69th International Atlantic Economic Conference

March 24 - 27, 2010 | Prague, Czech Republic

Prospective NATO or EU Membership and Institutional Change in Transition Countries

Friday, 26 March 2010: 09:20
Ansgar Belke, Prof. Dr. , WiWi, University of Duisburg–Essen, Essen, Germany
Ingo Bordon, Dipl.Vw. , University of Duisburg-Essen, Essen, Germany
Inna Melnykovska, M.A. , Institute of Social Sciences, University of Kiel, Kiel, Germany
Rainer Schweickert, Ph.D. , PRED, Kiel Institute for the World Economy, Kiel, Germany
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.
Back to: O57-2 2863 Economics of Transition and Emerging Markets
<< Previous Abstract | Next Abstract >>