必威体育精装版Macauthe-micro-economy.pptVIP

gggggggg hhhhhhhhhhhh Macauthe micro economy Chan Wing Yi,Lau Ho Yee, * hhhhhhhhhhh Why study Macau? Near to Hong Kong one of the two special administrative regions of the Peoples Republic of China Special economic characteristics * hhhhhhhhhhh * hhhhhhhhhhh * hhhhhhhhhhh Comparison between Macau HK Macau Area: 29.5 sq km Population: 549, 500 HK Area: 1104 sq km Population: 7, 061, 200 * hhhhhhhhhhh HK is much more larger than Macau * hhhhhhhhhhh Comparison between Macau HK Macau Unemployment rate: 2.9% Per capita GDP (2009): 311,131 MOP = $302050.7786 HKD GDP (2nd Quarter/2010): 54, 793.7m MOP ? = $53194.57m HKD HK Unemployment rate: 4.9% Per capita GDP (2009): $29,879 HKD GDP (2nd Quarter/2010) : $415,921 m HKD * hhhhhhhhhhh Macau’s economic performance seems to be better Low unemployment rate Very high per capita GDP * hhhhhhhhhhh Government expenditures * hhhhhhhhhhh Macau provides different subsidies to her citizen 聯合早報網訊: Permanent residents 澳門將連續第三年向每名永久居民發放六千元 Non-Permanent residents 非永久居民則有三千六百元 Elderly 向長者發放五千澳門元的敬老金 Public 向群眾發放五百元醫療券及一百五十元電費津貼 * hhhhhhhhhhh Where does the money come from? * hhhhhhhhhhh Tax revenue of Macau * hhhhhhhhhhh Structure of Macau’s GDP * hhhhhhhhhhh Employment structure of Macau Industry Recreational, Cultural, Gaming Other Services: 24.3% Wholesale Retail Trade: 13.4% Occupation Clerks (including casino dealers, floorpersons, betting service operators, etc.): 26.7% Service Sales Workers: 21.9% * hhhhhhhhhhh Tax revenue of Macau * hhhhhhhhhhh Fiscal Budget: Major source of Tax revenue --- gambling Fiscal Budget Aims: Prescribed by the Macau Basic Law Budget: Revenue Expenditure Achieve a fiscal balance keep the budget commensurate with the growth rate of its GDP ? Difficult to achieve during economic recession * hhhhhhhhhhh Benefits: An alternative way for economic development Lack of natural resources Enhance the development of gambling-related industries