162 Economics 162 River Systems Roland-Holst 10 Economics 162 Economics 162 Economics 162 United States Roland-Holst 11 Economics 162 Economics 162 Economics 162 India Roland-Holst 12 Economics 162 Economics 162 Economics 162 Comparisons Land and population (1980s) China and India similar, U.S. is different (abundant land) Pop (M) farmland(Mh) hectares/capita China 1,300 150 0.12 India 1,200 153 0.13 U.S. 310 170 0.57 Climate and latitude China and US similar, India is different (south to the tropic of cancer) Coast lines India and US similar, China is different (semi land-locked) Roland-Holst 13 Economics 162 Population Trends Roland-Holst 14 Economics 162 Economics 162 Economics 162 Chronology Basic facts and major events To 1840 (pre-modern period) 1840-1911 (pre-Republic period) 1911-1949 (Republic period) 1949-1978 (Peoples Republic, pre-reform) 1979-present (Peoples Republic, post-reform) Roland-Holst 15 Economics 162 Economics 162 Economics 162 Historical Perspective of China s Economic Position in the World 1000 A.D. (Song Dynasty): China among the richest nations in the world 1820 A.D. (Qing Daynasty): China s total GDP still the largest in the world 1950 A.D. (at the inception of the People s Republic): China s total real GDP smallest in history 1978 A.D. (at the inception of the reform): China s per capita GDP very low Roland-Holst 16 Economics 162 Economics 162 Economics 162 Pre-Modern (-1840) During Song Dynasty (northern 960-1126; southern...
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Topic_2_Econ162 - Economics 162 The Economy of China Topic...

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