Prospective NATO or EU Membership and Institutional Change in Transition Countries

TitleProspective NATO or EU Membership and Institutional Change in Transition Countries
Publication TypeJournal Article
AuthorsMelnykovska, I., A. Belke, I. Bordon, and R. Schweickert
Journal titleEconomics of Transition
Year2011
Pages667-692
Volume19
Issue4
Abstract

This article quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators. 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 hampers institutional development.

DOIhttps://doi.org/10.1111/j.1468-0351.2011.00415.x
Publisher linkhttps://onlinelibrary.wiley.com/doi/10.1111/j.1468-0351.2011.00415.x
Unit: 
Department of Political Science