kris_inwood, Institutions matter! Treaty ports imposed on 19thC China brought property rights protection & judicial process that had a persistent positive effect on investment & economic activity that is still visible today, according to Yuan Liu & Lei Zhang in a new @APEHR article.
https://doi.org/10.1111/aehr.12277
@economics @demography @socialscience @sociology @politicalscience @geography @anthropology @econhist @devecon @geopolitics @geodons #history #histodons #China #institutions #property #courts @ecosocio