Macao SAR's growth is expected to remain strong in the near term despite the recent slowdown. Continued recovery of the gaming sector will shape Macao SAR's near-term outlook. A stronger slump in the Mainland's property sector and higher-for-longer interest rates in the major economies are the...

This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in negotiation or under discussion with South Africa, Chile, India,...

Spillover effects of tourism in neighboring regions have been the focus of scholars. Hong Kong and Macao, which are two adjacent regions famous for being a "shopping paradise" and "gambling paradise," respectively, enable us to examine the relationship between tourism industries with different...

Macao SAR's recovery is expected to continue in 2022, but it will take several years before the economy returns to its pre-crisis level. Although strong fiscal support and the financial strength of Macao SAR's casino groups cushioned employment and consumption, the sharp contraction in activity...

"The world has been witnessing an accelerating momentum toward carbon neutrality, with almost all major countries onboard. The stakes are extremely high with over US100 trillion in investments needed to achieve net zero emissions. This book delves into this intricate multi-trillion-dollar...

Purpose This study aims to critically evaluate the impact of government tourism promotion methods on city image and visiting intentions and to explore the moderating effect of tourism experience on two of the conceptualized relationships, using Macao as a case study. Design/methodology/approach...

On 20 December 2009, President Hu Jintao praised Macau for its successful implementation of the One Country Two Systems model. This was interpreted by some as drawing an implicit comparison between Hong Kong and Macau with Beijing favouring the latter’s interpretation and implementation of One...

The present study examines preferences related to democracy and their spillover effects on political trust and political participation through a social survey with Macau’s university students. In contrast with conventional measurements that ask about attitudes on democracy in abstract terms,...

“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening...

"Examining the unprecedented scale of its development and its key role in China's economic revolution, Simpson follows Macau's emergence from historical obscurity to become the most profitable casino gaming locale in the world. In turn, his trenchant analysis provides a distinctive view into...

The major challenge for the economic reform in Macau is to achieve a proliferated development in other economic sectors than gambling. The liberalization of the telecommunications sector then becomes the key within such a process due to its economic significance. This article observes that the...

This study describes business developments in the Macau-Zhuhai-Hengqin border region from an entrepreneurship perspective. The purpose is to understand the nature and extent of cross-border entrepreneurship in this border region. We first review literature about entrepreneurship in cross border...

This 2019 Article IV Consultation highlights that while more moderate than in the past, gaming and tourism revenue in Macao Special Administrative Region picked up as the economy returned to expansion since mid-2016. Progress with diversification towards mass-gaming and nongaming tourism,...

Under BEPS Action 14, members of the OECD/G20 Inclusive Framework on BEPS have committed to implement a minimum standard to strengthen the effectiveness and efficiency of the mutual agreement procedure (MAP). The MAP is included in Article 25 of the OECD Model Tax Convention and commits...