Abstract
The Qing tributary system, which is centered on China, has been regarded as a universally acknowledged and distinguished regional order in pre-modern East Asian. This system is made up of a series of informal, formal institutions and the system of governance. Such system can get a good explanation by using the transaction cost theory of new institutional economics. It is obvious that the available literature about the tributary system rarely involves transaction cost theory; so this paper tries to analyze the Qing tributary system from this perspective and break the traditional analytical paradigm of international relations scholars, and then tries to build and sum up the two explainable models about the system of rising and recession.
Highlights
The term of the tributary system describes the regional order in pre-modern East Asia
Paragraph 3 talks about the institution in tributary system, and Paragraph 4 discuss the fall of the tributary system, I point out that the Qing cannot assimilate external transaction cost into tributary system as well as ever-increasing internal cost account for the fall of the tributary system
This paper argues that the ultimate demise of the tributary system is due to the collapse of the tributary institutions
Summary
The term of the tributary system describes the regional order in pre-modern East Asia It is centered on the Qing dynasty and surrounding states (such as North Korea, Viet Nam, Okinawa) tribute to China. In this system, tribute and trade are often closely interwoven; the Qing puts a high value on the symbolic meaning of tribute, while the neighboring states pay more attention to the benefits of trade. Tribute and trade are often closely interwoven; the Qing puts a high value on the symbolic meaning of tribute, while the neighboring states pay more attention to the benefits of trade In exchange, they recognize the Qing as the center of the world, and the Qing grants these tributary states the convenience of economic and trade. Centering on tributary activities forms a series of institutional arrangements
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