People's Republic of China-Macao Special Administrative Region

2016 Article IV Consultation-Press Release; and Staff Report

People's Republic of China-Macao Special Administrative Region
In recent years, the Macao SAR economy contracted by a cumulative 30 percent due to a sharp fall in spending by gaming tourists from Mainland China. Spillovers to the rest of the economy were relatively contained with unemployment staying under 2 percent and asset quality in the financial sector unaffected. Nonetheless, the size and speed of the... READ MORE...

Publication date: February 2017
ISBN 9781475578867
$18.00

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