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Autoren: 
Belke, Ansgar
Bordon, Ingo G.
Melnykovska, Inna
Schweickert, Rainer
Datum: 
2009
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1562
Zusammenfassung: 
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.
Schlagwörter: 
EU
NATO
Transition Economies
Institutional Change
Governance
JEL: 
F15
F20
F50
P20
P30
O19
Dokumentart: 
Working Paper

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