Comprehensive study on mini-economies

Chapter 1 Introduction ..................... .......... 1
1.1 A Brief History of Contemporary Economic Development... 1
1.2 Theoretical Reference of This Book ......................................7
1.3 The Study on Economic Growth in Mini-Economies ........... 12
1.4 Basic Definition of Mini-Economies ...................................... 14
1.5 Why is Study of Mini-Economies Important ?...................... 17
Chapter 2 Globalization and Economic Growth of
M ini-econom ies ................................ ............... 25
2.1 Globalization and its Rapid Growing ...................................... 25
2.2 Evaluation on the Positive and Negative Sides of Economic
G lobalization .................................................. .................. 26
2.3 Evaluation on the Postive and Negative Sides of Economic
Globalization towards Mini-Economies ................................... 33
2.4 Summar .............................................. 36
Chapter 3 Some Similarities of Mini-Economies .............. 38
3.1 General High Level of Development ..................................... 38
3.2 Relative Monolithic in Economic Structure .......................4.....
3.3 Government is the Main Promoter in
Industrial Diversification ............................ 40
3.4 Adopting Liberal Trade Policy with High Degree
of O penness .................................................. .. ................ 41
3.5 Active Participation in Regional Trade Organization ............42
3.6 Multi-Level Dependency on Large Countries .........................4.3
3.7 Summary ....... ...... ............ ............................. 43
Chapter 4 Investigation of Mini-Economies: A Global
Perspective ......................................................... 45
4.1 Principle of Selection ....................................... ...................... 45
4.2 C ase Study ............................................. .. ..........47
4.2.1 Brunei ........................... .................... 47
4 .2.2 Fiji...................... .............................. ......................... 53
4.2.3 Tonga ............................. ....................... .................. 58
4.2.4 Seychelles ....... .............. ...... ......... 63
4.2.5 Bahrain ................... ..... ..... 70
4 .2 .6 B aham as ........................................ ..... ............75
4.2.7 B erm uda ................................................... ...... .... 83
4.2.8 C yprus ..........................................................................90
4.2.9 M alta ...... ........................... ............ 101
4.2.10 Luxem bourg ................................................. ........ . 108
Chapter 5 The Prospect and Development Strategy of
Mini-Economies ......................................... 122
5.1 Uncertainties of Mini-Economies in the New Century ........ 122
5.2 Possible Development Strategies of Mini-Economies .......... 127
5.3 Implications on M acau ................................. .. .............. 132
Chapter 6 A Shining Star in Mini-Economies: Macau ........ 141
6.1 Background .............................. ...... . .................. 141
6.2 External Relations ........................ ........ .. ....... 142
6.3 Business Environment .................. ....... ........ ......... 147
6.4 Education and Hygiene ......................... ............ ...... 149
6.5 Degree of Autonomy ................... ................... 151
6.6 Economic Structure and its Competitiveness ..................... 153
6.7 The Rapid Development of "Dragon-Head Industry".......... 174
Chapter 7 Major Edges and Uncertainties in Macau's
Development ............................. 188
7.1 M acau's M ajor Edges .................. .. .... ............. 188
7.2 Macau's Major Constraints and Uncertainties .................... 191
Chapter 8 Orientation and Requirement of Macau's
Future Developm ent ..................... .............. ...... 202
8.1 Recognising Both the Advantages and Shortcomings to
Master the Development Trend ......................................203
8.2 Objectives Needed to be Achieved ...................... .......... 207
8.3 The Future Societal Development ......................... .......... 208
8.4 The Demonstration of "Four Centers"............................... 211
8.5 The Importance of Planning ................................. 213
8.6 Consolidation on the the Concept of Development ..........215