2024/12/06 by Sheyla Zandonai · 1 voice
Economics, Econometrics and Finance · Social Sciences · #Economic Zones and Regional Development #Philippine History and Culture #Socioeconomic Development in Asia
paper · pdf · doi:10.1017/s0963926824000737
openalex publication_date 2024/12/06 · openalex created_date 2025/10/10 · openalex updated_date 2026/05/21
Abstract Gambling has been Macau’s principal industry and a major source of income for the city for nearly 180 years. However, surprisingly little has been said about its urban impact and connections to a wider economy of vice , e.g. opium, pawnbroking and prostitution, which was consolidated in the second half of the nineteenth century mostly by the hands of a Chinese entrepreneurial elite. This article takes a novel approach to examining Macau’s early colonial development by historicizing the city’s modern economy from a different, mostly neglected urban angle. It shows that the development of vice businesses promoted the diversification of commercial activity, real estate development and the creation of public facilities, defining a type of ordinary urbanization, business-led rather than government-oriented, that affected Macau’s urban character and identity in durable ways.