Prospective Nato or EU Membership and Institutional Change in Transition Countries
Ruhr Economic Papers No. 131
31 Pages Posted: 25 Oct 2009
There are 3 versions of this paper
Prospective Nato or EU Membership and Institutional Change in Transition Countries
Prospective NATO or EU Membership and Institutional Change in Transition Countries
Prospective Nato or EU Membership and Institutional Change in Transition Countries
Date Written: August 2009
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 NAT Oclearly 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.
Keywords: EU, NATO, transition economies, institutional change, governance
JEL Classification: F15, F2, F5, P2, P3, O19
Suggested Citation: Suggested Citation
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