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Prospective Membership and Institutional Change in Transition Countries

  • Ansgar Belke
  • Ingo Bordon
  • Inna Melnykovska
  • Rainer Schweickert

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: https://www.ifw-members.ifw-kiel.de/publications/prospective-membership-and-institutional-change-in-transition-countries-1/kap-1562.pdf
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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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