澳门经济增长、金融状况与特色金融的路径选择

Macao's Economic Stability,Financial Conditions and Offshore Finance Development

澳门经济的最大冲击力来自净出口(主要为旅游服务业),金融指标的影响力相对较小;适度多元化是澳门经济发展的主旋律。为此,本文从跨境贸易金融、国际金融副中心建设、横琴自贸区共同建设、主权财富基金创立、人才培养与引进等五个方面探讨特色金融对澳门特区经济适度多元化的意义及路径选择。

Macao＇s economy is characterized by big swings. Based on quarterly data concerning RMB rates, local credit, monetary base, visitors and GDP, this paper attempts to evaluate their impact on the local economy. The econometric results show that the largest shock to the local economy comes from net exports （tourism）, and that the influence of financial indicators is comparatively small, and concludes that due diversification is the main rhetoric of Macao＇s economy development strategy. This paper proceeds to look at the status quo and gap of Macao＇s offshore finance business with Hong Kong~ and finally proposes five approaches to upgrading Macao＇s international financial services, such as expanding cross-border trade settlement, positioning as a sub international finance center, co-developing Hengqin pilot free economic zone and investing in the human capital.