Edmund Li SHENG 盛力

Associate Dean (Academic Affairs) of Faculty of Social Sciences
Professor of Political Economy and Public Policy
Interim Head of Department of Economics
Director of Russian Centre
Programme Coordinator of Master of Arts in European Studies

Executive Committee Member of Asia-Pacific Academy of Economics and Management, University of Macau
Member of Economic Development Committee, Macao SAR

Member of Public Services and Organizational Performance Evaluation Committee, Macao SAR
Council Member and Programme Coordinator of Escola Superior das Forças de Segurança de Macau
Member of Board of Directors, Macau Urban Renewal Limited (appointed by SAR government)
澳門都市更新股份有限公司董事 (政府委任)

Contact Information

Tel: +853 8822 4340
Office: Room 4005, Humanities and Social Sciences Building (E21B)
E-mail: edmundsheng@um.edu.mo

  • Ph.D. (Political Economy), Universitaet Freiburg, Germany
  • M.A. (Political Economy), Universitaet Freiburg, Germany
  • B.A. (German Literature), Peking University
  • Political Economy and Public Policy

SSCI publication

    1. Sheng, L., and Tsui, Y.M. (2009) Casino Booms and Local Politics: The City of Macao. Cities 26(2), 67-73.
      DOI: 10.1016/j.cities.2009.01.002
    2. Sheng, L., and Tsui, Y.M. (2009) A General Equilibrium Approach to Tourism and Welfare: The Case of Macao. Habitat International, 33(4), 419-424. DOI: 10.1016/j.habitatint.2009.01.002
    3. Sheng, L., and Tsui, Y.M. (2009) Taxing Tourism: Enhancing or Reducing Welfare? Journal of Sustainable Tourism, 17(5), 627-635. DOI: 10.1080/09669580902855828
    4. Gu, X.H. and Sheng, L. (2010) (corresponding author) A Sensible Policy Tool for Pareto Improvement: Capital Controls. Journal of World Trade, 44(3), 567-589.
    5. Sheng, L. (2010) Growth-Volatility Tradeoff in the Face of Financial Openness: A Perspective of Developing Economies. Cambridge Review of International Affairs, 23(4), 209-222.
      DOI: 10.1080/09557571.2010.523822
    6. Sheng, L. (2010) Competing or Cooperating to Host Mega Events: A Simple Model. Economic Modeling, 27(1), 375-379. DOI: 10.1016/j.econmod.2009.09.017
    7. Sheng, L., and Tsui, Y.M. (2010). Foreign Investment in Tourism: The Case of Macao as a Small Tourism Economy. Tourism Geographies, 12(2), 173-191.   DOI: 10.1080/14616681003725219
    8. Sheng, L. (2011) Taxing Tourism and Subsidizing Non-tourism: A Welfare-Enhancing Solution to 'Dutch Disease'? Tourism Management, 32(5), 1223-1228. DOI: 10.1016/j.tourman.2010.09.009
    9. Sheng, L. (2011) Specialisation versus Diversification: A Simple Model for Tourist Cities. Tourism Management, 32(5), 1229-1231. DOI: 10.1016/j.tourman.2010.09.012
    10. Sheng, L. (2011) Regional Competition and Sustainable Development: A Game Theory Model for Tourism Destinations. European Planning Studies, 19(4), 669-681. DOI: 10.1080/09654313.2011.548470
    11. Sheng, L. (2011) Foreign Investment and Urban Development: A Perspective from Tourist Cities. Habitat International 35(1), 111-117. DOI: 10.1016/j.habitatint.2010.04.005
    12. Sheng, L. (2011) Foreign Investors versus Local Businesses: An Urban Economics Model for Tourist Cities. International Journal of Tourism Research 13(1), 32-40. DOI: 10.1002/jtr.795
    13. Sheng, L. (2011) A Political Economy Approach to Foreign Investment and Local Welfare. The Social Sciences Journal, 48, 52-71. DOI: 10.1016/j.soscij.2010.07.013
    14. Sheng, L. (2011) Theorizing Free Capital Mobility: A Perspective on Developing Countries. Review of International Studies, 37(5), 2519-2534. DOI: 10.1017/S0260210510001610
    15. Sheng, L. (2012) Rethinking the Impacts of Foreign Investors on Urban Development: The City of Macao. Annals of Regional Science,49, 73-86. DOI: 10.1007/s00168-010-0433-1
    16. Sheng, L. (2012) Dealing with Financial Risks of International Capital Flows: A Theoretical Framework. Cambridge Review of International Affairs, 25(3), 463-474. DOI: 10.1080/09557571.2012.710587
    17. Sheng, L. (2013) Free Capital Mobility and Sustainable Community Development: A Theoretical Framework. Habitat International, 40(4), 278-284. DOI: 10.1016/j.habitatint.2013.06.003
    18. Sheng, L. (2014) Capital Controls and International Development: A Theoretical Reconsideration. Global Policy, 5(1), 114-120. DOI: 10.1111/1758-5899.12081
    19. Sheng, L. (2014) Income Inequality, Financial Systems, and Global Imbalances: A Theoretical Consideration. Global Policy, 5(3), 311-320. DOI: 10.1111/1758-5899.12126
    20. Sheng, L. (2014) Economic Structure, Cost Outsourcing, and Global Imbalances. Journal of Australian Political Economy, 74, 81-94. (https://search.informit.com.au/documentSummary;dn=876951975436129;res=IELAPA)
    21. Sheng, L. (2014) Effects of Foreign Expansion on Local Growth: The Case of Macao. European Planning Studies, 22(8), 1735-1743. DOI: 10.1080/09654313.2013.799634
    22. Sheng, L. (2015) Theorizing Global Imbalances: A Perspective of Savings and Inequality. Cambridge Review of International Affairs, 28(2), 191-204. DOI: 10.1080/09557571.2015.1008996
    23. Sheng, L. (2015) Theorizing Income Inequality in the Face of Financial Globalization. The Social Science Journal, 52(3), 415-424. DOI: 10.1016/j.soscij.2014.06.003
    24. Sheng, L., and Zhao, W.B. (2016) Strategic Destination Management in the Face of Foreign Competition: The Case of Macao. Journal of Travel & Tourism Marketing 33(2), 263-278.
      DOI: 10.1080/10548408.2015.1051198
    25. Sheng, L. (2016) Explaining the Transformation of Urban Island Politics: The Case of Macau. Island Studies Journal, 11(2), 521-536. ( http://www.islandstudies.ca/sites/islandstudies.ca/files/ISJ-11-2-MS362-LiSheng.pdf)
    26. Sheng, L. (2016) Explaining US-China Economic Imbalances: A Social Perspective. Cambridge Review of International Affairs, 29(3), 1097-1111. DOI: 10.1080/09557571.2016.1230589
    27. Sheng, L. (2017) Explaining Urban Economic Governance: The City of Macao. Cities, 61(2017), 96-108.
      DOI: 10.1016/j.cities.2016.08.011
    28. Sheng, L. Li, T. and Wang, J. (2017) Tourism and Externalities in an Urban Context: Theoretical Model and Empirical Evidence. Cities, 70(2017), 40-45. DOI: 10.1016/j.cities.2017.06.012
    29. Sheng, L. and Wan, P. (2017) Explaining Urban Governance in the Midst of Political Transformation: The City of Macao. Asia Pacific Viewpoint, 58(3), 289-300. DOI: 10.1111/apv.12167
    30. Sheng, L. Factors Determining the Success or Failure of a Tourism Tax: A Theorectical Model. Tourism Review , 72(3), 274-287. DOI: 10.1108/TR-02-2017-0030
    31. Li, T., and Sheng, L. (corresponding author) (2018) Corruption and Travel: Effects of China’s Anti-graft Campaign on Macao. Erde, 149 (1), 111-120. (https://www.die-erde.org/index.php/die-erde/article/view/339)
    32. Sheng, L., and Gao, J. (2018) Foreign Investors versus Host Communities: An Urban Political Economy Model for Tourist Cities. Argumenta Oeconomica, 41(2), 257-275. DOI: 10.15611/aoe.2018.2.11
    33. Sheng, L. (2018) Hong Kong and Shanghai: A Tale of Two Cities in China". Tempo Social, 30(3), 171-190.  
      DOI: http://dx.doi.org/10.11606/0103-2070.ts.2018.134683
    34. Sheng, L., and Li, T and Gao, J. (2019) Effects of Foreign Capital on Urban Economy: Evidence from Macao and Hong Kong. Ekonomista 2/2019, 243-254.  (http://www.ekonomista.info.pl/?rok=2019&nr=2&t=2&lang=1)
    35. Gu, X.H., Sheng, L. (corresponding),and Yuen, C.Y. (2019) Inbound tourism, hospitality business, and market structure. Journal of Hospitality and Tourism Research, 43(8), 1326-1335.  DOI: 10.1177/1096348019870574
    36. Sheng, L., and Hu, W.Y. (accepted) Tourism and Hospitality Market Structure: A Theoretical Discussion. The Social Science Journal. DOI: 10.1016/j.soscij.2019.07.013
    37. Gu, X.H., Li, G.Q. , Lei, C.K., Sheng, L., and Zhao, Q.B. (2020) The In equality-housing Price Nexus in Tourist Resorts: Theory and Evidence. Asia Pacific Journal of Accounting and Finance 27(1), 132-150.
      DOI: 10.1080/16081625.2020.1686842
    38. Sheng, L. and Jin, X. (accepted) Relations between the Current Account and the Gap between Income Inequality and Consumption Inequality. Ekonomista.
    39. Gu, X.H., Lei, C.W., Sheng, L. and Zhao, Q.B. (accepted) Global Current Account Imbalances and the Link between Income and Consumption Inequality. Review of International Economics.
    40. Gu, X.H., Sheng, L. (corresponding), Yuen, C.Y. and Lei, C.K. (accepted) Modeling the Economic Effect of Statutory Taxation on Gaming Hospitality. Journal of Hospitality and Tourism Research.
    41. Sheng, Zhang, and Yin (accepted) Global imbalances and the link between income and inequality: A Theoretical Discussion. Argumenta Oeconomica.  

CSSCI publication


    1. Sheng, L. (2006) Der Einsatz von Asset Management Companies zur Loesung notleidender Kredite im chinesischen Bankensystem. Freiburg/Berlin: Rombach Verlag.
    2. Hao, Y., Sheng, L. (corresponding author), Pan, G. (2017) Political Economy of Macao Since 1999. Singapore: Palgrave Macmillan.
    3. Sheng, L., Nascimento, D.F. (in progress) Love and Trade Wars-US and China in Historical Context. Singapore: Springer.

Professor Li SHENG received his M.A. and Ph.D. from Universitaet Freiburg, Germany, after graduating from Peking University. His research focuses mainly on urban, tourism and international political economy. He has published over 60 research papers in peer-reviewed academic journals, among which 41 published in SSCI listed in the Social Sciences Citation Index, mainly sole authored. He also has published 4 monographs, 9 book chapters and over 70 newspaper/magazine articles.

Professor Sheng’s services in recent years include Acting Dean and Associate Dean (Academic Affairs) of Faculty of Social Sciences, Council Member and Programme Coordinator of ESFEM, Programme Coordinator of Master of Arts in European Studies, Director of Russian Center, member of State Key Lab of Internet of Things for Smart Cities, University Senate member, external advisor to Macao Central Policy Unit with regard to Macao’s Urban Development Master Plan and Macao’s Territorial Sea Management, member of Economic Development Committee, Macao SAR, member of Public Services and Organizational Performance Evaluation Committee, Macao SAR, member of Industrial Layout Experts Consultative Committee, Vice Chairman of Grand Thought Think Tank, and Member of Board of Directors, Macau Urban Renewal Limited.

His awards and major projects chaired include:


  • Faculty Excellent Research Incentive Scheme Awardee 2017/2018
  • Faculty Community Services Award, 2017/2018
  • Faculty Services Award 2018/2019
  • First Prize (research paper category) in the 3rd Macau Humanities and Social Sciences Outstanding Achievement Award (第三屆澳門人文社會科學研究優秀成果評獎)
  • Second Prize (research paper category) in the 4th Macau Humanities and Social Sciences Outstanding Achievement Award (第四屆澳門人文社會科學研究優秀成果評獎)
  • First Prize (research paper category) in the 5th Macau Humanities and Social Sciences Outstanding Achievement Award (第五屆澳門人文社會科學研究優秀成果評獎)


  •  “Study on European Social-Economic Model” (2005-2008) commissioned by the European Commission, and “One Country, Two Systems and Macao SAR” (2004). 
  • “Macao Tourism Carrying Capacity” (2005-2010) commissioned by the Secretary of Social and Cultural Affairs
  • "Economic and Legal Study on Macao Land for Macao People"(澳人澳地的經濟法律分析研究)(2013) commissioned by the Secretary of Transport and Public Works
  • “Directions and Strategies of Macau’s Public Administration Reform” (2013)
  • “Social-political Impacts of US-based Casinos in Macao” (2014) and “Economic Diversification, Regional Integration and Cross-border governance” (2019) commissioned by responsible authorities of Chinese Central Government
  • “A Political Economy Analysis of Economic Imbalances in the Post-Crisis Era” (2016-2018), “Explaining Cross-Destination Variations in Taxing Tourism: A Sustainability Perspective” (2017-2018)
  • “Formal and Informal Politics of Urban Island” (2019-2020)
  • Structure, Equality and Saving: Analyzing Sino-US Economic Imbalances, 2020-2021
  • Industrial Diversification in Macao Using System Dynamics Analysis: Economic Modeling and Policy Suggestions, 2021-2022

    Professor Sheng is a member of Chinese Association of Hong Kong and Macao Studies (全囯港澳研究會), European Association of Evolutionary Political Economy, Regional Studies Association International, International Studies Association and International Political Economy Society, and a member of the editorial board of “Cities”. 

    Professor Sheng has been residing in Macao since 1990s, and he masters Mandarin Chinese and Cantonese Chinese, German, and English.