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Peoples Republic Of China Macao Special Administrative Region
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Book Synopsis Basic Law of the Macao Special Administrative Region of the People' s Republic of China by : National People's Congress
Download or read book Basic Law of the Macao Special Administrative Region of the People' s Republic of China written by National People's Congress and published by Good Press. This book was released on 2021-04-11 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Before 1999 Macao was considered a part of Portugal, but in 1993 this document was drawn up which laid down the ways by which Macao would be run and operated when it transferred from the governance of Portugal to that of China. This document is the text of that agreement.
Book Synopsis People’s Republic of China—Macao Special Administrative Region: Selected Issues by : International Monetary
Download or read book People’s Republic of China—Macao Special Administrative Region: Selected Issues written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-12 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: People’s Republic of China—Macao Special Administrative Region: Selected Issues
Book Synopsis People’s Republic of China—Macao Special Administrative Region: 2022 Article IV Consultation Discussions by : International Monetary
Download or read book People’s Republic of China—Macao Special Administrative Region: 2022 Article IV Consultation Discussions written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-12 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 exposed Macao SAR’s vulnerability to external forces affecting the inflow of tourists. Short-term risks to the outlook include a re-intensification of the COVID-19 pandemic and an increase in Macao SAR’s financial sector stress. The heavy impact of the pandemic on Macao SAR’s growth highlights the need to diversify the economy beyond the gaming industry. The high exposure to climate-related shocks poses long-term concerns.
Download or read book Macau, China written by Steve Shipp and published by . This book was released on 1997 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: On December 20, 1999, Portugal was formally handed over Macau to China, ending 442 years of Portuguese control of the tiny peninsula and two small islands. Though comprised of just over nine square miles (with new reclamation), Macau was once one of the world's most important trading ports. In recent years, Macau has become a vital alternative to Hong Kong as a gateway to the booming economy of the People's Republic of China. Macau is first examined from a historical perspective. The island's responses to World War ll, the Korean War and China's civil war are fully covered, as is the influence of China's Great Proletarian Cultural Revolution. The secret agreements between China and Portugal in the 1960s and 1970s are described, along with a full accounting of the arrangement for the return of Macau to China. The prospects for the island's future under Chinese control are then detailed.
Book Synopsis The A to Z of the Hong Kong SAR and the Macao SAR by : Ming K. Chan
Download or read book The A to Z of the Hong Kong SAR and the Macao SAR written by Ming K. Chan and published by Rowman & Littlefield. This book was released on 2010 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Hong Kong Special Administrative Region of the People's Republic of China is located on the southeastern coast of China, and the Macao SAR can be found off of China's southern coast. Both regions have recently been released from European colonial rule: Hong Kong from British control in 1997 and Macao from Portugal in 1999. As SARs, Hong Kong and Macao retain a high degree of autonomy, and they control all issues except those of state (e.g. diplomatic relations and national defense). The A to Z of the Hong Kong SAR and the Macao SAR includes maps, photographs, a list of acronyms, a chronology, an introductory essay, a bibliography, and hundreds of cross-referenced dictionary entries on important persons, places, and events as well as political, economic and social background. However, unlike the rest of the series, all these sections are presented in duplicate: one for Hong Kong and one for Macao. The authoritative analysis and informative data presented clearly elucidate the unique situation of these two territories.
Book Synopsis China's Macao Transformed by : Eilo W.Y.YU
Download or read book China's Macao Transformed written by Eilo W.Y.YU and published by City University of HK Press. This book was released on 2014-10-01 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: The return of Macao from the Portuguese administration to the People's Republic of China (PRC) in 1999 marks the beginning of its transformation in the 21st century. Macao was confronted with various issues concerning then existing political system, economic downturn and gangland violence during the transition period. Beijing put Macao under the "One country, Two Systems" and implemented a wide variety of measures in order to restore its law and order as well as to recover its tourism dependent economy. Gradually, Macao transformed itself to "Las Vegas of the East". This volume of 18 essays highlights the key dimensions of Macao's remarkable "One country, Two Systems" actualisation experience in its first 15 years, and discusses how Macao transformed and what challenges it encountered during its post-handover transformation. The volume has several focuses. It first investigates the political and electoral issues in a critical manner─ post-handover Macao suffered from maladministration and limited democratization, and the chief executives selected lacked representativeness due to restricted public participation in the electoral process. Overall speaking, the government lacked legitimacy and popular support. From a socio-economic point of view, this book looks into the business model in running Macao's casinos and the emerging culture of mass participation and youth participation in political affairs. The education reformation and changes in civic identity of local Macao Chinese are also addressed. Finally, the volume looks into how post-handover Macao relates itself in the international politics affair.
Book Synopsis Relationship Between the Chinese Central Authorities and Regional Governments of Hong Kong and Macao: A Legal Perspective by : Zhenmin Wang
Download or read book Relationship Between the Chinese Central Authorities and Regional Governments of Hong Kong and Macao: A Legal Perspective written by Zhenmin Wang and published by Springer. This book was released on 2018-09-19 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the basic theories and structures employed in handling the Central-SAR relationship under the “One Country, Two Systems” policy from the perspective of ruling by law. It also explores the fundamental principles and methods used in the division of powers between the central authorities and the SARs, and investigates the institutions responsible for handling the Central-SAR relationship and their practices. Further, it presents case studies since 1997 to help readers better understand the Central-SAR relationship. Lastly, the author raises some new questions for readers who want to further study this topic.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1498313361 Total Pages :67 pages Book Rating :4.4/5 (983 download)
Book Synopsis People’s Republic of China—Macao Special Administrative Region by : International Monetary Fund. Asia and Pacific Dept
Download or read book People’s Republic of China—Macao Special Administrative Region written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-05-06 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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, together with the continued China gaming monopoly, are expected to deliver growth of around 4 percent in the medium term. Risks are tilted to the downside, mainly emanating from Mainland China. Prudent macroeconomic policies and high reserves provide strong buffers against shocks. In addition to supporting diversification, fulfilling social needs, and maintaining macroeconomic stability, the policies priorities explained in the report will reduce external imbalances. The report also discusses that the current housing macroprudential stance and related fiscal measures appear broadly appropriate. A broader set of policies are advised to support housing affordability, where continued efforts to boost housing supply will be key.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1475578865 Total Pages :53 pages Book Rating :4.4/5 (755 download)
Book Synopsis People's Republic of China-Macao Special Administrative Region by : International Monetary Fund. Asia and Pacific Dept
Download or read book People's Republic of China-Macao Special Administrative Region written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-02-14 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2016 Article IV Consultation highlights that the real output for Macao Special Administrative Region (SAR) is expected to contract for a third consecutive year in 2016. However, external demand has begun to recover with gaming revenues posting six consecutive months of positive annual growth. In 2017, a low base will help increase growth above 2 percent despite continued weak domestic demand. Further out, Macao SAR is well-positioned to record sustainable growth in the mid-single digits. In addition to its still highly valuable gaming monopoly within China, Macao SAR is an established tourist destination with significant geographic proximity to Mainland China. Macao SAR is now also investing aggressively in non-gaming tourism and financial services.
Book Synopsis Macao Special Administrative Region of the People's Republic of China: Financial Sector Stability Assessment by : International Monetary Fund
Download or read book Macao Special Administrative Region of the People's Republic of China: Financial Sector Stability Assessment written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-08-31 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Book Synopsis The Chinese of Macau a Decade After the Handover by : Jean A. Berlie
Download or read book The Chinese of Macau a Decade After the Handover written by Jean A. Berlie and published by . This book was released on 2016-01-29 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE CHINESE OF MACAU A DECADE AFTER THE HANDOVER is an important contribution to the study of identity, a fundamental topic in the twenty-first as in the latter part of the twentieth century. Identity in Macau is studied not only from a local Chinese perspective but also from a Macanese viewpoint. Society, culture and religion among the Chinese of Macau - and in particular the roles played by various Macau social, cultural and religious associations - are each studied in the context of economic circumstances. Based on two years of laborious fieldwork, initially assisted by Macau University students and others, The Chinese of Macau benefits from and re-actualizes Jean Berlie's previous research, published by Oxford University Press, Oxford/New York, as Macau 2000. Coinciding with Macau's change in status to become a Special Administrative Region of the People's Republic of China, and providing a snapshot of Macau Society at this significant point in Macau's history, Macau 2000, was received with great interest. The joint study of society and economy is a key point of both these complementary studies. Indeed, in Berlie's view, the current world economic crisis will be solved only when economists understand the interplay between these factors. Geoffrey C. Gunn, Professor of International Relations at Nagasaki University, has contributed a foreword and Tong Io Cheng, Professor at the Faculty of Law, University of Macau and Deputy of the Legislative Assembly of Macau, has contributed a chapter.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1498365000 Total Pages :57 pages Book Rating :4.4/5 (983 download)
Book Synopsis People’s Republic of China—Macao Special Administrative Region by : International Monetary Fund. Asia and Pacific Dept
Download or read book People’s Republic of China—Macao Special Administrative Region written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2014-07-24 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: KEY MESSAGES Setting. Discussions took place for the first time since the handover of Macao SAR from Portugal to China in 1999. Prudent macroeconomic management has underpinned rapid development in the territory, which is now the world’s largest gaming center. As a small, open and tourism-dependent economy, Macao SAR is currently also benefiting from loose global monetary conditions and a Mainland-related boom. Outlook and risks. Growth should stay strong over the next few years at 8–10 percent buoyed by gaming exports and investment, with inflation remaining around 5–51⁄2 percent. However, the economy is vulnerable to external shocks, in particular a slowdown in tourism, due to shocks in the Mainland or Hong Kong SAR or other setbacks to the global recovery. The buoyant property market could also correct if demand fundamentals shift or interest rates rise abruptly with the withdrawal of unconventional monetary policy abroad. Macroeconomic policies. The policy stance is appropriate, with scope for further tightening of macroprudential policies should property prices continue to rise sharply. If downside risks materialize, targeted fiscal stimulus should be used to buttress growth. In the event of a severe property downturn, some countervailing measures could be cautiously unwound. The currency board is the best arrangement for Macao SAR. Financial stability. Important progress has been made in strengthening financial stability in line with the 2011 FSAP recommendations. Prudential measures should focus on managing potential credit and liquidity risks from a gaming slowdown and the property sector, as well as spillovers from shocks in the Mainland and Hong Kong SAR. Longer term challenges. Looking further ahead, Macao SAR’s public finances face a moderation in gaming revenues juxtaposed against spending needs from population aging. A sovereign wealth fund to manage part of the territory’s fiscal reserves and medium-term budgeting could therefore be useful. As the gaming sector matures, economic diversification toward other services will be key for stable growth.
Book Synopsis Macao Country Study Guide Volume 4 Government and International Strategy by : IBP, Inc
Download or read book Macao Country Study Guide Volume 4 Government and International Strategy written by IBP, Inc and published by Lulu.com. This book was released on 2013-08-01 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macao Country Study Guide - Strategic Information and Developments Volume 1 Strategic Information and Developments
Book Synopsis Macao Country Study Guide Volume 1 Strategic Information and Developments by : IBP. Inc.
Download or read book Macao Country Study Guide Volume 1 Strategic Information and Developments written by IBP. Inc. and published by Lulu.com. This book was released on with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 : Total Pages :59 pages Book Rating :4.4/5 (2 download)
Book Synopsis People’s Republic of China—Macao Special Administrative Region by : International Monetary Fund. Asia and Pacific Dept
Download or read book People’s Republic of China—Macao Special Administrative Region written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2024-05-30 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 main short-term risks to the outlook. The secular growth slowdown in Mainland China could weigh on Macao SAR’s medium-term growth. Moreover, medium-term growth could be adversely affected by extreme climate events. The authorities have stepped up their efforts to diversify Macao SAR’s economy, which, if successful, could mitigate some of the risks to the medium-term growth.
Download or read book Macau in Transition written by H. Yee and published by Springer. This book was released on 2001-09-12 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book analyzes various aspects of the process of Macau's transition from a Portuguese autonomous territory to a Chinese special administrative region. It analyzes the role of those involved in the process building Beijing, Lisbon, the local Portuguese Macau administration, the Macau branch of the New China News Agency, the Luso-Chinese Joint Liaison Group and the local political and social groups. It stresses the dynamics of interactions between actors as well as the political, economic and social changes in the enclave that have direct or indirect impact on the transition.
Book Synopsis Macao Government and Policy Guide - Strategic Information and Contacts by : IBP. Inc.
Download or read book Macao Government and Policy Guide - Strategic Information and Contacts written by IBP. Inc. and published by Lulu.com. This book was released on 2015-12-16 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Updated Reprint. Updated Annually. Macao Government and Policy Guide
