Political economy of Macao since 1999 [electronic resource] : the dilemma of success /
Hao, Yufan.author.
Sheng, Li.author.
Pan, Guanjin.author.
This book takes a comprehensive look at the governance and civil society of Macao, the shadowy mecca of gambling in Asia, and the reforms, changes, and social movements which are challenging that reputation today. Thanks to the rapid expansion of the local casino industry, Macao has experienced spectacular economic growth since it returned to Chinese rule in 1999. Following double-digit rates of economic growth between 2002 and 2013, Macao has become one of the wealthiest regions in Asia, with GDP per capita rising from USD$14,258 in 2001 to USD$89,333 in 2014. However, as the casino industry has overshadowed all other sectors of the local economy, it has not only made Macao’s economy highly vulnerable and difficult to sustain, but has also aroused increasing social discontent. The authors lay out a comprehensive and well-argued discussion of the dilemma of the economic monoculture, and strategies by which to overcome it, in the process producing a book that will be of profound interest to scholars of greater China, students of political economy, and travelers to Macao.
Includes index.
1) “The ‘Leap Forward’ and the Multiple Roles of the MSAR Government” -- 2) “Theorizing Macao's Political Economy” -- 3) “Public Services: Redefining the Government-society Boundary” -- 4) “Refining the Political Machinery and the Absence of Political Reforms” -- 5) “Political Culture, Participation and Communication: The Collapse of Consensus Politics and the Local Social Group System” -- 6 “On the Future of Macao: Success without Dilemmas”.
This book takes a comprehensive look at the governance and civil society of Macao, the shadowy mecca of gambling in Asia, and the reforms, changes, and social movements which are challenging that reputation today. Thanks to the rapid expansion of the local casino industry, Macao has experienced spectacular economic growth since it returned to Chinese rule in 1999. Following double-digit rates of economic growth between 2002 and 2013, Macao has become one of the wealthiest regions in Asia, with GDP per capita rising from USD$14,258 in 2001 to USD$89,333 in 2014. However, as the casino industry has overshadowed all other sectors of the local economy, it has not only made Macao’s economy highly vulnerable and difficult to sustain, but has also aroused increasing social discontent. The authors lay out a comprehensive and well-argued discussion of the dilemma of the economic monoculture, and strategies by which to overcome it, in the process producing a book that will be of profound interest to scholars of greater China, students of political economy, and travelers to Macao.
Political economy.
Asia—Economic conditions.
Economic development.
Social change.
International Political Economy.
Asian Economics.
Development and Social Change.