Prospective membership and institutional change in transition countries

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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Year of publication:	2009
Authors:	Belke, Ansgar ; Bordon, Ingo G. ; Melnykovska, Inna ; Schweickert, Rainer
Publisher:	Kiel : Kiel Institute for the World Economy (IfW)
Subject:	EU \| NATO \| Transition Economies \| Institutional Change \| Governance

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Series:	Kiel Working Paper ; 1562
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	610368516 [GVK] hdl:10419/28389 [Handle] RePEc:zbw:ifwkwp:1562 [RePEc]
Classification:	F15 - Economic Integration ; F20 - International Factor Movements and International Business. General ; F50 - International Economics. General ; P20 - Socialist Systems and Transitional Economies. General ; P30 - Socialist Institutions and Their Transitions. General ; O19 - International Linkages to Development; Role of International Organizations
Source:	EconStor

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010271853