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Title:Prospective membership and institutional change in transition countries PDF Logo
Authors:Belke, Ansgar
Bordon, Ingo G.
Melnykovska, Inna
Schweickert, Rainer
Issue Date:2009
Series/Report no.:Kiel working paper 1562
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.
Transition Economies
Institutional Change
Document Type:Working Paper
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

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