The Track of History: Finance and National Governance in Ancient China

Jierui Jia; Junyang Li; Ke Gao

doi:doi:10.11648/j.ijecs.20190401.12

| Peer-Reviewed

The Track of History: Finance and National Governance in Ancient China

Jierui Jia, Junyang Li, Ke Gao

Published in International Journal of Education, Culture and Society (Volume 4, Issue 1)

Received: 11 February 2019 Published: 28 April 2019

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.

Published in	International Journal of Education, Culture and Society (Volume 4, Issue 1)
DOI	10.11648/j.ijecs.20190401.12
Page(s)	13-18
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Ancient finance, National Governance, Macro Control, Fiscal Reform

References

[1]	GaoPeiyong, 2014. On the Financial Basic Theory Construction under the Framework of Modernization of National Governance. Social Science of China, 12, 102-122.
[2]	Li Weiguang, 2014. Why is Finance the Foundation and Pillar of National Governance? Legal Review, 2, 54-60.
[3]	Liu Shangxi, 2015. Fiscal and National Governance: Based on Three Dimensions of Understanding. Reference for Economic Research, 38, 3-17.
[4]	Liu Xiaolu, Guo Qingwang, 2016. 300 Years of Finance: An Analysis from the Perspective of National Governance. Finance and Trade Economics, 3, 5-13.
[5]	Liu Xiaolu, GuoQingwang, 2017. The Change of New China's Fiscal Fundamental Theory from the Perspective of the National Governance. Fiscal Research, 4, 21-27.
[6]	BaiYanfeng, Zhang Jing, 2016. NationalGovernance and the Construction of China’s Modern Financial System. Journal of Hebei University (Philosophy and Social Sciences Edition), 1, 111-118.
[7]	Ma Jun, 2016. The Theory of State Governance in Buchanan's Fiscal Thought. Financial research, 12, 28-37.
[8]	Shi Wei, 2015. The “Modernization-like Trap” of Finance and State Governance in Ancient China. Research on Local Finance, 9, 85-90.
[9]	Sun Wenxue, Qi Haipeng, 2012. China’s Financial History. Northeast University of Finance and Economics Press, Dalian, 18-23.
[10]	Xiang Huaicheng, 2006. General History of China’s Finance, Second volume. China Financial and Economic Publishing House, Beijing, 89-100.
[11]	Sun Yigang, Wang Wensu, 2013. Chinese Financial History. China Social Science Press, Beijing, 25-29.
[12]	Ye Zhenpeng, 2013. General History of Chinese Finance. Hunan People’s Publishing House, Changsha, 178-191.
[13]	Wang Cheng, 2004. Life Cycle of Social Security and Periodic Stage of China. economic research. 3, 98-106.
[14]	Zhang Ming, 2016. Discussion on State Governance and Financial Supervision. financial supervision. 6, 34-40.
[15]	Liu Xiaocheng, 2007. History of Finance and Taxation in China. China Financial and Economic Publishing House, Beijing, 75-89.
[16]	Weng Lihua, 2009. China’s Financial History. Economic Science Press, Beijing, 134-150.
[17]	Huang Tianhua, 2017. History of China's Financial System, First volume. Shanghai People’s Publishing House, Shanghai, 344-356.
[18]	Zhang Shoujun, 2003. On Shang Yang’s Reform Thought. Journal of Northeast University of Finance and Economics, 4, 94-97.
[19]	Liu Shougang, Jia Jie, 2017. A Comparison of Sima Guang’s and Wang Anshi’s Thoughts on Finance and Governance. Tax research, 5, 118-122.

Cite This Article

Plain Text BibTeX RIS

APA Style

Jierui Jia, Junyang Li, Ke Gao. (2019). The Track of History: Finance and National Governance in Ancient China. International Journal of Education, Culture and Society, 4(1), 13-18. https://doi.org/10.11648/j.ijecs.20190401.12

Copy | Download

ACS Style

Jierui Jia; Junyang Li; Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int. J. Educ. Cult. Soc. 2019, 4(1), 13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

AMA Style

Jierui Jia, Junyang Li, Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int J Educ Cult Soc. 2019;4(1):13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

@article{10.11648/j.ijecs.20190401.12,
  author = {Jierui Jia and Junyang Li and Ke Gao},
  title = {The Track of History: Finance and National Governance in Ancient China},
  journal = {International Journal of Education, Culture and Society},
  volume = {4},
  number = {1},
  pages = {13-18},
  doi = {10.11648/j.ijecs.20190401.12},
  url = {https://doi.org/10.11648/j.ijecs.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijecs.20190401.12},
  abstract = {Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - The Track of History: Finance and National Governance in Ancient China
AU  - Jierui Jia
AU  - Junyang Li
AU  - Ke Gao
Y1  - 2019/04/28
PY  - 2019
N1  - https://doi.org/10.11648/j.ijecs.20190401.12
DO  - 10.11648/j.ijecs.20190401.12
T2  - International Journal of Education, Culture and Society
JF  - International Journal of Education, Culture and Society
JO  - International Journal of Education, Culture and Society
SP  - 13
EP  - 18
PB  - Science Publishing Group
SN  - 2575-3363
UR  - https://doi.org/10.11648/j.ijecs.20190401.12
AB  - Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.
VL  - 4
IS  - 1
ER  -

Copy | Download

Author Information

Jierui Jia

School of Public Finance and Tax, Central University of Finance and Economics, Beijing, P. R. China
Junyang Li

International Ecological Economy Promotion Association, Beijing, P. R. China
Ke Gao

International Ecological Economy Promotion Association, Beijing, P. R. China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Jierui Jia, Junyang Li, Ke Gao. (2019). The Track of History: Finance and National Governance in Ancient China. International Journal of Education, Culture and Society, 4(1), 13-18. https://doi.org/10.11648/j.ijecs.20190401.12

Copy | Download

ACS Style

Jierui Jia; Junyang Li; Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int. J. Educ. Cult. Soc. 2019, 4(1), 13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

AMA Style

Jierui Jia, Junyang Li, Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int J Educ Cult Soc. 2019;4(1):13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

@article{10.11648/j.ijecs.20190401.12,
  author = {Jierui Jia and Junyang Li and Ke Gao},
  title = {The Track of History: Finance and National Governance in Ancient China},
  journal = {International Journal of Education, Culture and Society},
  volume = {4},
  number = {1},
  pages = {13-18},
  doi = {10.11648/j.ijecs.20190401.12},
  url = {https://doi.org/10.11648/j.ijecs.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijecs.20190401.12},
  abstract = {Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - The Track of History: Finance and National Governance in Ancient China
AU  - Jierui Jia
AU  - Junyang Li
AU  - Ke Gao
Y1  - 2019/04/28
PY  - 2019
N1  - https://doi.org/10.11648/j.ijecs.20190401.12
DO  - 10.11648/j.ijecs.20190401.12
T2  - International Journal of Education, Culture and Society
JF  - International Journal of Education, Culture and Society
JO  - International Journal of Education, Culture and Society
SP  - 13
EP  - 18
PB  - Science Publishing Group
SN  - 2575-3363
UR  - https://doi.org/10.11648/j.ijecs.20190401.12
AB  - Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.
VL  - 4
IS  - 1
ER  -

Copy | Download