Virus Outbreaks and Tourism Mobility 2021
DOI: 10.1108/978-1-80071-334-520211013
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The Effects of Pandemic on a Tourism City and the Impacts of Government Policies in Macao

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“…To stir socio-economic resilience and recovery, the government launched multiple rounds of consumption voucher schemes [ 17 ], with the first round launched in mid-2020. The initial consumption voucher scheme offered eligible residents an electronic cash voucher with MOP 3000 (equivalent to USD 375) to spend locally for three months, injecting a total consumption power of MOP 2.2 billion (USD 275 million) into the local market [ 33 ]. The scheme was successful in reviving the consumer market and business environment and was considered a key policy in maintaining social resilience and the recovery of both the tourism sector and the local economy [ 34 ].…”
Section: Introductionmentioning
confidence: 99%
“…To stir socio-economic resilience and recovery, the government launched multiple rounds of consumption voucher schemes [ 17 ], with the first round launched in mid-2020. The initial consumption voucher scheme offered eligible residents an electronic cash voucher with MOP 3000 (equivalent to USD 375) to spend locally for three months, injecting a total consumption power of MOP 2.2 billion (USD 275 million) into the local market [ 33 ]. The scheme was successful in reviving the consumer market and business environment and was considered a key policy in maintaining social resilience and the recovery of both the tourism sector and the local economy [ 34 ].…”
Section: Introductionmentioning
confidence: 99%