%0 Report
        %A Belke, Ansgar H.
%A Bordon, Ingo
%A Melnykovska, Inna
%A Schweickert, Rainer
        %T Prospective NATO or EU Membership and Institutional Change in Transition Countries
        %D 2009
        %8 2009 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 4483
        %U https://www.iza.org/publications/dp4483
        %X 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.
        %K institutional change
%K transition economies
%K NATO
%K EU
%K governance