Representative government and the investment development path: Macao's colonial legacy

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Abstract:

According to John H. Dunning's model of the investment development path, governments play a crucial role in the early phases of a country's participation in international investment flows. This article explores the relevance of Macao's colonial legacy for the territory's current position in the investment development path. The main focus is on the system of government that existed before 1999 and that was characterized by a lack of representation of the long-term economic interests of Macao's inhabitants.

Keywords: Macau; colonialism; economic development; investment

Document Type: Research Article

DOI: http://dx.doi.org/10.1386/pjss.3.3.175/1

Affiliations: Nyenrode Business Universiteit

Publication date: December 1, 2004

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  • The Portuguese Journal of Social Science opens a gateway for the international community to engage with a high calibre of academic work in social sciences produced by Portuguese scholarship. Previous to the publication of this journal, this work remained largely inaccessible to an international readership due to issues with language and translation.
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