Belke, Ansgar
[Sonstige Person, Familie und Körperschaft];
Bordon, Ingo
[Sonstige Person, Familie und Körperschaft];
Melnykovska, Inna
[Sonstige Person, Familie und Körperschaft];
Schweickert, Rainer
[Sonstige Person, Familie und Körperschaft]
Prospective NATO or EU membership and institutional change in transition countries
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Beschreibung:
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 NATOclearly 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. -- EU ; NATO ; transition economies ; institutional change ; governance