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Prospective Membership and Institutional Change in Transition Countries

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Author Info
Ansgar Belke
Ingo Bordon
Inna Melnykovska
Rainer Schweickert

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Abstract

This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and NATO clearly matter for institutional development. In addition, path-dependency determined by cultural norms may be overcome by economic liberalization while foreign aid seems to hamper institutional development

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File URL: http://www.ifw-members.ifw-kiel.de/publications/prospective-membership-and-institutional-change-in-transition-countries-1/kap-1562
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Publisher Info
Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1562.

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Length: 26 pages
Date of creation: Oct 2009
Date of revision:
Handle: RePEc:kie:kieliw:1562

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Related research
Keywords: EU; NATO; Transition Economies; Institutional Change; Governance;

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Find related papers by JEL classification:
F15 - International Economics - - Trade - - - Economic Integration
F20 - International Economics - - International Factor Movements and International Business - - - General
F50 - International Economics - - International Relations and International Political Economy - - - General
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General
O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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