The rise and fall of a public debt market in 16th-century China : : the story of the Ming salt certificate / / by Wing-kin Puk.

During the Ming dynasty (1368-1644), the government invited merchants to deliver grain in return for salt certificates with which merchants drew salt as reward. The salt certificate therefore represented a national debt, denominated in salt, the government thereby owed merchants. A speculative marke...

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Bibliographic Details
Superior document:Monies, Markets, and Finance in East Asia, 1600-1900, Volume 8
VerfasserIn:
Place / Publishing House:Leiden, Netherlands ;, Boston, [Massachusetts] : : Brill,, 2016.
©2016
Year of Publication:2016
Language:English
Series:Monies, markets, and finance in East Asia, 1600-1900 ; Volume 8.
Physical Description:1 online resource (210 p.)
Notes:Description based upon print version of record.
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