Journals / Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi / 2018 / Cilt: 18 - Sayı: 3

ECONOMIC EFFECTS OF THE OPIUM WARS FOR IMPERIAL CHINA: THE DOWNFALL OF AN EMPIRE

AFYON SAVAŞLARININ ÇİN İMPARATORLUĞU ÜZERİNDEKİ EKONOMİK ETKİLERİ: BİR İMPARATORLUĞUN ÇÖKÜŞÜ

Pages
291–304
Publication Date
2022-10-11
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The period that started with these wars, whichprovided the basis for China's economic transformation, is called "Century ofHumiliation" in Chinese history.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Imperial China had not adopted the policy of open economy for centuries and itseconomy was almost as deep as a well to the West up until 1978 – the yearwhich marked the beginning of a series of radical economic reforms China hasundergone.
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Key Findings & Data:However, the incident that initiated such open economy policydates back as far as to the Opium Wars fought between China and Westernpowers in the 19th century.
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Conclusion & Impact:The period that started with these wars, whichprovided the basis for China's economic transformation, is called "Century ofHumiliation" in Chinese history.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Imperial China had not adopted the policy of open economy for centuries and itseconomy was almost as deep as a well to the West up until 1978 – the yearwhich marked the beginning of a series of radical economic reforms China hasundergone. It is not surprising that imperial Chinese economy did not interactmuch with the economy of any other nation of the time considering the fact thatit could meet its own needs relatively easily thanks to its wide lands, richunderground resources and intense human power. In fact, China had been able toprotect its closed economy for some time with a few occasional exceptions untilrecently. It has lately happened that the economy has been fully opened to theoutside world. However, the incident that initiated such open economy policydates back as far as to the Opium Wars fought between China and Westernpowers in the 19th century. The period that started with these wars, whichprovided the basis for China's economic transformation, is called "Century ofHumiliation" in Chinese history.

Özet

Yüzyıllar boyunca açık ekonomi politikasını benimsemeyen Çin İmparatorluğu’nun ekonomisi bir dizi ekonomik reformun başladığı yıl olan 1978’e dek Batılı devletler için adeta kapalı bir kutuydu. Çin’in geniş arazileri, zengin yeraltı kaynakları ve yoğun insan gücü sayesinde kendi ihtiyaçlarını nispeten kolayca karşılayabildiği gerçeği göz önüne alındığında, ülke ekonomisinin zamanın diğer ülkelerinin ekonomisi ile fazla etkileşime girmemiş olması şaşırtıcı değildir. Aslında Çin, bu kapalı ekonomisini, birkaç istisnayla yakın zamana kadar korumayı başardı. Çin ekonomisinin tamamen dışa açık hale gelmesi kısa süre önce gerçekleşmiştir. Bununla birlikte, bu açık ekonomi politikasını başlatan olay, 19. yüzyılda Çin ile Batılı güçler arasında geçen Afyon Savaşlarına kadar uzanmaktadır. Çin’in ekonomik dönüşümüne temel hazırlayan bu savaşlar ile başlayan dönem Çin tarihinde “Utanç Yüzyılı” olarak anılmaktadır.

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Cite This Article

KALIPCI, M. (2022). ECONOMIC EFFECTS OF THE OPIUM WARS FOR IMPERIAL CHINA: THE DOWNFALL OF AN EMPIRE. Abant İzzet Baysal Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 18 - Sayı: 3, 291–304. https://ajindex.com/articles/426758

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