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May
31

Lazika: Lessons from the Song Dynasty

This is a follow-up by Vladimir Popov, to the blog post Two Cities. Another perspective on whether to build a new city or not: in some papers land scarcity is seen as a factor that stimulates urbanization and industrialization. For instance, it is argued that “during the Song Dynasty, despite the fact that China lost a significant amount of arable land to invading nomads as its population peaked, China witnessed a higher urbanization level, more prosperous commerce and international trade, and an explosion of technical inventions and institutional innova...
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