Outstanding scholars will provide leadership for each of the following research projects.
This program focuses on Macao’s competitiveness and on issues of competitiveness in the larger Asia-Pacific region. A prominent theme is Macao’s interaction with the cities of Hong Kong, Shenzhen, Zhuhai and the province of Guangdong.
CHINA-GLOBALIZATION AND ASIA-PACIFIC
This program aims to facilitate research related to globalization in China and the Asia-Pacific regions and countries, help international trade and FDI research and education in China and Macao, conduct high-impact academic and policy papers as well as workshops on China’s globalization, and build a bridge between China and the Asia-Pacific countries in the field of international trade and foreign direct investments.
RISK MANAGEMENT OF FINANCIAL CRISES, ENVIRONMENTAL HAZARDS AND NATURAL DISASTERS
The program will undertake studies of potential financial crisis, environmental hazards and natural disasters and their impact on economic activities. Financial specialists will be invited to develop an early warning system for financial crisis. Experts in managing nuclear plants and their operational safety will be invited to share their expertise with senior executives and business leaders.
CHINA-MACAO FINANCE AND CURRENCY RESEARCH
Currency research has always been highly demanded in both academics and business. For example, in addition to MOP, Hong Kong dollars and RMB are already used in many business transactions in Macao. This research program will facilitate research on various issues, including but not limited to ‘triple currencies’, capital markets, banking, and financial policies of China and to provide a platform linking academic researchers with the government and the business community. The program will also attempt to establish working relationships with well-known research institutions in China as well as other Asia-Pacific countries.
ASIA-PACIFIC ECONOMIC AND MANAGEMENT CO-OPERATION STUDIES
The program serves as a linkage between academic researchers within the University, the government, the business community, and similar research centers in other countries. The program seeks to establish institutional links and exchange programs with major policy research institutions in the region. The connections provide information on pressing policy concerns so that we can focus our research activities accordingly. Networking with overseas centers contributes to the promoting of Macao as a convention and vacation centre in the region.
MANAGEMENT, CORPORATION AND LABOR POLICY
As the economy in Macao, China and other Asia-Pacific countries develops, and as the aging population in these countries increases, the bifurcation of skilled versus unskilled and young versus elder labor will become pronounced. The governments will have to provide a safety net for victims of market forces. Retirement, unemployment and health care benefits must be provided. The program studies the operation of the labor market in general and evaluates existing government and corporate policies and option related to employee benefits, corporate governance, education and welfare. Administrators will learn how to work with the employees, labor unions and other social groups to development corporate policies that will build a harmonious society.
OTHER RELATED ECONOMIC AND MANAGEMENT
Projects that may be valuable to the Asia-Pacific countries.