Research and Discussion on the Economic Recovery of Macau in the Post-Pandemic Context

The impact of the COVID-19 pandemic on the economy is undoubtedly catastrophic, and its impact on the world is immeasurable. Now that the pandemic has passed, the issues it left behind and the lessons it provided are worth discussing and summarizing. No one hopes for such a global disaster to recur, but if humanity is unfortunately faced with such a crisis again, how should we effectively respond to similar crises? How can we quickly and effectively restore economic order after a disaster? To this end, our team hopes to summarize an effective post-crisis handling plan for Macau through this study, to eliminate the impact of the crisis on the economy as soon as possible. Considering the particularity of Macau's industrial structure, our team combines the characteristics of the gaming and tourism industries, searches for literature and reports, organizes and interprets data to derive feasible plans. At the same time, we learn from foreign regions with similar industrial structure characteristics and advanced solutions, using objective data and foreign advanced region cases to summarize feasible plans for post-crisis handling in Macau. This paper will point out three issues that slow down the economic recovery of Macau after the pandemic and provide solutions for each issue.

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Publication Details

Journal
Journal of Economic Insights
Published
2024-12-20
DOI
https://doi.org/10.70693/jei.v1i1.255
Primary Topic
Regional Development and Environment
Type
article
Field-Weighted Citation Impact
0.00
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article

Research and Discussion on the Economic Recovery of Macau in the Post-Pandemic Context

Journal of Economic Insights
Regional Development and Environment
article

Research and Discussion on the Economic Recovery of Macau in the Post-Pandemic Context

article en

Abstract

The impact of the COVID-19 pandemic on the economy is undoubtedly catastrophic, and its impact on the world is immeasurable. Now that the pandemic has passed, the issues it left behind and the lessons it provided are worth discussing and summarizing. No one hopes for such a global disaster to recur, but if humanity is unfortunately faced with such a crisis again, how should we effectively respond to similar crises? How can we quickly and effectively restore economic order after a disaster? To this end, our team hopes to summarize an effective post-crisis handling plan for Macau through this study, to eliminate the impact of the crisis on the economy as soon as possible. Considering the particularity of Macau's industrial structure, our team combines the characteristics of the gaming and tourism industries, searches for literature and reports, organizes and interprets data to derive feasible plans. At the same time, we learn from foreign regions with similar industrial structure characteristics and advanced solutions, using objective data and foreign advanced region cases to summarize feasible plans for post-crisis handling in Macau. This paper will point out three issues that slow down the economic recovery of Macau after the pandemic and provide solutions for each issue.

Journal of Economic InsightsVol. 1(1)
Macau University of Science and Technology (MO)
Openalex Percentile: Top 61%
Regional Development and Environment
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Research and Discussion on the Economic Recovery of Macau in the Post-Pandemic Context · Journal of Economic Insights (2024) | TGRS Research Map | TGRS