Analysis of the Impact of COVID-19 on Macao’s Economy

DOI

10.2991/aebmr.k.210909.023How to use a DOI?

Keywords

COVID-19, Macao, Economy, Gambling, Tourism

Abstract

The COVID-19 epidemic is raging around the world, and without exception, Macao has also been affected. Macao’s economy was down due to the pandemic. This paper through the analysis of official data and policy discussion analyses the impact of the pandemic on Macao’s economy. The pandemic has indeed had negative impacts on Macao’s economy, especially its pillar industries, gambling and tourism. Nonetheless, measures of the Macao SAR Government were valid for economic recovery and future development of economy. The government’s financial support and the adjustment of taxation have reduced the pressure on people and enterprise.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Shulei Huang
PY  - 2021
DA  - 2021/09/11
TI  - Analysis of the Impact of COVID-19 on Macao’s Economy
BT  - Proceedings of the 2nd International Conference on Management, Economy and Law (ICMEL 2021)
PB  - Atlantis Press
SP  - 166
EP  - 170
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210909.023
DO  - 10.2991/aebmr.k.210909.023
ID  - Huang2021
ER  -