Scanned by Scan2net

Scanned by Scan2net

V iv , •:•/;•' Euroreu m nm iTr m m viE RECEIVED 1 6 Die. 1997 LIBRARY EUROPEAN UNIVERSITY INSTITUTE Department of Economics Overcoming the Last Obstacle in Sustainable Rural Development of Monsoon Asia The Japanese and Chinese Models and a Proposed New Model Jian-Ming Zhou Thesis submitted for assessment with a view to obtaining the Degree o f Doctor o f the European University Institute Florence, December 199' £^S3BKB3^ EgB«Eggfgm g«ggggBggSE£gB3gBB3^ g gg” g ^ M o a a n o n fa 1 European University Institute 22-0 EUROPEAN UNIVERSITY INSTITUTE Department of Economics Overcoming the Last Obstacle in Sustainable Rural Development of Monsoon Asia The Japanese and Chinese Models and a Proposed New Model LIB 330.950 ZHO Jian-Ming Zhou The Thesis Committee consists of: Prof. Michael Artis, European University Institute Stuart Holland, ARES, London, Supervisor Christopher Howe, School of Oriental and African Studies London Domenico Mario Nuti, London Business School, Co-supervisor Table of Contents Acknowledgements ......................................................................................................................vii Abbreviations ............................................................................................................................ xi G lossary.................................................................................................................................. xiii List of Tables .......................................................................................................................... xvii Part 1 Theories.......................................................................................................................... 1 Chapter 1 Introduction ........................................................................................................... 3 I. Monsoon A s ia ........................................................................................................... 3 II. A Remaining Obstacle Unresolved by the Japanese M odel.............................. 4 III. The Chinese Model ............................................................................................... 8 IV. The Agenda of the T h esis..................................................................................... 10 V. The Approach of the Analysis ............................................................................. 13 VI. Tentative Contributions of the T h e sis................................................................. 17 References ........................................................................................................................ 20 Chapter 2 Theories of Dualism, the Monsoon Asia Rice Economy and Variable Mixed Econom ies.............................................................................................23 I. Dualism ..................................................................................................................... 23 Concept of D ualism .......................................................................................... 23 Three Characteristics of the Traditional Agriculture in the Densely Populated Dual Econom y....................................................................25 The Significance of Dualism ........................................................................... 27 II. Market Forces and the Dual E conom y................................................................. 28 The "Vicious Circle" of Poverty .......................................................................28 "Backwash Effects" and "Spread Effects’' .................................................... 29 III. Monsoon Asia Nature and Rice Culture ........................ 34 Geography and C lim a te ......................................................................................34 ............... The Diversified Rice E conom y.......................................................................37 Natural Conditions and the Rice E conom y..................................................... 38 Natural Disasters in Rice Growing ..................................................................42 The Rice-Dependence of A griculture................................................................42 l i i , iii IV IV. The Prewar "Vicious Circle" of Poverty in Monsoon Asia ........................... 47 Labor-Intensive Production............................................................................. 48 Seasonal E m ploym ent.....................................................................................57 The Obstacles to Large-Scale Farm ing..........................................................60 Feudal Landlord Ownership and Persistent Poverty.....................................67 "Vicious Circle" of Poverty within Agriculture and hetween Agriculture and Industry.......................................................................................... 74 V. The Postwar Initial Conditions for Development in Monsoon Asia ...............76 Low Per Capita In c o m e ...................................................................................77 Vast Population and a Huge Labor F o rc e ..................................................... 78 Low Productivity in Peasant Agriculture ..................................................... 80 New Institutional Settings................................................................................83 The Interactions of the Initial C onditions..................................................... 84 VI. Variable Mixed E conom ies.................................................................................. 86 Concept of Mixed Economy........................................................................... 86 Concept of Variable Mixed Economies ........................................................87 Nuti’s Model of Market Socialism................................................................. 88 Government’s Role in Economic Development and Agro-Industrial Transition of Monsoon A s ia ...............................................................90 References ...................................................................................................................... 93 Chapter 3 Theory of Property Rights............................................. ..................................... 103 I. Incentives under Private Ownership and Possession of Public Assets .......... 104 Property R ig h ts................................................................................................ 104 Ownership ........................................................................................................ 104 Possession ........................................................................................................ 106 Incentive and Pareto Efficiency.................................................................... 109 Technological Efficiency .............................................................................. I l l II. Achieving Pareto Efficiency according to C o a s e ............................................. 112 Externalities..................................................................................................... 113 Coase T heorem ................................................................................................ 118 III. Reaching Pareto Efficiency When the Hypotheses of the Coase Theorem Are R elax ed ..................................................................................................... 125 Positive Transaction C o s ts ............................................................................ 125 Income Effects . ............................................................................................. 127 V Approaches in Assignment of Property Rights ........................................ 128 Private, Public or Corporate Land Ownership? A Transaction Costs A pproach............................................................................................ 134 IV. The Evolution of Property Rights Structures.................................................. 140 Timing of Changing Existing Properly Rights Structures....................... 141 General Methods of Changing Existing Property Rights Structures . 143 V. Relevant Concepts of Private O w nership......................................................... 144 Concept of Capitalist Ownership................................................................. 145 Concept of Individual Ownership .............................................................. 147 References .................................................................................................................. 148 Part 2 Comparative Practical Studies.................................................................................. 151 Chapter 4 The Japanese Model versus the Last Obstacle............................................... 153 I. The Significance of the Japanese Model ............................................................ 153 Theoretical D iscussion.................................................................................. 156 II. The Remaining Obstacle .................................................................................... 158 Theoretical D iscussion.................................................................................. 168 III. A New Model for Overcoming the Last O bstacle.......................................... 171 Conjectural Proposal 1 .................................................................................

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    358 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us