Political Economy of Macao since 1999 - 9789811031373

Political Economy of Macao since 1999The Dilemma of Success\nAuthor(s): Yufan Hao, Li Sheng, Guanjin Pan\nFormat: Hardback\nPublisher: Springer Verlag, Singapore, Singapore\nImprint: Springer Verlag, Singapore\nISBN-13: 9789811031373, 978-9811031373\nSynopsis\nThis 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 [url] as the casino industry has overshadowed all other sectors of the local economy, it has not only made Macaos economy highly vulnerable and difficult to sustain, but has a.