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2018 | nr 2 (41) | 257--275
Tytuł artykułu

Foreign Investors Versus Host Communities: An Urban Political Economy Model for Tourist Cities

Autorzy
Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
By developing an urban political economy model for tourist cities that considers the side effects and a city's carrying capacity for tourism, this paper shows how foreign investors and a host community's interests and preferences on the openness of the city greatly diverge. Foreign investors have the tendency to influence a city's policy toward more openness than optimal. If foreign investors' interest is overly represented in a city's policymaking, the city may not be able to a follow a rational development strategy. Macao is adopted as a case study.(original abstract)
Rocznik
Numer
Strony
257--275
Opis fizyczny
Twórcy
autor
  • University of Macau, China.
autor
  • University of Macau, China.
Bibliografia
  • Associate Press, Sands loses $70M in lawsuit over Macau license. AP, May 14, 2013.
  • Boukas, N., Ziakas, V., Impacts of the Global Economic Crisis on Cyprus Tourism and Policy Responses, "International Journal of Tourism Research", 15(4), pp. 329-345, 2013.
  • Beinart, P., Sheldon Adelson's Culture of Hate. Haaretz, April 2, 2014.
  • Bloomberg, Billionaire Lau Guilty of Bribery, Corruption in Macau. Bloomberg, March 14, 2014.
  • Chan, V., Tan, C., Macau Anti-graft Agency Probes Wynn Palace Land Deal. Bloomberg, July 11, 2014.
  • Choi, K., Harrigan, J., Foreign Investment and the Operations of Multinational Firms: concepts, History and Data. Handbook of International Trade, pp. 285-319, 2008.
  • Eglash, R., How US Billionaire Sheldon Adelson is Buying up Israel's Media. The Washington Post, May 1, 2013.
  • Geier, B., Why Sheldon Adelson is Going to Spend Tens of Millions on His Favored Republican, September 10, 2015.
  • Hill, H., Foreign Investment and East Asian Development. Asian-Pacific Economic Litera-ture, 4(2), pp. 21-58, 1990.
  • Hunt, K., The Dark Side of Asia's Gambling Mecca. CNN, June 18, 2013.
  • Jin, J. J., Wang, Z. S., Liu, X. M., Valuing Black-faced Spoonbill Conservation in Macao: A Policy and Contingent Valuation Study, "Ecological Economics", 68(1/2), pp. 328-335, 2008.
  • Klingner, B., Banco Delta Asia Ruling Complicates North Korean Nuclear Deal. Heritage Foundation Memo on Asia No. 1398, 2007.
  • Lague, D., Greenlees, D., Squeeze on Banco Delta Asia Hit North Korea Where It Hurt. The New York Times, January 18, 2007.
  • Lei, K. P., Wang, Z. S., Ton, S. S., Holistic Energy Analysis of Macao, "Ecological Engineering", 32(1), pp. 30-43, 2008.
  • Lew, A., Hall, M., Williams, A. M., Environmental Impacts of Tourism, "A Companion to Tourism", pp. 450-461, 2008.
  • Liu, M. Graft or Guanxi, "Newsweek", August 20, 2012.
  • Luo, M., Gouch, N., Wong, E. Scrutiny for Casino Mogul's Frontman in China, "The New York Times", August 13, 2012.
  • O'Keeffe, K., Berzon, A., Fired Executive Rankles Casino Business-Former Sands China Chief's Wrongful Termination Suit Puts Spotlight on U.S. Operators in China's Gambling Enclave, "The Wall Street Journal", December 5, 2012.
  • Pettersson, E., Adelson Returns to Stand in $328 Million Macau Deal Suit. Bloomberg, Apr. 9, 2013.
  • Reuters, Macau Graft Agency Probes Wynn Land Deal. Reuters, July 11, 2014.
  • Rho, Y., Rodrigue, J., Growing into Export Markets: The Impact of Exporting on Firm-level Investment in Indonesia, 23(1), pp. 62-85, 2015.
  • Sheng, L., Effects of Foreign Expansion on Local Growth: The Case of Macao, "European Planning Studies", 22(8), pp. 1735-1743, 2014.
  • Sheng, L., Tsui, Y. M., A General Equilibrium Approach to Tourism and Welfare: The Case of Macao, "Habitat International", 33(4), pp. 419-424, 2009a.
  • Sheng, L., Tsui, Y. M., Casino Booms and Local Politics: The City of Macao, "Cities 26(2)", pp. 67-73, 2009b.
  • Sheng, L., Zhao, W. B., (in press) Strategic Destination Management in the Face of Foreign Competition: The Case of Macao, "Journal of Travel & Tourism Marketing".
  • Wan, Y. K., The Social, Economic and Environmental Impacts of Casino Gaming in Macao: The Community Leader Perspective, "Journal of Sustainable Tourism", 20(5), pp. 737- -755, 2012.
  • Wan, Y. K., A Comparison of the Governance of Tourism Planning in the Two Special Administrative Regions of China - Hong Kong and Macao, "Tourism Management", 36, pp. 164-177, 2013.
  • Wan, Y. K., Kim, S. S., Elliot, S., Behavioral Differences in Gaming Patterns among Chinese Subcultures as Perceived by Macao Casino Staff, "Cornell Hospitality Quarterly", 54(4), pp. 358-369, 2013.
  • Winters, P., Corral, L., Mora, A. M., Assessing the Role of Tourism in Poverty Alleviation: A Research Agenda, "Development Policy Review", 31(2), pp. 177-202, 2013.
  • Zhou, Y., Lu, T., Yoo, J. E., Residents' Perceived Impacts of Gaming Development in Macau: Social Representation Perspectives, "Asia Pacific Journal of Tourism Research", 17(5), pp. 579-599, 2014.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171531998

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