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Macao: A Study on the Impact of Global, Regional and Local Forces.

Resource type
Authors/contributors
Title
Macao: A Study on the Impact of Global, Regional and Local Forces.
Abstract
Over the years Macao has been exposed to different cultures and has been influenced by various political and economic interests. The booming casino economy has ultimately transformed the city into the largest gambling hub in the world. In spite of the consensus about Macao's shiny future, there are factors (such as the large reliance on a single industry) and socio-economic problems (such as labor shortage, unequal income distribution, and inflationary pressure) that moderate the optimism. By making use of the Chatterjee and Nankervis' convergent and divergent process model for management, this paper examines how global, regional, and local forces have impacted the economic development process, form and type of organizations in Macao. The paper also suggests that the government implement a framework that develops and diversifies the economy but also takes into consideration the social needs of the community.
Date
2011-07-21
Proceedings Title
Proceedings of the 12th Society for Global Business & Economic Development (SGBED 2011)
Place
Singapore
Publisher
Signapore Management University
Short Title
Macao
Library Catalog
ResearchGate
Citation
Lampo, A., & Care, L. (2011, July 21). Macao: A Study on the Impact of Global, Regional and Local Forces. Proceedings of the 12th Society for Global Business & Economic Development (SGBED 2011). https://www.researchgate.net/publication/262098245_Macao_A_Study_on_the_Impact_of_Global_Regional_and_Local_Forces