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Yasheng Huang: uncertainty

8 Mar 2023 Conversations with Tyler Yasheng Huang on the Development of the Chinese State

“I don’t know the number, but if you go to the economic historians’ work on Qing Dynasty [1644–1911] — their rough estimate is that China had a much smaller state in terms of the physical capacity as compared with Europe during that comparable period of time.”

— Yasheng Huang

Source trail

Everything needed to verify it.

Speaker
Yasheng Huang
Attribution
Verified speaker
Claim type
uncertainty
Recorded
8 Mar 2023
Publisher
Conversations with Tyler

Transcript context

…What would be a number, say? I don’t know the number, but if you go to the economic historians’ work on Qing Dynasty [1644–1911] — their rough estimate is that China had a much smaller state in terms of the physical capacity as compared with Europe during that comparable period of time. To some extent, we struggle with the same issue today. If you look at the tax revenue relative to GDP, even China today is not an excessively high ratio, but if you look at the ownership role of the state, it has a big state sector. It has a big influence over the private sector. I would argue that the Chinese state in the 19th century did not derive all its power from taxation. It had the power to appoint officials. It had the power to control the private sector, control the merchants. That kind of administrative power was quite substantial. Let’s say, when China needs to fight Britain in the Opium Wars, or come the 1920s — is that lack of fiscal capacity what’s holding back China?…

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