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|Title:||Prospective membership and institutional change in transition countries |
Bordon, Ingo G.
|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.|
|Document Type:||Working Paper|
|Appears in Collections:||Kieler Arbeitspapiere, IfW|
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